Causaly Raises $60 Million

Causaly, a London startup that has built an AI platform to help researchers accelerate the development and testing of drugs, has raised $60 million, a Series B that will be going toward R&D and to continue building out its team. Causaly is just over six years old, and Yiannis Kiachopoulos, the CEO who co-founded the company with CTO Artur Saudabayev, said that it already works with 12 of the world’s biggest pharmaceutical companies and some of the biggest names in medical research, including Gilead, Novo Nordisk, Regeneron, the Food and Drug Administration and the National Institute of Environmental Health Sciences.