Atinary Technologies banks $5m in seed round

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29.09.2023
Hermann Tribukait and Loïc Roch

To accelerate R&D and the discovery of breakthrough molecules and materials, Atinary Technologies built a machine-learning-based platform that outperforms traditional trial-and-error methods. The secured capital in the seed round led by AgFunder will enable the startup to scale and advance the platform as well as grow the team.

Atinary Technologies is dedicated to accelerating R&D and discovery via its no-code platform, Self-Driving Labs (SDLabs). The platform offers optimization and discovery solutions that outperform traditional trial-and-error methods such as one-factor-at-a-time (OFAT), design of experiments (DoE), and high-throughput experimentation (HTE).

SDLabs simplifies experiment planning, making it easy for users to harness the power of AI and ML technology with a few clicks in their existing workflows, after just two hours of onboarding. Additionally, SDLabs’ advanced analytics module provides users with valuable insights into their experiments, enhancing their ability to achieve optimal outcomes. With their solution, Atinary makes data-driven R&D a reality across diverse industries, including pharmaceuticals, biotechnology, chemicals, energy, electronics, cosmetics, and food

Based in Epalinges (Vaud), Atinary was established in 2019 by Hermann Tribukait, a former economist turned entrepreneur in Silicon Valley, and Loïc Roch, an AI expert and chemist. Their visionary concept has now become a reality after extensive testing and validation with respected institutions in both industry and academia. Atinary is now fully equipped to implement its pioneering technology on a large scale.

“The chemical and materials industry is entering a new AI-driven era, and Atinary is at the forefront of this revolution,” said Co-founder and CTO Dr. Loïc Roch. “SDLabs, combined with automation, has already achieved remarkable results. Recently, we reached an unprecedented acceleration by merging our AI technology with automation. Together with an academic partner, Atinary SDLabs accurately reproduced major development stages made over the last century in the field of heterogeneous catalysts for converting CO2 into methanol in just one month”, he added.

The finalised $5 million investment round will empower the company to deploy the SDLabs platform at scale and further advance its leading ML technology solutions and partnerships. Furthermore, the company will use the funds to expand its team and accelerate the deployment of its groundbreaking ML solutions.

Leading global agri-food-tech venture capital investor AgFunder led the round, with the participation of Cherubic Ventures, a global VC fund committed to supporting visionary founders dedicated to creating positive change in the world, as key partners in its mission. These VC funds join existing pre-seed investors in the US and Europe in supporting Atinary in this next scale-up phase.

(RAN)
Photo: Hermann Tribukait and Loïc Roch

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