Nucleai, an Israeli based AI-powered spatial biology company with a mission to transform drug development and clinical treatment decisions by unlocking the power of pathology data, has closed a Series B financing for $33 million.
The round was jointly led by Section 32 and Sanofi Ventures. Andy Harrison, managing partner at Section 32, and Cris De Luca, global head, Digital Investments at Sanofi Ventures, will join Nucleai’s board of directors. Section 32 managing partner Dr Michael Pellini will join Nucleai’s board as an observer.
Nucleai plans to use the new funding to further develop its platform and expand its commercial footprint across biopharmaceutical companies and contract research organizations (CROs), who are applying its technology throughout translational research, clinical trials, and novel applications for drug discovery.
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