Glasgow firm Chemify raises £33m to 'digitise' chemistry

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Glasgow firm Chemify raises £33m to 'digitise' chemistry
Danmark Seneste Nyt,Danmark Overskrifter
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Chemify aims to speed up new drug development by automating the process of designing molecules.

The funding round, led by US-based Triatomic Capital, attracted new investors including Hong Kong and US-based venture capital firms and the UK government's Innovation Accelerators programme. Scottish investment firm Eos is also among the investors.

Founder and chief executive Lee Cronin devised a process known as "chemputation" - the chemical equivalent of a computer - which includes a programme and a robot.He explained that it allowed the company to carry out simulations in virtual reality "before we actually do the chemistry for real".

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