Chemify Secures $43m Funding for Chemputation Technology
Chemify, a Glasgow-based developer of chemputation technology, has secured $43m in Series A funding. The funding round was led by Triatomic Capital and included participation from new investors such as Horizon Ventures, Rocketship Ventures, Possible Ventures, Alix Ventures, Eos, and the UK Government Innovation Accelerators program. Existing investor BlueYard Capital also participated in the round. Chemify was founded in 2019 by CEO Lee Cronin, with support from David Cleevely, co-founder of Abcam.
The company specializes in digital design, discovery, and manufacture of complex molecules and materials.
By combining chemistry research, robotics, artificial intelligence, and conceptual advancements, Chemify aims to streamline the process of discovering new molecules. Their technology has the potential to accelerate advancements in medicine, farming, materials science, and green energy. Chemify's proprietary molecular design, discovery, and chemical manufacturing technology was developed by CEO Lee Cronin and his team at the University of Glasgow's Digital Chemistry Laboratory, based at the Mazumdar-Shaw Advanced Research Centre.
The successful Series A funding will enable Chemify to further develop its chemputation technology and expand its operations. With the support of renowned investors and the UK Government Innovation Accelerators program, the company is poised to make significant contributions to various industries. Chemify's vision is to reduce the reliance on experimental trial and error methods in chemical research, revolutionizing the way new molecules are discovered and manufactured.
They've invested in Chemify
Get to know these Biotech investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  Triatomic Capital | 1 investment(s) investment(s) | more info | |||
2 |  Horizon Ventures | 2 investment(s) investment(s) | 23 contacts contacts | |||
3 |  Rocketship Ventures | 1 investment(s) investment(s) | more info | |||
4 |  Possible Ventures | 1 investment(s) investment(s) | more info | |||
5 |  Alix Ventures | 1 investment(s) investment(s) | 3 contacts contacts | |||
6 |  Eos | 1 investment(s) investment(s) | more info | |||
7 |  BlueYard Capital | 3 investment(s) investment(s) | more info |
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