#AI Drug Discovery
2 stories · 3 issues · daily AI Drug Discovery news timeline
#AI Drug Discovery timeline · newest first
Mon, Oct 12
ByteDance spin-off Anew Labs raises $290 million in an angel round at a first-round valuation of RMB 10 billion
When an internet company goes into AI drug discovery, compute and algorithms are the advantages it brings; whether it produces a drug depends on rebuilding a team by the rules of life sciences.
Sat, Sep 26
AI Financing Weekly (Fourth Week of September): AI Investment Goes Beyond Software as Rainmaker Raises $100 Million in Series B Funding to Expand AI-Powered Drone Cloud-Seeding Research
AI in pharmacy benefits has to show up in measurable drug spending and accessible professional care.
Thu, Sep 24
Enveda, which uses AI to find drugs in plants, raises a $311 million Series E as its valuation doubles in a year to $2 billion
Investors are paying for clinical data rather than platform stories, and Enveda's doubled valuation rests on that 85% figure from ENV-294.