Tech Company Financing Transactions

Variational AI Funding Round

On 11/22/2021, Variational AI secured $3.5 million in Seed funding from A&E Investments, Alliance of Angels and Flying Fish Partners.

Transaction Overview

Company Name
Announced On
11/22/2021
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors

A&E Investments (Lead Investor)

Alliance of Angels (Lead Investor)

Flying Fish Partners (Lead Investor) (Frank Chang)

private investors (Amarjit Gill)

private investors (Lip-Bu Tan)

Proceeds Purpose
The seed funding will enable Variational AI to accelerate existing discovery programs for COVID-19, cancer and other disease areas.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
577 Great Northern Way 210
Vancouver BC, V5T 1E1
Canada
Email Address
Overview
Founded in September 2019, we are a team of experienced AI/machine learning and business specialists applying state of the art generative AI to drug discovery in close collaboration with biopharmaceutical partners to bring new therapeutics to market across disease areas and positively impact lives.
Profile
Variational AI LinkedIn Company Profile
Social Media
Variational AI Company Twitter Account
Company News
Variational AI News
Facebook
Variational AI on Facebook
YouTube
Variational AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Handol Kim
  Handol Kim LinkedIn Profile  Handol Kim Twitter Account  Handol Kim News  Handol Kim on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/22/2021: EasyHealth venture capital transaction
Next: 11/22/2021: MindX venture capital transaction

 

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