M12 co-led a $22m series A round for the drug discovery technology developer with Playground Global, and both investors have taken board seats.

US-based drug development technology developer 1910 Genetics emerged from stealth yesterday having completed a $22m series A round featuring software producer Microsoft’s corporate venturing unit, M12.

Venture capital firm Playground Global co-led the round, which followed a $4.1m seed round led by Sam Altman and backed by fellow angel investors including Tuck Lye Koh as well as FoundersX Ventures, Y Combinator, Scientia Ventures and Emles Advisors.

Founded in 2018, 1910 has developed technology that applies artificial intelligence to the development…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?