Bioptimus, a Paris, France-based AI-powered bioscience startup, has emerged from stealth with $35 million in seed funding.
SaaS Investors
The round was led by Sofinnova Partners, with support from Bpifrance Large Venture and global funds like Cathay Innovation. Top tech investors including Xavier Niel have also joined the round.
Founded in 1972, Sofinnova Partners is a venture capital investment firm based in Paris, France. The firm prefers to invest in companies operating in the life sciences sector and primarily focuses on investing in the healthcare and sustainability sectors.
Bioptimus Use of Funds
With the seed funding, Bioptimus is set to build the first universal AI foundation model for biology.
About Bioptimus
Led by Professor Jean-Philippe Vert, Ph.D., Bioptimus is building the first universal AI foundation model in biology to drive advancements in scientific research and biotechnological innovation. The company plans to connect the different scales of biology with generative AI — from molecules to cells, tissues, and whole organisms. Leveraging Owkin's data capabilities and AWS computing environment, Bioptimus plans to differentiate itself through comprehensive data representation. Its mission is to build the first universal AI foundation model for biology to fuel breakthrough discoveries and accelerate innovations in biomedicine and beyond.
Funding Details
Company: Bioptimus
Raised: $35.0M
Round: Seed Round
Funding Month: February 2024
Lead Investors: Sofinnova Partners
Additional Investors: Bpifrance Large Venture, Cathay Innovation, Xavier Niel
Company Website: https://www.bioptimus.com/
Software Category: AI Bioscience
Source: https://siliconcanals.com/news/startups/bioptimus-exits-stealth-mode-with-32m/