Owkin is an AI precision medicine company with a vision to find the right drug for every patient.
Owkin is a French-American startup that uses artificial intelligence to find the right treatment for every patient. Our focus is to use AI to discover and develop better treatments for unmet medical needs, starting with the fight against cancer.
They use AI to identify new drug candidates, de-risk and accelerate clinical trials and build diagnostic tools that improve patient outcomes.
Using federated learning, a pioneering collaborative AI framework, Owkin enables medical and biopharma partners to unlock valuable insights from siloed datasets, while protecting patient privacy and securing proprietary data.
Owkin was co-founded by Thomas Clozel MD, a clinical research doctor and former assistant professor in clinical onco-hematology, and Gilles Wainrib, a pioneer in the field of machine learning in biology, in 2016.
Owkin has raised over $255 million and became a ‘unicorn’ – a startup valued at more than $1 billion – in November 2021 through a $180 million investment from French biopharma company Sanofi.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 8, 2022 | Series B | $50M | 1 | Bristol Myers Squibb | — | Detail |
Nov 18, 2021 | Corporate Round | $180M | 1 | Sanofi | — | Detail |
Jul 1, 2020 | Series A | $18M | 2 |
Bpifrance
Mubadala Capital Ventures |
— | Detail |
May 7, 2020 | Series A | $25M | 7 | Bpifrance | — | Detail |
Mar 7, 2019 | Series A | $13M | 5 |
Eight Roads Ventures
F-Prime Capital |
— | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Bristol Myers Squibb | Yes | Series B |
Sanofi | Yes | Corporate Round |
Bpifrance | Yes | Series A |
Mubadala Capital Ventures | Yes | Series A |
Otium Capital | Yes | Series A |
Cathay Innovation | — | Series A |
Eight Roads Ventures | — | Series A |
F-Prime Capital | — | Series A |
GV | — | Series A |
MACSF | — | Series A |