“Valo Health, a Boston-based company that leverages advanced technology to scrutinize clinical data and predict the likelihood of molecules being used in drugs, has raised an impressive $300 million in Series B funding. This exciting development underscores Valo’s commitment to revolutionizing drug discovery through cutting-edge AI-powered tools. As we delve deeper into this story, it’s clear that Valo is poised to make a significant impact on the pharmaceutical industry – read on for more!”
Valo Health
Valo Health, a Boston-based startup that uses clinical data to identify potential drug targets, has raised $300M in Series B funding. The round was led by F-Prime Capital Partners, with participation from Valo’s existing investors including Polaris Partners, RA Capital Management, and BridgeBio Pharma.
This latest financing will be used to support the company’s continued development of its software platform and to expand its sales and marketing efforts. Valo Health was founded in 2016 by a team of scientists and engineers from MIT, Harvard, and Stanford with the goal of using data to accelerate the drug discovery process.
The company’s software platform ingests clinical data and identifies molecules that are likely to be druggable. Valo’s machine learning algorithms then predict which of these molecules are most likely to succeed in clinical trials. This information is used to prioritize target molecules for drug development programs.
To date, Valo Health has raised a total of $300M in venture funding. This latest round brings the company’s total funding to $300M.
Wichita Business Journal
Valo Health, a Boston-based startup that uses clinical data to identify potential drug molecules and predict their chances of success, has raised $300M in Series B funding. The round was led by New Enterprise Associates, with participation from previous investors Polaris Partners, F-Prime Capital, and Mass Ventures.
This latest infusion of cash brings Valo’s total funding to $300M million since it was founded in 2016. Valo will use the new funds to continue building out its technology platform and expanding its team of data scientists and engineers.
Valo’s platform is designed to help pharmaceutical companies speed up the drug development process by providing them with a more efficient way to screen for promising molecules. The company’s algorithms analyze data from a variety of sources, including public databases, scientific literature, and clinical trials. By doing so, Valo can identify patterns that may indicate which molecules are most likely to be successful drugs.
In addition to its Series B funding, Valo has also been awarded a grant from the National Institutes of Health (NIH) to support its work on developing predictive models for early-stage drug discovery.
Boston-based Valo Health
Valo Health, a Boston-based startup that uses machine learning to analyze clinical data and identify potential new drugs, has raised $300M in Series B funding. The round was led by New Enterprise Associates, with participation from 8VC, GV, and Valo’s existing investors — F-Prime Capital Partners, Polaris Partners, and RA Capital Management.
This brings Valo’s total funding to $300M million to date. The company plans to use the new capital to expand its team of data scientists and engineers, as well as bolster its sales and marketing efforts.
Founded in 2016, Valo Health has developed a platform that it says can help pharmaceutical companies speed up the drug development process by making it easier to identify potential new drugs and target molecules for further study.
The company’s technology is based on a database of more than 10 million pieces of public clinical data, which it has used to train its machine learning algorithms. Once trained, the algorithms are then able to scan through new data sets and identify patterns that could indicate the presence of a previously unidentified drug or molecule.
Valo Health says that its platform can be used to predict the chances of success for any given molecule in the early stages of drug development, which could help pharmaceutical companies save time and money by avoiding costly clinical trials for molecules that are unlikely to succeed.
In addition to its work with pharmaceutical companies, Valo Health is also working on developing direct-to-consumer applications for
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$300M Series B Daniel McCoy
-Valo Health, a Boston-based startup that uses clinical data to recognize molecules and predict their chances for use in drugs, has raised $300M in Series B funding.
-The round was led by Daniel McCoy of the Wichita Business Journal, with participation from other investors.
-This brings Valo Health’s total funding to $600M.
Valo Health plans to use the new funding to continue its work on developing predictive models for drug development, as well as expanding its sales and marketing efforts. The company says that its technology can help speed up the drug development process and make it more efficient.
In addition to its Series B funding, Valo Health has also received grant funding from the National Institutes of Health (NIH) and the Bill & Melinda Gates Foundation.
Valo Health is a Boston-based company that specializes in clinical data
Valo Health is a Boston-based company that specializes in clinical data. The company uses data to recognize molecules and predict their chances for use in drugs. Valo Health has raised $25 million in Series B funding. The funding was led by LifeArc, with participation from existing investors Polaris Partners and F-Prime Capital.
The company has raised $300 million in Series B funding
Valo Health, a Boston-based company that uses clinical data to identify potential drug targets, has raised $300 million in Series B funding. The round was led by Temasek and joined by previous investors such as Fidelity Investments, GV, and Polaris Partners.
This brings Valo’s total funding to $425 million and values the company at $2.3 billion. The new funding will be used to expand Valo’s platform and data science capabilities, as well as to build out its team of scientists and engineers.
Founded in 2016, Valo has developed a platform that uses machine learning to examine clinical data sets and identify molecules with the potential to be developed into drugs. The company then uses this information to predict how likely these molecules are to succeed in clinical trials.
To date, Valo has helped pharmaceutical companies develop more than 20 drugs that are currently in clinical trials. This includes treatments for cancer, Alzheimer’s disease, and Parkinson’s disease. Valo is also working on developing its own drugs internally.
Valo Health plans to use the funding to expand its team and continue its mission of helping to predict which molecules will be effective in drugs
Valo Health plans to use the funding to expand its team and continue its mission of helping to predict which molecules will be effective in drugs. The company will also continue to work on its software platform, which it says can help identify new drug targets and improve the efficiency of clinical trials.
Daniel McCoy is the Wichita Business Journal’s Editor-in-Chief
1. Daniel McCoy is the Wichita Business Journal’s Editor-in-Chief and has been with the publication for over 10 years. He oversees all editorial content and manages a team of reporters who cover business news in the Wichita area.
2. Valo Health, a Boston-based startup that uses machine learning to examine clinical data and predict which molecules are most likely to be successful drugs, has raised $300M in Series B funding.
3. The company will use the new funding to expand its team and continue building its technology platform.
4. Valo Health was founded in 2016 by Dr. Andrew Trister, a former Partner at Third Rock Ventures, and Dr. David Kalt, a serial entrepreneur who previously founded the music streaming service Pandora Radio.
