Valence Discovery
Latest round
- Seed
Last raised
- Dec 2021
Total raised
- $8.5M
Investors
- 4
About Valence Discovery
Based in Canada, Valence Discovery Inc.Founded in 2018 and headquartered in Montreal, Canada, Valence Discovery Inc. specializes in the development of AI technologies for drug discovery. The company has executed 2 total deals, with its most recent transaction occurring on May 8, 2023. In this deal, Valence Discovery was acquired by Recursion Pharmaceuticals, Inc.50 million. The founders, Prudencio Tossou and Therence Bois, have previous experience in biotechnology ventures, contributing to Valence's innovative approach.Valence Labs, a crucial segment of Valence Discovery, is renowned for its AI research focusing on drug discovery. The flagship product, TxPert, employs advanced biological knowledge networks to predict cellular responses to genetic modifications. This technology enhances drug discovery accuracy by simulating virtual cellular responses to various interventions.Valence Labs' revenue is generated through strategic partnerships with pharmaceutical companies, research institutions, and biotech firms. The company structures its agreements around service contracts, providing clients access to advanced data analytics and computational capabilities. By leveraging Recursion's extensive 60 petabyte data repository, Valence Labs crafts tailored solutions for drug development., Valence Discovery plans to enhance its AI biotechnology capabilities.50 million, aims to support the development of new products and technology enhancements. The company intends to expand its reach into additional international markets, focusing on enhancing its presence in Europe and Asia by the end of 2024. This expansion will align with their goals of increasing access to their innovative drug discovery solutions.
Who invested in Valence Discovery
4 investors across 1 round
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Funding rounds
Seed
Dec 15, 2021
Amount
$8.5M
Investors
Questions about Valence Discovery
Who invested in Valence Discovery?
Valence Discovery has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Valence Discovery raised?
Valence Discovery has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Valence Discovery last raise money?
Valence Discovery's most recent round on record is a Seed, in Dec 2021.
What does Valence Discovery do?
Based in Canada, Valence Discovery Inc.
Where is Valence Discovery headquartered?
Valence Discovery is headquartered in Montreal, Canada.
Which VCs invest in companies like Valence Discovery?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Valence Discovery's stage. Their profiles are linked below.
VCs backing biotechnology startups at Seed
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