ARTICLE | Financial News

Nuritas raises $20M series A

December 22, 2017 6:42 PM UTC

On Dec. 20, artificial intelligence company Nuritas Ltd. (Dublin, Ireland) raised $20 million in a series A round led by Cultivian Sandbox Ventures. Existing investors VisVires New Protein and Enterprise Ireland and undisclosed investors also participated.

Nuritas is combining artificial intelligence with genomics to identify bioactive peptides in food that could help treat diseases such as diabetes. In 2016, the company raised approximately €5 million ($5.9 million) in a seed round from VisVires, Marc Benioff, U2's Bono and The Edge and angel investors...