# Atomic AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atomic-ai

- Industry: Biotechnology
- Headquarters: South San Francisco, US
- Website: www.atomic.ai
- Total disclosed funding: $43M
- Latest round: Series A (Nov 17, 2022)
- Investors on record: 8

## About

Based in California, US, and founded in 2021 by CEO Raphael Townshend, Atomic AI, Inc., a.k.a. Atomic AI is a biotech company that leverages artificial intelligence (AI) technology on molecular structures for reengineering RNA biology to create chemicals and pharmaceuticals. In January 2023, Atomic AI, Inc. raised USD 35 million in a Series A funding led by Playground Global, LLC, with participation from 8VC, AME Cloud Ventures, FactoryHQ, Greylock Partners, and Not Boring Capital.

The company has developed a proprietary AI-driven 3D RNA structure engine for discovering novel structure targets across the transcriptome and for designing RNA-targeted small molecules, RNA-based medicines, and RNA tools. The engine can predict structured, ligand-able RNA motifs at a good speed, which has been a barrier to current approaches in RNA drug discovery.

Atomic AI plans to use its proceeds from January 2023 funding to support the development of its artificial intelligence-based platform.

## Funding rounds

- Series A, Nov 17, 2022, $36M — Greylock Partners, AME Cloud Ventures, Playground Global, LLC, 8VC, Factory HQ, Not Boring Capital
- Seed, Dec 31, 2021, $7M — Greylock Partners, AME Cloud Ventures, 8VC, AIX Ventures, Factory HQ, Xu Ventures

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed, Series A
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Seed, Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed, Series A
- AIX Ventures (https://capitalatlas.ai/funds/aix-ventures) — Seed
- Factory HQ (https://capitalatlas.ai/funds/factory-hq) — Seed, Series A
- Xu Ventures (https://capitalatlas.ai/funds/xu-ventures) — Seed
- Playground Global, LLC — Series A
- Not Boring Capital (https://capitalatlas.ai/funds/not-boring-capital) — Series A