Strategic · Biotech

Insilico Medicine receives $5m in strategic financing

Menarini Group, Eli Lilly, Tencent and Temasek participated in the financing.

Insilico Medicine received $5 million in strategic financing on February 3. Participants included Menarini Group, Eli Lilly, Tencent and Temasek. The company develops AI-driven drug-discovery technology and oncology treatments.

Funding history

Strategic · This round$5M

Sources

  1. Insilico Medicineprojectstartups.com
  2. prnewswire.com