According to WIRED, Potential Sciences secures backing from UK SovAI in seed round
According to WIRED, AI startup Potential Sciences has secured backing from the UK government’s Sovereign AI Fund, SovAI, as part of a seed round in the tens of millions of dollars. Twin Path Ventures also joined the financing. The company, launched on Nov. 5, plans to build large chemical datasets by simulating atomic and molecular interactions, aiming to train models that can better predict drug candidates and cut lab experimentation. SovAI’s Joséphine Kant has joined the board.
Original sources
- Wired · Potential Sciences, an AI startup building large-scale chemical data sets, secured backing from the UK's Sovereign AI Fund, as part of an eight-figure raise ↗
- Techmeme · Potential Sciences, an AI startup building large-scale chemical data sets, secured backing from the UK's Sovereign AI Fund, as part of an eight-figure raise ↗