医療従事者の為の最新医療ニュースや様々な情報・ツールを提供する医療総合サイト

TandemAI Announces $25 Million Seed & Pre-series A Financing Led by OrbiMed and Chengwei Capital

2021年12月22日 PM09:08
このエントリーをはてなブックマークに追加


 

SUZHOU, China & SHANGHAI

TandemAI today announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations. The company will tightly integrate the computational platform with wet labs for biophysics, medicinal chemistry, and biology in order to accelerate the design and optimization of drug candidates for partners. The round was led by OrbiMed and Chengwei Capital.

“Advances in artificial intelligence tools rooted in rigorous biophysics represent a new frontier in drug discovery,” said David Wang, M.D., Ph.D., Senior Managing Director and Partner at OrbiMed, who will also join the company’s Board of Directors. “TandemAI has assembled an outstanding core team to leverage this opportunity with a vision for creating a new drug discovery engine that is based on accurate quantum mechanics, large scale experimental data, and artificial intelligence.”

“The investments by OrbiMed and Chengwei Capital, both leading venture firms, are strong votes of confidence in our strategy, business model, and team,” said Jeff He, MBA, co-founder, and CEO of TandemAI. “The funds will accelerate our expansion and enable us to attract the best talent for our platform and discovery operations.”

TandemAI’s co-founders bring deep experience and exceptional track records in building, leading, and financing innovative drug discovery and development organizations. Mr. He has more than 20 years of experience in senior business leadership roles at companies, including most recently at HiFiBiO, where he served as co-founder and COO, and Harbour BioMed, where he was a co-founder and CFO. Wei Tang, Ph.D., TandemAI’s COO, was previously the CEO of Shanghai ChemPartner and a member of its board of directors. Before joining ChemPartner, he served at Merck in several senior research roles, with his latest position as a Distinguished Senior Investigator.

TandemAI is rapidly setting up state-of-the-art wet labs and high-performance computing clusters in China.

About OrbiMed

OrbiMed is a leading healthcare investment firm, with over $17 billion in assets under management. OrbiMed invests globally across the healthcare industry through a range of private equity funds, public equity funds, and royalty/credit funds. OrbiMed’s team of over 100 professionals is based in New York City, San Francisco, Shanghai, Hong Kong, Mumbai, Herzliya, and other key global markets. www.orbimed.com

About Chengwei Capital

Founded in 1999, Chengwei Capital is one of the world’s leading evergreen funds. Over the past 20 years, Chengwei has been involved in high-end manufacturing, Internet, semiconductor, corporate services, biotechnology, and other areas. Its cumulative total investment exceeds $2 billion U.S. dollars with more than 100 invested companies. Chengwei is based in Shanghai with offices globally. www.chengwei.com

About TandemAI

TandemAI is an advanced technology company dedicated to reinventing drug discovery infrastructure. The company integrates proprietary AI-driven, high-performance computation with its efficient, large-scale in-house wet lab operations to deliver a turnkey drug discovery solution. TandemAI has built its networked platform from the ground up in China to increase the speed of drug discovery and deliver cost-effective opportunities to its partners and to the global scientific community. Learn more at www.tandemai.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20211221005820/en/

CONTACT

Jeff He

CEO

j.he@tandemai.com

Robert Gottlieb

RMG Associates, LLC

Robertmg52@gmail.com

Related Posts Plugin for WordPress, Blogger...

同じカテゴリーの記事 

  • Sonoma Pharmaceuticals Announces Expansion of its Partner Network for Oral and Dental Products in the U.S. and China
  • 知临集团用于治疗神经母细胞瘤的再利用药物 SACT-1 获得FDA孤儿药资格
  • シャーロット・ディーン教授がバイオ医薬品AI担当主任科学者としてエクセンシアに参加
  • Charlotte Deane教授加入Exscientia,担任生物制剂人工智能首席科学家
  • Elpiscience Announces First Patient Dosed in US Phase I Clinical Trial of Anti-CD39 Monoclonal Antibody ES002 for Treatment of Advanced Solid Tumors