6 years ago
LabGenius Secures €11.5 Million Series A to Scale AI-Driven Drug Discovery Platform
LabGenius, a London-based drug discovery company, has raised €11.5 million in Series A funding led by Lux Capital and Obvious Ventures
The company uses AI, robotic automation, and synthetic biology to discover novel protein therapeutics
The funding will be used to scale the team, expand the discovery platform, and initiate an internal asset development program
LabGenius aims to develop novel antibody fragments capable of treating conditions that cannot be addressed using conventional antibody formats.
ProblemBiotechnology
"making protein therapeutics discovery less dependent on human intuition and bias"
Solution
"using AI, robotic automation, and synthetic biology to discover novel protein therapeutics"