The corporate has constructed an end-to-end AI-based platform that comprehensively maps the course of a illness on the protein stage.
Israeli AI-powered drug discovery firm Protai as we speak introduced the completion of an $8 million seed financing spherical co-led by Grove Ventures and Pitango HealthTech. The corporate stated that the brand new funding will likely be used to develop its platform, speed up its discovery applications and improve partnerships with pharmaceutical corporations.
Protai, which was solely based final 12 months, has constructed an end-to-end AI-based platform that comprehensively maps the course of a illness on the protein stage, enhancing the flexibility to look at mobile operate and thereby enhancing the best way new medication are found. This strategy permits Protai to extend accuracy in drug discovery and enhance the event course of, considerably saving time and reducing the prices of R&D.
Protai cofounder and CEO Eran Seger stated, “Protai’s platform is sort of a distinctive compass for steering drug discovery. We’re systematically mapping illnesses on the protein stage to create a wholly new layer of practical data which allows us to establish therapeutic and diagnostic targets to raised fight a variety of complicated illnesses.”
Protai claims to have created the world’s largest and most various proteomic database with over 50,000 scientific samples by harmonizing massive scientific datasets, in addition to wholesome samples from numerous organs and indications. This allows Protai to ascertain a baseline to then precisely simulate organic practical processes for quite a lot of illnesses and speed up drug R&D by means of scientific and preclinical levels.
Printed by Globes, Israel enterprise information – en.globes.co.il – on January 5, 2022.
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Portai group Picture: David Karp