Weave
Weave is building a generative AI platform and knowledge graph that will revolutionise how life science companies collaborate, and redefine how biomedical discoveries are made.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | $10.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Weave.bio is a groundbreaking startup focused on transforming the way life science companies collaborate. The company is developing a generative AI platform and a knowledge graph designed to facilitate seamless cooperation among biomedical researchers and organizations. This innovative approach aims to break down the traditional silos in which life science companies operate, fostering a more integrated and efficient research environment.
Weave.bio primarily serves life science companies, including pharmaceutical firms, biotech startups, and research institutions. These clients are involved in various stages of biomedical research and development, from early-stage discovery to clinical trials and beyond. The market Weave.bio operates in is the life sciences sector, which is characterized by rapid advancements and a high demand for innovative solutions to complex biological problems.
The business model of Weave.bio is unique and pioneering. It not only provides a technological platform but also introduces a system that rewards each contributor based on their input and the natural market forces. This means that researchers, data scientists, and other contributors can share in the value created by their work, promoting a more collaborative and incentivized environment.
Weave.bio generates revenue through a combination of subscription fees for access to its platform, licensing fees for its AI and knowledge graph technologies, and potentially through partnerships and collaborations with larger life science companies. By offering a platform that enhances collaboration and accelerates discoveries, Weave.bio provides significant value to its clients, justifying its revenue streams.
The leadership team at Weave.bio includes experts with extensive experience in oncology, data science, and product development. This diverse expertise ensures that the company is well-positioned to address the complex challenges faced by its clients and to drive innovation in the life sciences sector.
Keywords: generative AI, knowledge graph, life sciences, collaboration, biomedical research, pharmaceutical, biotech, incentives, platform, innovation.