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Toronto Startup Raises $11M to Transform Drug Formulation

5/14/2025

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Story summary
  • Toronto's Intrepid Labs has raised an impressive $11 million to revolutionize drug formulation with its innovative Valiant platform, blending machine learning and robotics. Founded in 2023, this ambitious startup is on a mission to slash formulation time from months to mere days, tackling the daunting challenge of high clinical trial failures and transforming drug design for pharmaceutical partners.