CEO Jian Ma (XtalPi)

Af­ter at­tract­ing mul­ti­ple Chi­nese phar­ma part­ners, XtalPi grabs an­oth­er $400M to re­fine AI for drug dis­cov­ery

Build­ing the kind of ar­ti­fi­cial in­tel­li­gence in­fra­struc­ture re­quired to make a dent in drug dis­cov­ery takes re­al mon­ey — mon­ey that in­vestors have been hap­py to lav­ish. Big play­ers, or emerg­ing ones flush with cash, are now pop­ping up on the map in every di­rec­tion you look: Ex­sci­en­tia in Ox­ford, UK; Daphne Koller’s in­sitro in San Fran­cis­co; Re­cur­sion in Utah; Deep Ge­nomics in Toron­to; and In­sil­i­co in Hong Kong.

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