Chinese biotech BioGeometry secures over $100 million Series A for AI-driven protein design
read at Endpoints ↗DealPositive
BioGeometry, a four-year-old biotech startup based in Beijing, announced it has closed a Series A financing round of more than $100 million.
The capital will be used to expand its artificial-intelligence platform that designs proteins for drug development, the company said in a statement on Wednesday.
The sizable raise underscores growing investor interest in AI-driven approaches to pharmaceutical research in China and could accelerate BioGeometry’s pipeline.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Beijing-based BioGeometry gets $100M+ for AI drug R&D”
read at Endpoints ↗81 words · retrieved 42m ago
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