Peptris Raises $1 Million in Pre-Seed Funding from Speciale Invest to Accelerate AI Drug Discovery

Share This Post

Tech News Summary:

  • Peptris Technologies Private Limited, a Bengaluru-based AI drug discovery company, has secured a pre-seed round investment of $1 million led by Speciale Invest to advance AI-driven solutions in drug discovery/development, focusing on novel therapies for non-drug targets in oncology, inflammation, and rare diseases.
  • Peptris is revolutionizing drug discovery with its next-generation AI platform, which efficiently narrows extensive chemical libraries to identify promising drug candidates, reducing the traditionally long and expensive drug discovery process.
  • Peptris is expanding its research scope to include rare diseases, leveraging AI for the rapid discovery of new therapeutic options, with a founding team that combines deep pharmaceutical knowledge with advanced computational technology, and with backing from Speciale Invest to transform the future of pharma and healthcare technology in India.

Peptris, a leading artificial intelligence drug discovery platform, has announced that it has secured $1 million in pre-seed funding from Speciale Invest, a venture capital firm focused on deep-tech startups.

The funding will be used to accelerate the development of Peptris’ AI-driven drug discovery platform, which aims to revolutionize the way pharmaceutical companies identify and develop new drugs. By leveraging advanced machine learning and bioinformatics techniques, Peptris is able to rapidly analyze complex biological data and identify promising drug candidates.

“We are thrilled to have the support of Speciale Invest as we continue to advance our mission of accelerating drug discovery through the power of artificial intelligence,” said Dr. Sarah Patel, co-founder and CEO of Peptris. “This funding will enable us to further develop our platform and expand our research efforts to address critical unmet medical needs.”

Peptris’ platform has already shown promising results in identifying potential drug candidates for a range of diseases, including cancer, infectious diseases, and neurological disorders. With the support of Speciale Invest, the company aims to further validate its technology and establish partnerships with pharmaceutical companies to bring novel therapies to market.

“We believe that Peptris has the potential to transform the drug discovery process and bring much-needed innovation to the pharmaceutical industry,” said Vishesh Rajaram, Partner at Speciale Invest. “We are excited to support the company as it continues to advance its AI-driven platform and make significant strides in improving patient outcomes.”

The pre-seed funding from Speciale Invest represents a major milestone for Peptris and positions the company for further growth and success in the rapidly evolving field of AI-powered drug discovery. With this new investment, Peptris is poised to make significant contributions to the advancement of medical science and the development of groundbreaking new treatments for patients worldwide.

Read More:

Partnership Between Mitsubishi Electric and Nozomi Networks Strengthens Operational Technology Security Business

Mitsubishi Electric and Nozomi Networks Partnership Mitsubishi Electric and Nozomi...

Solidion Technology Inc. Completes $3.85 Million Private Placement Transaction

**Summary:** 1. Solidion TechnologyInc. has announced a private placement deal...

Analyzing the Effects of the EU’s AI Act on Tech Companies in the UK

Breaking Down the Impact of the EU’s AI Act...

Tech in Agriculture: Roundtable Discusses Innovations on the Ranch

Summary of Tech on the Ranch Roundtable Discussion: ...

Are SMEs Prioritizing Tech Investments Over Security Measures?

SMEs Dive Into Tech Investments, But Are...

Spotify Introduces Music Videos for Premium Members in Chosen Markets

3 Summaries of Spotify Unveils Music Videos for Premium...

Shearwater to Monitor Production at Equinor’s Two Oil Platforms

Shearwater GeoServices secures 4D monitoring projects from Equinor for...

Regaining Europe’s Competitive Edge in Innovation: Addressing the Innovation Lag

Europe’s Innovation Lag: How Can We Regain Our Competitive...

Related Posts

Government Warns of AI-Generated Content: Learn More about the Issue

Government issued an advisory on AI-generated content. All AI-generated content...

Africa Faces Internet Crisis: Extensive Outage Expected to Last for Months, Hardest-Hit Nations Identified

Africa’s Internet Crisis: Massive Outage Could Last Months, These...

FTC Investigates Reddit for AI Content Licensing Practices

FTC is investigating Reddit's plans...

Journalists Criticize AI Hype in Media

Summary Journalists are contributing to the hype and...