PharmEnable Therapeutics

Harnessing the power of chemical novelty, diversity and 3-dimensionality to develop innovative small molecule drugs

General Information
Company Name
PharmEnable Therapeutics
Founded Year
2016
Location (Offices)
Cambridge, United Kingdom +1
Founders / Decision Makers
Number of Employees
21
Industries
Biotechnology, Life Sciences, Pharmaceutical
Funding Stage
Seed
Social Media

PharmEnable Therapeutics - Company Profile

PharmEnable is a biopharmaceutical company based in Cambridge, UK, founded in 2016. The company's slogan "Harnessing the power of chemical novelty, diversity and 3-dimensionality to develop innovative small molecule drugs" reflects its focus on utilizing AI to discover effective small-molecule medicines for disease targets that are inaccessible to antibodies. PharmEnable's proprietary AI-enabled drug discovery platform, chemSEEK, enables the exploration of new chemical spaces and the discovery of novel small molecules with antibody-like specificity and selectivity. With an initial focus on oncology and neurology, PharmEnable is developing a pipeline of wholly owned therapeutics. Besides, the company engages in drug discovery partnerships across a range of disease areas where accessing the target poses a significant challenge. As a spinoff of the University of Cambridge, it benefits from its academic roots. In May 22, 2023, PharmEnable successfully secured a £6.00M Seed Round investment from a group of notable investors, including Parkwalk Advisors, Martlet Capital, MP Healthcare Venture Management, Wren Capital LLP, o2h Ventures, University of Cambridge Enterprise, Jonathan Milner, Arrowfield Capital, Heyford Trust. This investment indicates confidence from experienced investors in the company's innovative approach and potential in revolutionizing small molecule therapeutics through AI. To learn more about PharmEnable, visit their website at pharmenabletx.com and connect with them on LinkedIn.

Taxonomy: biopharmaceutical company, AI-enabled drug discovery, small-molecule medicines, chemical novelty, 3-dimensionality, oncology therapeutics, neurology therapeutics, antibody-like specificity, University of Cambridge spinoff, pharmaceutical partnerships, chemical starting points, novel small molecules, drug discovery platform, therapeutic pipeline, Cambridge-based company

Funding Rounds & Investors of PharmEnable Therapeutics (4)

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Funding Stage Amount No. Investors Investors Date
Seed Round £6.00M 9 University of Cambridge Enterprise, Jonathan Milner +2 22 May 2023
Seed Round £1.80M 1 University of Cambridge Enterprise 30 Jun 2020
Seed Round £1.50M - 28 Apr 2020
Non Equity Assistance Unknown - 13 Oct 2017

Latest News of PharmEnable Therapeutics

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