MindRank is a developer of an AI-enabled drug-discovery platform intended to discover and develop next generation precision medicines.
Business Model:
Revenue: $0
Employees: 11-50
Address: -
City: Hangzhou
State: zhejiang province
Zip: 310004
Country: CN
MindRank (www.mindrank.ai) is an AI-driven biotech company with focus on “Undruggable” targets. The company started operations in 2021 and now consists of 35 scientists with R&a;D center in China and UK. The company is led by academicians of the British Royal Society, former R&a;D scientists from top pharma companies and the global AI competition winners. The team has successful experience in drug R&a;D and have a large number top publications including Nature Biomedical Engineering, Nature Machine Intelligence, Patterns (Cell Press) etc. By leveraging its proprietary AI driven drug discovery platform, MindRank has delivered a small molecule Preclinical Candidate (allosteric inhibitor) to a listed biotechnology company in Sept 2021. In Jan 2022, MindRank begins IND-enabling studies of its proprietary AI-designed drug (Class B GPCR), 8 months after program initiation. Both of the small molecule drugs are expected to enter clinical phase in 2022.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2021 | Seed Round | 1 | $7M |
Sherpa Venture Capital Sherpa Venture Capital |
12/2021 | Series A | 3 | $19M |
Green Pine Capital Partners Huagai Capital Sherpa Venture Capital Green Pine Capital Partners Huagai Capital Sherpa Venture Capital |
6/2021 | Angel | $7M |
Sherpa Medical Fund |
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