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CardiaTec Biosciences secures £1.4 million Pre-Seed investment led by Laidlaw Scholars Ventures (LSV) and APEX Ventures

 CardiaTec, an AI drug target discovery company specialising in cardiovascular disease, has secured a £1.4m pre-seed investment led by Laidlaw Scholars Ventures and APEX Ventures.

‍Cardiovascular diseases have persisted as the world’s leading global cause of death since the 1980s. Yet, despite the rising number of deaths,  cardiovascular investment and therapeutic innovation are immensely dwarfed when compared to fields such as oncology and neurodegenerative diseases. New technologies must emerge to help close the gap.

‍CardiaTec is developing a target discovery platform leveraging AI to make sense of large-scale multiomic cardiovascular data. As opposed to conventional singular omic analysis, CardiaTec’s proprietary platform unravels relationships that span across every level of biology, from gene variation, methylation and expression, to their connection to proteomic and metabolomic functions to best understand disease development.

‍The company was co-founded by Raphael Peralta (CEO), Thelma Zablocki (COO), and Dr. Namshik Han (CTO). Raphael and Thelma are graduates of the University of Cambridge MPhil in Bioscience Enterprise. Dr. Namshik Han is a world-leading academic in AI applications for target and drug discovery, and he holds positions at the University of Cambridge as Head of AI at the Milner Therapeutics Institute and Associate Faculty of the Cambridge Centre for AI in Medicine.

‍This raise marks the first investment of Laidlaw Scholars Ventures (LSV), a new Venture Capital fund established by the Laidlaw Foundation to invest in businesses led by Laidlaw Scholars. LSV and APEX Ventures are co-leading the £1.4m round with participation from Crista Galli Ventures, o2h ventures and Cambridge Enterprise.

CardiaTec is an innovative and inspirational company seeking to change the lives of many by better understanding cardiovascular diseases. Congratulations on your funding. Best of wishes to the entire team at CardiaTec.

Shishir Gupta, Founder and CEO, StartupLanes

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