Khosla Ventures is a venture capital firm focusing heavily on artificial intelligence and early-stage startups. Founded two decades ago, it is known for backing major industry players such as OpenAI.
The Series A round will fund the continued development of the company platform for hard-to-drug targets.
"We are advancing this technology and its application to the hit discovery, hit-to-lead and lead optimization processes of small molecule drug discovery."
The Series A round was led by Khosla Ventures with backing from Episode 1 and Entrepreneur First.
"We invested in Mimica because the founding team has a terrific combination of deep technical expertise in building AI systems, and a thorough understanding of the challenges faced by an enterprise when managing processes."