Glasgow University chemical creation spinout raises £33m

Glasgow University spinout Chemify has raised £33 million in support of its bid to “digitise chemistry”.

Chemify said it aims to digitise chemistry by using a computing process that runs continuously from designing new molecules with artificial intelligence to making them in an automated lab.

Led by Glasgow University professor Lee Cronin, Chemify was spun out from the university in 2022. The funding includes around £7 million from the UK government’s Innovation Accelerators programme with the rest coming from venture investors led by Triatomic Capital in the US.

Cronin told the Financial Times that Chemify’s “chemputer”, using lab robotics, could make chemicals in quantities ranging from milligrams to hundreds of grammes, including complex molecules that require as many as 15 steps to synthesise.

He added that the spinout has already made several medicinal compounds, as well as advanced materials for other applications.

“A lot of people are using AI to dream up new molecules that turn out to be hard or impossible to make,” he said. “The bottleneck is in the lab. We only select the dream molecules that can be actually manufactured efficiently. We make the AI work.”

    Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.