Absci

Creating Drugs at the Speed of Ai

General Information
Company Name
Absci
Founded Year
2011
Location (Offices)
Vancouver, United States +1
Founders / Decision Makers
Number of Employees
184
Industries
AI, Biopharma, Biotechnology +1
Funding Stage
Series ?
Social Media

Absci - Company Profile

Absci is a generative AI drug creation company that is revolutionizing the biopharma and biotechnology industries. With its slogan "Creating Drugs at the Speed of Ai," Absci combines AI with scalable wet lab technologies to create better biologics for patients, faster. The company's Integrated Drug Creation™ platform unlocks the potential to accelerate time to clinic and increase the probability of success by simultaneously optimizing multiple drug characteristics important to both development and therapeutic benefit. Founded in 2011 and headquartered in the United States, Absci has recently secured a substantial $86.40M Post-IPO Equity investment at 27 February 2024.

Absci's innovative approach allows it to screen billions of cells per week, enabling the transition from AI-designed antibodies to wet lab-validated candidates in as little as six weeks. This streamlined process holds the promise of delivering breakthrough therapeutics at the click of a button, for everyone. As a content writer and startup analyst, it's evident that Absci's disruptive technology and recent investment underscore the confidence and interest from the investment community in its potential to revolutionize drug discovery and development.

Taxonomy: AI drug creation, biologics, Integrated Drug Creation, drug development, therapeutic benefit, AI-designed antibodies, wet lab technology, therapeutics, biotech innovation, pharmaceuticals, medical research

Funding Rounds & Investors of Absci (12)

View All
Funding Stage Amount No. Investors Investors Date
Series ? $20.00M 8 AMD, AGC +2 09 Jan 2025
Post-IPO Equity $86.40M - 27 Feb 2024
Venture Round $125.00M 9 23 Mar 2021
Corporate Round Unknown 1 Merck Global Health Innovation Fund 22 Feb 2021
Series E $70.00M 4 20 Oct 2020

View All 12 Funding Rounds

Similar Companies to Absci

View All
1910 Genetics - Similar company to Absci
1910 Genetics Advancing small and large molecule drug discovery with a multimodal AI platform powered by laboratory automation.
Peptris Technologies - Similar company to Absci
Peptris Technologies AI plays tetris with proteins
Curadev - Similar company to Absci
Curadev Let science do the talking
Accutar Biotech - Similar company to Absci
Accutar Biotech Employ AI to Revolutionize Drug Discovery
Hummingbird Bioscience - Similar company to Absci
Hummingbird Bioscience Hummingbird Bioscience is a precision biotherapeutics company discovering and developing transformative biologics.