Lithuanian Health Technology Ecosystem member, "Biomatter Designs", raised 500K EUR to develop AI for generative protein design

Proteins are large, complex molecules that drive virtually every biological function. Naturally occuring proteins aid biochemical reactions, transport materials within the cell, transduce chemical signals, and play other crucial roles both in our bodies and around us. Proteins, when engineered to perform specific functions (e.g. binding and neutralizing pathogens, converting industrial waste to useful materials), have tremendous potential to solve some of humanity’s biggest challenges across healthcare, food, agriculture and other industries. 

To accelerate the burdensome and resource-intensive process of protein engineering, Biomatter Designs has developed a machine learning powered platform for next-generation computational protein design. The platform analyses vast amounts of natural protein data to learn the complex rules governing the functions of proteins and later applies the acquired knowledge to design new protein molecules.