Yoneda Labs Raises $4M in Seed Funding to Expand Development Efforts and Build Robotics Lab for AI Chemists
Yoneda Labs Raises $4M in Seed Funding
Yoneda Labs' Seed Funding
Key Highlights:
- Seed Funding: Yoneda Labs, an AI-powered drug discovery startup, raised $4 million in seed funding.
- Investors: Backed by Khosla Ventures, 500 Emerging Europe, 468 Capital, Fellows Fund, and Y Combinator.
- Development Expansion: Funding will be used to expand development efforts, including building a robotics lab for running experiments and training a generalizable AI model for chemists.
Yoneda Labs' Target Market
- Pharmaceutical and Biotech Companies: Targeting companies involved in drug discovery and development, providing AI-powered solutions to enhance chemical manufacturing processes.
- Chemists and Researchers: Offering AI models and tools to assist chemists and researchers in optimizing chemical reactions and improving drug discovery processes.
- Technology and Innovation Enthusiasts: Attracting individuals and organizations interested in the intersection of AI and drug discovery.
What Yoneda Labs Needs to Buy
- Robotics Lab Equipment: Investing in robotics lab equipment to support running experiments and data collection.
- AI and Machine Learning Expertise: Collaborating with AI and machine learning experts to further develop and refine their AI models for chemists.
- Chemical and Research Supplies: Procuring necessary chemicals and research supplies for conducting experiments and training the AI model.
Sorted raises £1.65M in Seed Funding for Recycling Tech
Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.
Funding Amount: £1.65 million
Industry: Software Development
Employee Count: 51-200
CEO: Carmen Carey (CEO Linkedin)
What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.