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Glasgow university spinout raises $43mn to ‘digitise chemistry’

Chemify’s technology aims to remove bottleneck of producing molecules in the lab
Chemify chief executive Professor Lee Cronin says he aims to ‘build an institute to discover the origin of life’

A spinout from Glasgow university has raised $43mn to “digitise chemistry”, using a computing process that runs continuously from designing new molecules with artificial intelligence to making them in an automated lab.

Chemify was spun out in March 2022 by Professor Lee Cronin and colleagues in Glasgow’s Digital Chemistry Laboratory. The funding includes $34mn from venture investors led by Triatomic Capital in the US, as well as $9mn from the UK government’s Innovation Accelerators programme.

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