Unlearn.AI secured $12M in Series A Funding Round led by 8VC

Unlearn.AI, a California based developer of machine learning-powered platform, has now secured $12 million in the Series A round of funding.

The 8VC led the financing round. Other participants include the Mubadala Capital Ventures, DCVC, and DCVC Bio.

Founded in 2017, Unlearn.AI offers its proprietary DiGenesis platform. It processes historical clinical trial datasets from lots of patients to build the disease-specific machine learning models that are used to create Digital Twins and their corresponding virtual medical records.

Executive Opinion

Founder, and CEO of Unlearn.AI, Charles K. Fisher, said, "This new financing marks an important milestone in our growth and will contribute to the significant progress we are making with regulators and with our commercial partners, who are already running studies with Digital Twins and demonstrating their value in generating robust evidence and increasing the potential for trial success. Clinical trials are facing a number of persistent challenges that have only been exacerbated in recent weeks. With support from our forward-thinking investors and industry partners, we are excited to continue growing our exceptional team and advancing the science behind our first-of-its-kind Digital Twin approach."

Founder of Clinical Innovation Partners and Unlearn Advisory Board member, Craig Lipset, said, "Clinical trial recruitment in Alzheimer’s Disease is daunting and study success continues to be challenged by a limited pool of patients. To improve success rates, we need a new paradigm in trial design. Unlearn’s unique model has shown that it can provide realistic digital patient records to supplement actual control patients in Alzheimer’s Disease trials. This is a potential game-changer, not only in trial recruitment strategies but also in the delivery of high-quality data that supports study confidence and success."

Unlearn.AI's Latest Funding

Post completion of funding, the principal partner of 8VC, Francisco Gimenez, will join as the Unlearn Board of Directors.

The company, as of now, has plans to use newly raised funds to continue to expand operations and increase its business outreach.