Deep Apple Therapeutics Secures $52 Million in Series A Investment Round

In a groundbreaking move, San Francisco-based innovator Deep Apple Therapeutics has secured a substantial $52 million in Series A funding, marking a significant leap forward in the realm of small molecule therapeutics.

This funding injection, spearheaded by leading investment force Apple Tree Partners, propels Deep Apple Therapeutics on a trajectory of growth and intensified development efforts.

Under the guidance of founding CEO Spiros Liras, PhD, the company is set to expand its operations, pushing the boundaries of drug discovery through cutting-edge technology.

Deep Apple Therapeutics stands at the forefront of innovation, utilizing a powerful discovery engine that seamlessly integrates ensemble cryo-EM, deep learning, and molecular docking screens.

This amalgamation allows for the swift transition from target identification to lead optimization in less than 12 months, a feat unimaginable with conventional discovery approaches.

The company’s focus on exploring biological target signaling, typically elusive to traditional methods, sets it apart in the competitive landscape.

The versatility of Deep Apple’s discovery engine spans across various disease areas, with a particular emphasis on expedited hit-finding against integral membrane proteins.

Currently, the company is advancing multiple programs with a spotlight on GPCR modulators—a proven target class with far-reaching applications in metabolic disorders, inflammation, immunology, and endocrine diseases.

The driving force behind Deep Apple Therapeutics’ success is rooted in the expertise and technologies contributed by its academic co-founders. Dr. Georgios Skiniotis of Stanford University, a luminary in cryo-EM and GPCR structural biology, joins forces with Dr. Brian Shoichet and Dr. John Irwin of the University of California San Francisco (UCSF).

Dr. Shoichet, a pioneer of virtual screening, and Dr. Irwin, the computational library authority behind the widely-used ZINC virtual library, collectively create a powerhouse of knowledge and innovation.

Deep Apple Therapeutics Funding isn’t merely a financial milestone; it’s a testament to the company’s commitment to revolutionizing drug discovery.

As they navigate the intricate realm of small molecule therapeutics, backed by a substantial financial boost, Deep Apple Therapeutics is poised to redefine the future of medicine through its pioneering approach and unwavering dedication to scientific advancement.

ALSO READ: Jenesys AI Secures Impressive $1.1M in Pre-Seed Funding

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