Exscientia completes Series C financing round with BlackRock funds

Exscientia, a clinical stage pharmatech pioneering the use of artificial intelligence (AI) to design new drugs, today announced that funds managed by BlackRock joined the Company’s Series C investment round. The existing Series C investors also include Novo Holdings, Evotec, Bristol Myers Squibb, and GT Healthcare Capital.

This new capital will be used to support Exscientia’s platform development towards autonomous drug design. In addition, the company will extend its proprietary pipeline into clinical trials and expand existing capabilities in biological analytics that support target selection and portfolio development.

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