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Converge Bio Raises $5.5M to Accelerate Drug Discovery with GenAI –

The Owner Press by The Owner Press
November 27, 2024
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What You Ought to Know:

– Converge Bio, a generative AI platform for accelerated drug discovery and growth, as we speak introduced it has raised $5.5 million in seed funding, led by TLV Companions.

– Converge Bio’s platform makes use of massive language fashions (LLMs) skilled on organic and chemical knowledge (DNA, RNA, protein sequences, and small molecules) to assist biotech and pharmaceutical corporations uncover and develop better-performing medicine in much less time. 

Converge Bio: Advancing Biotech and Pharma with Generative AI

Based in 2024, Converge Bio leverages cutting-edge scientific and technical experience to revolutionize drug discovery and growth.

  • Management Workforce:
    • Dov Gertz, CEO: Holds a grasp’s in bioinformatics from Tel Aviv College, the place he developed a machine studying pipeline to uncover novel CRISPR programs, leading to a publication with Nobel laureate Jennifer Doudna.
    • Oded Kalev, CTO: An completed machine studying skilled, Kalev beforehand led a 20-member R&D crew on the cybersecurity agency Notion Level.
  • Mission and Innovation:
    Converge Bio is a generative AI hub for Biotech and Pharma, specializing in the accelerated discovery and growth of therapeutics utilizing massive language fashions (LLMs). Their platform:
    • Contains a library of foundational fashions masking organic languages, simply customizable for particular purposes through a proprietary knowledge enrichment pipeline.
    • Presents AI-driven options akin to:
      • Engineering antibodies for enhanced specificity and fewer unintended effects.
      • Figuring out novel drug targets.
      • Designing mRNA vaccines optimized for sturdy immune responses.
  • Strategic Partnerships:
    Converge Bio collaborates with main pharmaceutical corporations, together with Teva, in addition to progressive drug discovery corporations like Compugen and BiomX.

By harnessing generative AI, Converge Bio goals to rework the way forward for biotechnology and pharmaceutical innovation.

Generative AI has emerged as a strong instrument for drug discovery and growth, with dozens of AI-discovered drugspresently in medical trials. “Organic languages, like DNA and RNA, aren’t simply random sequences — they’ve intricate buildings and guidelines, much like the grammar and syntax of spoken languages,” stated Dov Gertz, co-founder and CEO of Converge Bio. “Identical to how ChatGPT can immediately generate a string of phrases to reply a query, a mannequin skilled on organic knowledge may help quickly design optimized mRNA sequences for vaccines, slicing months or years from the method.”



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Tags: 5.5MAccelerateBioConvergeDiscoveryDrugGenAIRaisesThe School of Tech
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