Axiom: Transforming Drug Development with AI and Amplify Partners' Investment
Deal News | Apr 28, 2025 | Amplify Partners
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Amplify Partners has announced its seed investment in Axiom, a company focused on transforming drug toxicity testing using AI and computational models. Drug toxicity, particularly liver toxicity, is a massive issue in pharmaceutical development, leading to billions in losses due to drug failures and market withdrawals. Axiom aims to address this by harnessing an extensive dataset dedicated to chemical toxicity in human cells and leveraging advanced AI models to predict liver toxicity more accurately than traditional animal testing. Founded by Brandon White and Alex Beatson, Axiom has developed a proprietary platform that screens chemical compounds against live human hepatocytes at scale, capturing a multitude of data points. With over 115,000 unique small molecules and 394+ million cells analyzed, Axiom’s AI models promise a cost-effective and efficient alternative for drug safety testing. The recent funding totaling $15 million, including investments from Amplify and Dimension Capital, positions Axiom to revolutionize the toxicology field and potentially extend its predictive models to other vital organs. The industry need for such innovative solutions is pressing, especially with the FDA's recent mandate to reduce animal testing and an increased emphasis on AI tools.
Sectors
- Pharmaceutical and Biotechnology
- Technology and Artificial Intelligence
Geography
- United States – The article mentions companies and activities primarily taking place in the U.S., including interactions with the FDA and U.S.-based conferences.
Industry
- Pharmaceutical and Biotechnology – The article discusses innovations in drug development and safety testing, highlighting Axiom's role in the biopharma sector.
- Technology and Artificial Intelligence – Axiom utilizes artificial intelligence to transform drug toxicity prediction and modeling, indicating a strong overlap with AI and computational technologies.
Financials
- $15 million – Total funding received by Axiom, with investments from Amplify Partners, Dimension Capital, and others.
- $7 million – Seed round led by Amplify Partners in 2023.
- $8 million – Additional financing round completed late last year with Dimension Capital.
Participants
Name | Role | Type | Description |
---|---|---|---|
Axiom | Target Company | Company | A company focused on computational drug toxicity testing using AI and proprietary datasets. |
Amplify Partners | Private Equity Firm | Company | A venture capital firm investing in early-stage companies like Axiom to drive technological and scientific innovation. |
Brandon White | CEO of Axiom | Person | Co-founder and CEO of Axiom, bringing expertise in machine learning and computational biology. |
Alex Beatson | CTO of Axiom | Person | Co-founder and CTO of Axiom, with a background in computational biology and AI. |
Dimension Capital | Investor | Company | An investment firm participating in Axiom's financing rounds. |
Zetta Venture Partners | Investor | Company | Another investor in Axiom's financing rounds, concentrating on data-driven startups. |
FDA | Regulatory Body | Government | The U.S. Food and Drug Administration, relevant for its mandate affecting drug safety testing regulations. |
Jeff Dean, Laksh Aithani, and others | Angel Investors | People | Individuals investing in Axiom's innovative approach to drug safety testing. |