GTN logo — Developing a new drug costs $2.9bn, GTN uses technology to h...

GTN

Developing a new drug costs $2.9bn, GTN uses technology to halve development costs and discover new molecules.

Founded 2017 United Kingdom London, United Kingdom 2-10 employees Seed Total: $2.10M Biotechnology, Quantum +1

General Information

Company Name GTN
Founded Year 2017
Location United Kingdom London, United Kingdom
Employees 2-10
Industries Biotechnology, Quantum, Machine Learning
Funding Stage Seed
Social

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About GTN

GTN: GTN is a biotechnology startup based in the United Kingdom, founded in 2017. The company is focused on revolutionizing drug discovery by leveraging its innovative Generative Tensorial Networks technology. GTN's mission is articulated in its slogan: "Developing a new drug costs $2.9bn, GTN uses technology to halve development costs and discover new molecules." GTN addresses the daunting cost and diminishing productivity of drug development, as it currently averages $2.9 billion for bringing a single novel drug to the market. The company's approach is to utilize a unique blend of machine learning and quantum physics methodologies to simulate, filter, and explore the vast realm of drug-like molecules. This method enables the discovery of previously unknown compounds while significantly reducing development expenses. In 2018, GTN secured a Seed Round investment from Entrepreneur First and Isomer Capital, indicating the support and confidence of established investors in the company's vision and technology. This investment empowers GTN to continue its groundbreaking work in the intersection of biotechnology, quantum, and machine learning.

Taxonomy: pharmaceutical research, drug development technology, machine learning in healthcare, quantum physics applications, molecule discovery, innovative drug development, R&D cost reduction, biotechnology innovation

Services & Products

Domain sales
AI technology

Target Customers

Companies looking for AI solutions individuals interested in domain purchase

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 2
Investor Investor
01 Nov 2018
Seed Round •••••• 3
Investor Investor Investor
04 May 2018
Non Equity Assistance •••••• 1 •••• •••• 01 Jun 2017

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FAQ About GTN

Developing a new drug costs $2.9bn, GTN uses technology to halve development costs and discover new molecules.
GTN was founded in 2017.
GTN is headquartered in London, United Kingdom.
GTN operates in the following industries: Biotechnology, Quantum, Machine Learning.
GTN has approximately 2-10 employees.
GTN has completed 3 funding rounds, raising a total of $2.10M. The latest funding stage is Seed.
GTN offers: Domain sales, AI technology.
Top alternatives and competitors to GTN include Nanoform, OrganoTherapeutics, NewBiotics, Pledge Therapeutics, AnnJi Pharmaceutical Co., Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
GTN and Nanoform are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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