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AI-biotech expediting drug R&D with quantum physics, AI and cloud

AI-biotech expediting drug R&D with quantum physics, AI and cloud

Intelligent Digital Drug Discovery and Development (ID4) platform, which provides - Crystal Structure Prediction - Computation of Relative Free energies - Solubility predictions - Prediction of Nucleation Conditions for Crystal Structures for biotechnology and pharmaceutical clients

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XtalPi lands massive $319M SoftBank-led round C to continue its high-tech drug discovery

  • TechCrunch
  • 2 months ago
  • XtalPi, an American-Chinese biotech firm that focuses on AI-assisted drug discovery, has raised a $319 million round C from a slate of enthusiastic investors led by SoftBank’s Vision Fund.
  • Softbank led the round, with PICC Capital and Morningside making up the larger remaining part, as well as follow-ons from existing investors Tencent, Sequoia China, China Life, and SIG.
  • This company, founded in 2014, purports to offer extremely low-level simulation and prediction of target molecules, both simulating the physics at atomic levels and doing the more traditional data science work that eliminates dead ends and points towards more fruitful avenues for investigation.
  • XtalPi works with major pharmaceutical companies like Pfizer that need to identify promising new drug-like molecules and learn as much about them as possible.
  • XtalPi plans to use the money to scale its existing operations with improved algorithms, more data, and additional computing power.
XtalPi lands massive $319M SoftBank-led round C to continue its high-tech drug discovery

Joy Zhang

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Worked at XtalPi. Went to University of Delaware, Tsinghua University

Lindy Le

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Aaron Yang

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Project Coordinator at XtalPi