Peptris Technologies News Today

The process of discovering and developing a new drug can take decades and costs hundreds of millions or even billions of dollars. However, technological advances like artificial intelligence can help speed up and transform the time-consuming and labor-intensive exercise. In India, Peptris Technologies, a Bangalore-based AI drug discovery company, has announced $1 million in pre-seed round investment led by Speciale Invest.

Four tech startups from different sectors – BatX, Kapture CX, Peptris Technologies, HouseEazy - have raised early-stage funding, the companies announced Tuesday. BatX Battery recycling startup BatX ......

Using advanced AI, Peptris sifts through large data sets to identify and develop potential drug candidates quickly and cost-effectively, reducing lab testing time, the company said.

Omnichannel retailer FirstCry aims to raise $500-600 million from its public listing and is likely to file its draft IPO papers in the next few days. This and more in todays ETtech Top 5.