New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Startups & Leaders

Vancouver Startup Nets $40M to Marry the Power of Cryo-EM and AI

New York Tech Editorial Team by New York Tech Editorial Team
February 1, 2022
in Startups & Leaders
0
Vancouver Startup Nets $40M to Marry the Power of Cryo-EM and AI
Share on FacebookShare on Twitter

Vancouver_Frank Crymble, Getty Images

Vancouver City Stanley Park Skyline_ Courtesy Frank Crymble, Getty Images

Marrying the powerful imaging capability of cryo-electron microscopy to the clever bride of AI, Vancouver startup Gandeeva Therapeutics now has $40 million to fund the honeymoon. 

The union has one primary goal – speed up discovery and development to get effective drugs to patients sooner. 

“For decades, we have known that understanding the language by which proteins are folded and function in the native context of the cell is fundamental to deciphering biology. Altered protein function is implicated in nearly every disease,” said Dr. Sriram Subramaniam, founder and CEO Gandeeva. 

Previous approaches to studying the body’s building blocks have utilized X-ray crystallography. But the process is burdensome and inefficient in that the scientist has to pack the proteins together into a crystal to approximate shape and size with X-ray beams. Some molecules are unable to be crystallized or are changed by the process. 

Cryo-Em solves these cumbersome speed bumps. Instead of crystallization, the technique requires simply flash-freezing solutions of proteins and shooting them with electrons to produce microscopic images that can reconstruct the 3D shape of the molecule. 

Understanding a protein’s shape is essential as it determines how it behaves. Gandeeva’s CEO Subramaniam proved his point when his team unveiled atomic-level images of the Omicron variant spike protein of SARS-Cov-2. The analysis revealed how the changes to the protein help it evade antibodies to spread more effectively through the globe, despite vaccination and previous infection. 

With the power of AI by its side, Gandeeva believes that these high-res pictures combined with AI that can predict how proteins fold will be the ticket to finding the suitable targets for making a true impact on treating disease. By chasing the correct targets, he hopes to avoid the pitfalls and dead ends that often occur in drug R&D. 

Currently, in a six-year-leased facility outside Vancouver, the initial focus is to build out the functionality of Gandeeva’s platform. The biotech hasn’t revealed initial disease focus just yet, but oncology could be the firstborn. 

Subramaniam spent the bulk of his career working for the NIH as chief of biophysics at the National Cancer Institute. He left there to pursue his cryo-EM platform dreams at the University of British Columbia, where he became Chair of Cancer Drug Design. 

Gandeeva’s Series A was led by Lux Capital and LEAPS by Bayer. LEAPS has been busy announcing two other startup investments over the past week. Bayer‘s investment arm played a role in Megagenomi’s $175 million Series B round last Tuesday and helped lead the $80 million Series A for Cellino Biotech. The former uses AI to make next-gen gene editing therapeutics, while the latter is focused on stem cell-based regenerative therapies. 

Credit: Source link

Previous Post

Texas robotics company makes splash in Hollywood with cutting-edge cinema robots

Next Post

Gmail’s new integrated layout will take over inboxes soon

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Gmail’s new integrated layout will take over inboxes soon

Gmail’s new integrated layout will take over inboxes soon

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
man sitting with legs crossed

Upwind’s $400M Series C Follows Fourfold Revenue Growth and a Jump to a $3.8B Valuation

October 28, 2026
Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

October 22, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

October 13, 2026
man ordering at a drive thru

Accents, Engine Noise and “No Pickles”: Inside the Hardest Job in Voice AI

October 4, 2026
Essential Car Care Tips for Better Performance and Longer Life

Essential Car Care Tips for Better Performance and Longer Life

October 1, 2026
EB1A graphic design

EB1A Experts Surpasses 330+ Approvals Milestone Amid Rising 2026 EB-1A Approval Rates

September 30, 2026

Recommended

man sitting with legs crossed

Upwind’s $400M Series C Follows Fourfold Revenue Growth and a Jump to a $3.8B Valuation

October 28, 2026
Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

October 22, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

October 13, 2026
man ordering at a drive thru

Accents, Engine Noise and “No Pickles”: Inside the Hardest Job in Voice AI

October 4, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs AI security Automat-it AWS B2B marketing Bloom Security Business CISO CISO Whisperer Collaborations Cybersecurity Drive-Thru Enterprise AI Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement Hi Auto HumanX Impala Investing Investors investorsummit israelitech Mate Security Mindset Minnesota omri hurwitz Perion PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Upwind Security VC venture capital
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media