Variational AI

BiotechnologySeedVancouver, Canadavariational.ai

Latest round

Seed

Last raised

Feb 2025

Total raised

$9M

Investors

9

About Variational AI

Founded in 2019 in Vancouver, Canada, Variational AI focuses on enhancing drug discovery processes. The company was established by Ali Saberali, Jason Rolfe, and Zaccary Alperstein.Variational AI specializes in innovative drug discovery through its core product, the Enki™ Platform, a generative AI tool designed to identify and generate novel drug-like small molecules efficiently. This platform has been trained on over 570 biological targets across various classes, including GPCRs, kinases, and hydrolases, enabling users to select target properties quickly and effectively. The primary end use of the Enki™ Platform is to facilitate the discovery of therapeutics across multiple disease areas, directly addressing the challenges of traditional drug development timelines and costs.Variational AI generates revenue primarily through partnerships and collaborations with biopharmaceutical companies that utilize its Enki™ Platform for drug discovery. These partnerships typically involve tailored agreements where clients access the platform's capabilities, benefiting from its ability to expedite the identification of viable drug candidates. The transactions structured around these collaborations can include subscription models or project-based fees, where clients pay for specific services rendered or access to the platform for a defined period., and ThresholdImpact. Variational AI intends to launch new enhancements to the Enki™ Platform and explore entry into additional markets across Europe and North America by 2026, aiming to broaden its reach and impact in the drug discovery field.

Who invested in Variational AI

9 investors across 2 rounds

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Funding rounds

  1. Seed

    Feb 20, 2025

    Amount

    $5.5M

    Investors

    Locked

  2. Seed

    Nov 17, 2021

    Amount

    $3.5M

    Investors

    Locked

Questions about Variational AI

Who invested in Variational AI?

Variational AI has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Variational AI raised?

Variational AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Variational AI last raise money?

Variational AI's most recent round on record is a Seed, in Feb 2025.

What does Variational AI do?

Founded in 2019 in Vancouver, Canada, Variational AI focuses on enhancing drug discovery processes.

Where is Variational AI headquartered?

Variational AI is headquartered in Vancouver, Canada.

Which VCs invest in companies like Variational AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Variational AI's stage. Their profiles are linked below.

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