Biotech startup immunitoAI raises $1M in seed round led by pi Ventures - (YourStory via NewsPoints Desk)

  • immunitoAI, a biotech startup that is developing an artificial intelligence (AI)-based antibody discovery and screening platform, announced that it has raised $1 million in a seed round, as reported YourStory.

  • The funds raised will be used for product development and industry partnerships.

  • CEO Aridni Shah said that "our vision is to make antibody therapy a norm with the help of our technology. We plan on using this seed funding to develop our AI products and validate the predictions through biological experiments."

  • The focus is on antibody screening and improvement in the short term, but the startup plans to develop their own antibody candidates in the mid and long term.

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