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

Causaly Raises $60 Million in Series B Funding to Catalyze AI-powered Preclinical Discovery
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Causaly, an AI platform for drug discovery and biomedical research, raises $60M

Causaly, an AI platform for drug discovery and biomedical research, raises $60M
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Causaly Raises $60M in Series B Funding

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.

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, with previous backers Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures and Visionaries Club also participating.

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