UK drug discovery startup LabGenius, which uses machine learning to find and design antibody therapies to treat cancer, has raised a £35m Series B led by the VC arm of pharma company Merck, M Ventures, with participation from Octopus Ventures, LG Corp, Atomico, Kindred Capital, Lux Capital and Obvious Ventures. The investment brings LabGenius’s total funding to date to £58m.
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