Arctic Therapeutics

The AI engine Fit Assessment

Beta

The company will be attending the 2024 Health Tech Forward Event

Blurb

Arctic Therapeutics (AT) uses bioinformatic approaches and AI to eliminate major risks associated with traditional drug development.

HQ Location

Iceland

Founded

2015

Employees

11 - 50

Total funding raised

$13.33M

Last Funding Event

Venture - Series Unknown, $10.66M, December 29, 2022

Smart insights

  • Catherine Msc (Chief People Officer) worked at Lilium as Head of People Business Partnering for 1.5 years (2021 - 2022)
  • Val Miftakhov (Founder & CEO) worked at Google in various roles, including Head of R&D, Google for Work Incubation, for a total of 4 years (2012 - 2016)
  • 6m headcount growth: 25%
  • 1Y headcount growth: 94%
  • Headcount-to-last-round ratio: 5.3 employees/$M

Operator of a drug discovery and development company intended to identify the genetic underpinnings of rare and common diseases. The company specializes in using bioinformatic approaches and AI to eliminate significant risks associated with traditional drug development as well as sharply reducing the enormous cost, providing patients with the ability to understand their genetic results and how these results guide individual therapies.