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Causaly Raises $60 Million in Series B Funding to Catalyze AI-powered Preclinical Discovery

The financing, led by ICONIQ Growth, enables Causaly to accelerate innovation and drive increased adoption of its category-leading AI platform to modernize scientific research.LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Causaly, the leading AI platform for biomedical research, closed $60m in Series B funding led by ICO...
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Causaly, an AI platform for drug discovery and biomedical research, raises $60M

Artificial intelligence has been a big theme in the world of health and medical research, and specifically in the area of drug discovery. Causaly, a London startup that has built an AI platform to help researchers accelerate the development and testing of drugs, has raised $60 million, a Series B that will be going toward R&D and to continue building out its team. ICONIQ Growth -- the growth-stage fund affiliated with the iconic investment firm of the same name -- is leading the round, wi...
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Source: yahoo.com

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