Valence Discovery
AcquiredAI drug discovery with graph neural networks
Montréal, Canada · Founded 2018 · $25.0M raised
- Headquarters
- Montréal, Quebec
- Founded
- 2018
- Business Model
- B2B
- Website
- valencediscovery.com
- Total Funding
- $25.0M
- Last Round
- $16.5M Series AMay 2022
- Rounds
- 2
About
Montreal-based AI drug discovery company (acquired by Recursion Pharmaceuticals in May 2023 for $47.5M USD). Valence Labs, the rebranded research engine, develops graph neural network (GNN) foundation models for molecular property prediction and drug discovery. The company built MolGPS, a 3-billion parameter GNN model trained on 5+ million molecules, achieving state-of-the-art performance on ADMET (absorption, distribution, metabolism, excretion, toxicity), binding prediction, and molecular design benchmarks.
Summary
Valence Discovery is an Artificial Intelligence company based in Montréal, Canada, founded in 2018. It has raised $25.0M in total across 2 rounds, most recently a $16.5M Series A round in May 2022. Investors include Air Street Capital, Jonathan Milner and Fifty Years.
Tech & App Stack
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Funding History
May 2022
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