Causaly Raises $60 Million in Series B Funding to Catalyze AI-powered Preclinical Discovery
Causaly , the leading AI platform for biomedical research, closed $60m in Series B funding led by ICONIQ Growth , with participation from Index Ventures , Marathon Venture Capital , EBRD , Pentech Ventures and Visionaries Club .
- Causaly , the leading AI platform for biomedical research, closed $60m in Series B funding led by ICONIQ Growth , with participation from Index Ventures , Marathon Venture Capital , EBRD , Pentech Ventures and Visionaries Club .
- The latest round comes after the company recently tripled revenue and customers, now serving 12 of the top 20 pharma companies.
- Developing a new drug is an arduous process that typically spans over a decade, involving extensive research, development and rigorous clinical trials.
- Causaly’s AI solution is specifically designed to untangle this complexity, empowering scientists to deeply understand the underlying disease biology.