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Cyclica

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Discovering Drug through Proteome Docking to advance molecules that embrace the complexity of the disease

Toronto, CanadaFounded 2010Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cyclica and the history behind them.

About Cyclica

Cyclica, accessible at cyclicarx.com, is a cutting-edge biotech startup specializing in AI-augmented drug discovery. The company leverages advanced machine learning techniques to streamline and enhance the process of identifying and developing new drugs. By focusing on the intricate complexities of diseases, Cyclica aims to transform the traditional drug discovery paradigm.

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Cyclica serves a diverse range of clients, including pharmaceutical companies, biotech firms, and academic institutions. These clients are often engaged in the research and development of new therapeutic compounds and are looking for innovative ways to accelerate their drug discovery processes. The market Cyclica operates in is the global pharmaceutical and biotechnology sector, which is continually seeking more efficient and effective methods to bring new drugs to market.

The business model of Cyclica revolves around strategic partnerships and collaborations. By partnering with other biotech companies, academic institutions, and research organizations, Cyclica integrates its AI-driven platform into their drug discovery pipelines. This collaborative approach not only enhances the capabilities of their partners but also broadens Cyclica's reach and impact in the industry.

Cyclica generates revenue through a combination of service fees, licensing agreements, and milestone payments. Service fees are charged for the use of their AI platform and consulting services. Licensing agreements allow partners to use Cyclica's technology for specific projects, while milestone payments are received when certain drug development milestones are achieved, such as successful identification of a drug candidate or progression to clinical trials.

In summary, Cyclica is revolutionizing drug discovery by harnessing the power of AI to tackle the complexities of disease. Their collaborative and data-driven approach positions them as a key player in the biotech industry, driving innovation and efficiency in the development of new therapies.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2010
Headquarters
Toronto, Canada
Employees
4
Open positions
None listed
Dealroom signal
61.0/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Predictive Analytics, Biotechnology, Drug Development, Core AI, Spinout, Tech for Biotech and Pharma, Psychedelic Drugs
Technology
Artificial Intelligence, Deep Tech
Business model
Manufacturing
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Cyclica.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit May 2023 $40M $40M Recursion Pharma
GRANTOther financing Nov 2022 $1.8M Bill & Melinda Gates Foundation
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Cyclica website traffic

Latest recorded traffic for Cyclica is 510 monthly website visits, down 66% over the last three months. Cyclica's team declined 92.9% over the past year.

Latest monthly visits510 3-month web change-66% 1-year team growth-92.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Bill & Melinda Gates Foundation

Series A4 investors entered at this stage

  • GreenSky Ventures
  • Drive Capital
  • Chiesi Pharmaceuticals
  • Naheed Kurji

Other known investors5 additional known investors

  • Recursion Pharma
  • University of Toronto
  • China Canada Angel Alliance
  • G4A
  • Will Andrew
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cyclica on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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