DP Know-how Secures $114M to Propel AI Developments in China’s Science Sector


Beijing-based startup DP Know-how Co. Ltd. as we speak outlined a plan to make use of its synthetic intelligence instruments to speed up scientific analysis in every part from battery design to drug improvement after elevating 800 million yuan ($114 million) in funding.

The Sequence C spherical was led by Fortune Enterprise Capital and the Beijing Jingguorui Fairness Funding Fund, and noticed participation from the Beijing Synthetic Intelligence Business Funding Fund, Beijing Pharmaceutical and Well being Business Funding Fund, Lenovo Capital, Incubator Group and Oriza Hua.

Not like many Chinese language AI startups which have attracted multimillion funding rounds these days, DP Know-how is definitely one thing of a veteran within the {industry}, having been based again in 2018 by a pair of Peking College alumni. The startup is carving out a path in what it calls the “AI for science” {industry}, having developed numerous instruments powered by giant language fashions to speed up analysis in areas corresponding to molecular simulation and laboratory automation.

DP Know-how’s instruments span many elements of the scientific analysis course of, with one among its predominant choices being an AI mannequin system for simulations referred to as Particle Universe. Different merchandise embody its laboratory working system Uni-Lab, its cloud-based analysis hub Bohrium, and a computer-aided drug design platform referred to as Hermite.

It has additionally constructed a analysis and improvement platform referred to as RiDYMO, targeted on “undruggable” biology targets; Piloteye, which is for designing batteries; SciMaster, a general-purpose scientific AI agent; and Lebesgue Clever Computing for controlling community site visitors.

DP Know-how co-founder and Chief Scientist Zhang Linfeng advised the South China Morning Publish that his firm’s instruments are being utilized by greater than 1,000 universities and analysis organizations and 150 company purchasers globally, with a few of its greatest together with PetroChina Co. Ltd. and BYD Auto Co. Ltd. “AI for Science is extra than simply an rising sector – it’s a foundational infrastructure mission for many years of scientific discovery to come back,” Zhang insisted.

Zhang is a former winner of the ACM Gordon Bell Prize, which is sometimes called the “Nobel Prize” of supercomputing. He scooped that award in 2020 for his analysis into machine studying algorithms that dramatically improve molecular dynamics simulations. He based the corporate alongside Chief Govt Solar Weijie, who mentioned that its long-term plan is to construct “AI scientists” able to automating scientific discovery.

DP Know-how will use the funding to rent contemporary expertise that may assist it to speed up its analysis and construct extra scientific discovery instruments.

Picture: SiliconANGLE/Meta AI

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