The grant will support the development of the CUOREMA project with international collaborators.
"We are thrilled to be partnering with such talented and diverse teams on this innovative and important project over the next few years. Each organisation brings a very unique perspective to the table, allowing for a thoughtful and comprehensive approach to tackling heart health. I am extremely passionate about digital health and this has the potential to change many lives for the better, helping us transform cardiac rehabilitation for patients across Europe."
The funding round was led by Maven Capital Partners via the Northern Powerhouse Investment Fund to support technology development and team expansion.
"The time is right to accelerate our growth and invest across the business in our proven technology solutions to expand their take-up and unlock new A.I applications,"
The financing was led by SoftBank Vision Fund 2 with participation from Novo Holdings and Blackrock to expand the proprietary drug pipeline.
"We believe Exscientia’s innovative use of AI to discover and design better quality drugs with greater efficiency has the potential to create important medicines faster than ever before. With the convergence of technology and biology, drug discovery is rapidly evolving in ways that will reshape the industry. The Exscientia team have been leaders in AI-based drug discovery since the field’s inception and we believe they will continue shaping its future."
— Eric Chen, Managing Partner of SoftBank Investment Advisers
The oversubscribed round brings total funding to £330k for the workplace platform.
"We continue to see companies embracing new ways of working and hence increasing the demand for flexible and on-demand workspace. Tally Market’s platform does an amazing job of connecting companies and their employees with a great range of spaces across the UK. I’m excited to invest in Tally Market, and look forward to seeing the product, team, and market scale"
SFC Capital led the pre-seed round, which will fund app development and team expansion.
"We are really excited to join the SFC Capital portfolio. With an amazing team building the product in house, it’s such a boost to gain the support from one of the most recognisable names in the early-stage VC space. We are looking forward to combining our ambitions with their start-up expertise to take the business to the next level. Our vision is to become the go-to property discovery platform for a digitally native audience."
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