NobleAI, a pioneer in Science-Based AI solutions for Chemical and Material Informatics, announced over $10 million in Series A extension financing. New investor Sway Ventures led the round and was joined by Dorilton Ventures. The round also included additional investments from NobleAI’s original Series A investors.
NobleAI is a pioneer of Science-Based AI, an approach that depends on Specialized Science-Infused Models (SSMs) instead of the Large Language Models (LLMs) powering Generative AI. And by combining the power of AI with applicable scientific laws, NobleAI helps companies slash research cycle times and speed product development – even when starting with smaller private or industry-specific data sets.
KEY QUOTES:
“NobleAI is at the forefront of exciting advances in AI for companies eager to speed product development while also improving the health, safety and sustainability of material and chemical ingredients. They’ve already built an impressive track record with customers across the energy and consumer product sectors, and we’re excited to support their continued growth.”
– Ken Denman, General Partner, Sway Ventures
“Breakthrough innovations in chemical and material science have historically been achieved only via costly iterative lab-based experimentation. NobleAI’s Reactor platform integrates machine learning with scientific laws and principles to accelerate in-silico discovery with Science-Based AI. NobleAI’s world-class team has built sophisticated products to satisfy global industrial leaders, empowering laboratory scientists to access powerful data science tools to quickly find the efficient frontier for experimentation. Dorilton Ventures is very excited to support NobleAI on the next stage of its journey.”
– Ignacio Salsas of Dorilton Capital
“We can’t think of a greater sign of confidence in our work than Sway, Dorilton, and our full team of original investors joining together to support our mission. We are freeing companies from the time-consuming and costly limitations of traditional R&D and helping them get products to market faster, even in the face of resource constraints and increasing stakeholder expectations. This funding will accelerate our ability to help more companies take advantage of AI to develop new products.”
– Sunil Sanghavi, CEO, NobleAI
