Tech Company Financing Transactions
Phenomic AI Funding Round
On 10/9/2020, Phenomic AI raised $6 million in Seed investment from CTI Life Sciences Fund, AV8 Ventures and Cantos Ventures.
Transaction Overview
Company Name
Announced On
10/9/2020
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Proceeds Purpose
The proceeds of the financing will support preclinical studies for two validated cancer drug targets discovered with the company's platform as well as discover and advance additional drug targets into the company's pipeline.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
661 University Ave. MaRS Centre West Tower 1300
Toronto ON, M5G 0B7
Canada
Toronto ON, M5G 0B7
Canada
Phone
Undisclosed
Website
Email Address
Overview
At Phenomic, we are pioneers in using advanced machine learning tools for processing imaging and RNA sequencing data. By leveraging these tools to deconvolute the effects of target inhibition on single-cells in complex models, we are able to rapidly identify and target novel cell-cell interactions that are driving the disease, and map results back to human biology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Cooper
Chief Operating Officer
Arif Jetha
Chief Scientific Officer
Michael Briskin
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