Seed · AI
Potential Sciences secures seed backing for AI chemistry
Sovereign AI and Twin Path Ventures co-lead the British chemistry startup’s seed financing, with Nauta Fund VI among the participants.
Potential Sciences has secured seed financing co-led by the UK government’s Sovereign AI fund and Twin Path Ventures. Backers include Nauta Fund VI and angels Patrick Collison, Chris Gibson and Tim Sadler. The November 5 announcement describes an eight-figure fundraise; the exact amount was not disclosed.
The company is building quantum chemistry software to generate molecular data for AI-driven drug discovery. Sovereign AI will also provide access to UK supercomputers, supporting the computing work behind the models.
Use of funds
Develop physics-based chemistry computation and AI models
Funding history
Seed · This roundUndisclosed