MindRank

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

Detailed MindRank Information

Geographic Data

MindRank headquarters map

Address: -

City: Hangzhou

State: zhejiang province

Zip: 310004

Country: CN

Financial Info

Stage:

series a

Raised Last:

$19M

Raised Total:

$7M

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Description

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
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
Announced Date Name Price

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