VeriSIM Life,
a San Francisco, CA-based company that is building digital animal and
human simulations to avoid unnecessary drug testing in animals, raised
$5.2M in funding.
The round was co-led by OCA Ventures and Serra Ventures with
participation from Susa Ventures, Intel Capital, Stage Venture Partners,
Village Global, Twin, and Loup Ventures.
The company intends to use the funds to optimize its models through
expanded academic partnerships, grow a team to include talent in the
engineering and operations space, and engage larger pharma institutions.
Led by Dr. Jo Varshney, DVM/PhD, Founder and CEO, a
multi-disciplinary veterinary, along with a team of scientists and
engineers in machine learning and in silico simulation, VeriSIM Life
uses expertise in machine learning and engineering to produce models
that serve as “digital” animals and humans.
The company is now looking to source additional opportunities with more
partnering companies in the biotech and pharma space, inclusive of
medical development impacting both humans and animals. With prior
launches into partnerships and co-development with big companies,
academia and CROs, VeriSIM
Life is now positioned to continue their
proof of concept and fully implement solutions for companies looking to
move from bench to bedside.
Source. FinSMEs, Staff, August 14, 2019
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