Lydia AI

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$1M funding for AI drug discovery for rare diseases and more digital health fundings

By Adam Ang 12:48 pm December 22, 2023

Indian AI drug discovery firm gets $1M to focus on rare diseases Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest. In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation. Cipla raises...

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SPR Therapeutics scores $37M for pain relief tool and other digital health fundings

By Emily Olsen 10:53 am October 19, 2021

Device-maker SPR Therapeutics raised $37 million in a Series D funding round led by Revelation Partners with participation from River Cities Capital and Mutual Capital Partners. SPR plans to use the cash to speed the commercial use of its pain-relief device, the SPRINT Peripheral Nerve Stimulation System, fund clinical studies and invest in new technology. “This additional funding will allow us...