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
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
Phone
Undisclosed
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.
Profile
Kuano LinkedIn Company Profile
Social Media
Kuano Company Twitter Account
Company News
Kuano News
Facebook
Kuano on Facebook
YouTube
Kuano on YouTube

Management Team

Title
Name
Email & Social
Chairman
Antonio Benedetti
  Antonio Benedetti LinkedIn Profile  Antonio Benedetti Twitter Account  Antonio Benedetti News  Antonio Benedetti on Facebook
Chief Executive Officer
Vid Stojevic
  Vid Stojevic LinkedIn Profile  Vid Stojevic Twitter Account  Vid Stojevic News  Vid Stojevic on Facebook
Chief Operating Officer
Denise Moody
  Denise Moody LinkedIn Profile  Denise Moody Twitter Account  Denise Moody News  Denise Moody on Facebook
Chief Technical Officer
David Wright
  David Wright LinkedIn Profile  David Wright Twitter Account  David Wright News  David Wright on Facebook


 

 

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We do our best to report on every notable VC transaction. All VC database entries reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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