Mmastodon BusinessBusiness first seen 1 h ago, last 51 min ago, peak #1
Basecamp Research raises $140M to map biodiversity for drug discovery
Original: UK-based Basecamp Research raised $140M to map global biodiversity for drug discovery. By training AI on genetic data fr
UK-based Basecamp Research has raised $140 million to build one of the world's largest maps of global biodiversity for drug discovery. The company trains AI on genetic data from unexplored organisms to help design new therapies. Observers note the funding scales up its work, but questions remain over proving safety in humans and ensuring fair benefit-sharing with countries that supply genetic material.
Why now: The large funding round for an AI-driven biotech exploring untapped biodiversity has drawn attention to both its drug discovery promise and ethical concerns.
Basecamp ResearchUnited Kingdom
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