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Data Center News > Blog > Investments > Turbine Receives Investment from Accenture
Investments

Turbine Receives Investment from Accenture

Last updated: May 19, 2024 3:49 pm
Published May 19, 2024
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Turbine, a Budapest, Hungary-based predictive simulation firm that’s constructing a platform for deciphering human biology, acquired an funding from Accenture (NYSE: ACN), by way of Accenture Ventures.

The quantity of the deal was not disclosed.

The corporate intends to make use of the funds to additional prolong its capabilities to world biopharma firms that may profit from its potential to uncover hidden organic insights, with the potential to information and speed up key drug improvement workstreams.

Led by CEO Szabolcs Nagy, Turbine affords a know-how, the Simulated Cell™ platform, that makes use of machine studying to grasp how human cells make selections.

Turbine’s core know-how, the Simulated Cell™ platform, makes use of machine studying to grasp how human cells make selections. The platform intricately fashions molecular interactions inside and round cells, enabling digital experiments in volumes which can be practically unimaginable to realize within the bodily world and revealing mechanisms that drive illnesses and response to therapies.

It’s being validated with pharma firms corresponding to AstraZeneca, Ono Pharmaceutical, Most cancers Analysis Horizons, and Bayer. As well as, Turbine has acquired funding from MSD (Merck & Co, Inc. Rahway NJ, USA) World Well being Innovation Fund, Accel, and MassMutual Ventures, amongst others.

FinSMEs

17/05/2024

See also  Imperative Care Holds Initial Closing of Series E Financing for up to $150M

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TAGGED: Accenture, Investment, receives, turbine
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