BusinessNewsStartup

Ahammune Biosciences Secures $5 Million in Series A Funding to Advance Treatments for Skin Diseases

Pune-based biotech startup Ahammune Biosciences has successfully raised $5 million in Series A funding, led by pi Ventures, to further its mission of developing innovative treatments for skin diseases. Other participants in the funding round included Capital2B, Colossa Ventures, Bipin Agarwal, Unicornus Maximus LLP, and existing investors such as Ideaspring Capital, Kotak Alternate Assets, Legacy…
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BusinessNewsStartup

OpenAI and Thrive Capital Invest $30M in AI Drug Discovery Startup Chai Discovery

Chai Discovery, a nascent AI-driven biology startup, has secured nearly $30 million in funding from prominent investors Thrive Capital and OpenAI. Founded just six months ago, Chai aims to revolutionize drug discovery by utilizing AI to predict the structure of biochemical molecules and manipulate their interactions, a critical step in developing new medications. Joshua Meier, the company’s…
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