Looking to blend AI and human data, Valo Health scores new financing to test drug discovery platform in oncology, beyond
Companies looking to bring machine learning into drug discovery are a dime a dozen, but Boston-based Valo Health believes its proprietary platform could give it a leg up in identifying candidates for a range of therapeutic areas. Now, investors are placing a big down payment to see if Valo is right.
Valo Health, which aims to merge AI with human data to formulate cancer therapeutics and beyond, has closed a $190 million Series B financing round. Valo said the financing will expedite several new therapeutic programs using the company’s novel drug development platform.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.