Chinese pharmaceutical tech firm XtalPi nets $319m in Series C round

Chinese pharmaceutical tech firm XtalPi nets $319m in Series C round

XtalPi integrates quantum physics and AI to create computational drug discovery and development applications that accurately predict important drug properties of small molecules. Source: XtalPi

XtalPi Inc, a Chinese pharmaceutical firm that uses artificial intelligence (AI) to accelerate the development of new drugs, announced on Monday that it has garnered $318.8 million in a Series C round of financing.

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