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Persist AI raises $12 million to fix drug formulation

Summary by The American Bazaar
Startup Persist AI, which launched a cloud lab to accelerate pharmaceutical formulation development, raised $12 million in a Series A funding. Announced on Wednesday, the funding round was led by Spero Ventures with participation from MBX Capital, Shimadzu Future Innovation Fund managed by Global Brain Corporation, Eli Lilly & Company, SignalFire, Ford Street Capital, Purdue Ventures, Good AI Capital, Cartography Capital, Asymmetry Ventures, and…
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The American Bazaar broke the news in on Thursday, May 22, 2025.
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