Tech Company Financing Transactions
Kuano Funding Round
Kuano closed a $2.2 million Seed venture capital round on 9/12/2023. Investors included Mercia Ventures, ACF Investors and Ascension Ventures.
Transaction Overview
Company Name
Announced On
9/12/2023
Transaction Type
Venture Equity
Amount
$2,230,000
Round
Seed
Investors
Proceeds Purpose
The investment will facilitate further validation of Kuano's quantum simulation platform for the design of more effective drug candidates targeting enzymes and continued company growth through strategic partnerships and recruitment.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Hauxton House, Mill SciTech Park, Mill Lane
Cambridge, England, CB22 5HX
UK
Cambridge, England, CB22 5HX
UK
Phone
Undisclosed
Website
Email Address
Overview
Our discovery platform uniquely combines target quantum mapping and AI led chemistry to enable faster development of better drug candidates. Our unique approach tackles common challenges in both AI driven drug design and target driven drug discovery. Quantum Mapping of targets introduces selectivity from the start, producing superior candidates in fewer design rounds. Identifying better starting points for AI-led chemistry eliminates bottlenecks in the hit to candidate optimization phase. Generating better Enzyme Inhibitors by targeting Quantum Transition States. We work with enzyme inhibitors in a unique way, continually developing tools to address the challenges of working with machine learning and quantum simulations in drug discovery. This strategy significantly improves the quality of new drugs being produced, as well as reduces discovery time.
Management Team
Title
Name
Email & Social
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