News
Funding for AI-supported protein development: Berlin-based startup Provolut secures €2 million from AIX Ventures and Atlantic Labs.
Provolut secures €2 million in funding from AIX Ventures and Atlantic Labs, targeting the cumbersome and costly protein development process across various industries. Leveraging AI, Provolut rapidly identifies optimal proteins from vast datasets, accelerating reactions and performance. Our approach surpasses traditional methods like Directed Evolution. CEO Dr. Ingmar Schuster foresees Provolut revolutionizing chemical development akin to past computational advances. Richard Socher, AI expert and AIX Ventures founding partner, anticipates Provolut’s blend of biochemical expertise and advanced algorithms will swiftly deliver top-tier protein development solutions.
Read full article here: https://www.goingpublic.de/life-sciences/finanzierung-fuer-ki-gestuetzte-proteinentwicklung/
GOING PUBLIC, 19. Mai 2023
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