BenchSci inks multi-year partnership with Mila to develop AI for drug discovery

BenchSci inks multi-year partnership with Mila to develop AI for drug discovery

Toronto-based BenchSci has teamed up with Montréal’s AI research centre Mila to build artificial intelligence (AI) systems that can automatically create new scientific hypotheses and forecast the outcome of drug-related tests before they are conducted. BenchSci and Mila say this work could mark “a major step” on the path to autonomous drug discovery. Together, the…

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Ex-BenchSci exec joins Terminal as COO

Ex-BenchSci exec joins Terminal as COO

Toronto-based, Y Combinator-backed Terminal has made its first chief operating officer (COO) hire as the telematics startup prepares to move from startup to scaleup status.  Eran Ben-Ari is joining the startup after working since 2021 as chief platform officer, and later COO, at Toronto-based life sciences scaleup BenchSci.  Ben-Ari plans to bring his experience leading…

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Vistara Growth closes 1-million USD fund after “friend-raising to the max”

Vistara Growth closes $321-million USD fund after “friend-raising to the max”

Vancouver-based Vistara Growth has closed its fifth private credit fund at $321 million USD ($450 million CAD), ending a nearly two-year fundraising process and freeing up the firm to focus its efforts exclusively on backing mid- and later-stage tech companies. While Vistara fell shy of its initial, “pretty ambitious” $386-million USD ($540-million CAD) target, the…

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