Verge Genomics Announces $32 Million Series A to Lead Artificial Intelligence-Driven Drug Discovery
SAN FRANCISCO--(BUSINESS WIRE)--Verge Genomics, a drug discovery company utilizing machine learning to develop new therapeutics, announced today that it has raised $32 million in Series A financing led by DFJ. New biotech investors WuXi AppTec's Corporate Venture Fund, ALS Investment Fund, Agent Capital, and OS Fund also participated in the round. The oversubscribed round brings Verge's total funding raised to-date to more than $36 million. With this round, Emily Melton of DFJ will join Verge Genomics' Board of Directors. Founded in 2015, Verge intersects machine learning, neuroscience, and experimental biology to accelerate drug discovery.
Jul-17-2018, 02:36:09 GMT
- Country:
- North America > United States > California > San Francisco County > San Francisco (0.25)
- Genre:
- Press Release (1.00)
- Industry:
- Banking & Finance (1.00)
- Health & Medicine
- Pharmaceuticals & Biotechnology (1.00)
- Therapeutic Area > Neurology (1.00)
- Technology: