Envisagenics Raises Series A Financing to Scale Its AI-powered RNA Splicing Drug Discovery Platform
Dynamk Portfolio Company, Envisagenics, an Artificial Intelligence-driven biotechnology company focused on the discovery and development of novel RNA splicing therapeutics, secured Series A financing to scale its drug discovery platform and biopharmaceutical partnerships. Red Cell Partners led the financing, which included investments from Microsoft’s M12, Madrona Venture Group, Third Kind Venture Capital, Dynamk Capital, and Empire State Development’s venture capital arm, New York Ventures.
Envisagenics’ research and development focuses on diseases that are caused in part by RNA splicing deregulation and have patient populations with significant unmet needs. Its principal proprietary technology, the SpliceCore® discovery platform, re-envisions the human genome through the lens of a validated, exon-centric approach combined with Machine Learning algorithms and high-performance computing