Seed ยท $80M🔥 Top PickProxima
AI-powered drug discovery for "undruggable" targets
AI Drug DiscoveryProximity TherapeuticsDCVC %26 NVIDIA
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Rewriting the Rules of Drug Design
For decades, pharmaceutical companies have been limited by a fundamental constraint: most drugs work by blocking a single protein's active site, like jamming a key in a lock. The problem? An estimated 85%% of disease-causing proteins don't have a suitable lock to jam. They've been considered undruggable.
Proxima, led by co-founder and CEO Zachary Carpenter, is changing that by pioneering proximity-based therapeutics โ drugs that work by physically forcing proteins to interact with each other (or forcing them apart). At the core of their platform is NeoLink, a data-generation technology that maps how proteins interact at a scale never before possible, paired with their Neo AI model series for end-to-end molecule design.
The Validation Is Real
This isn't just academic research. Proxima has secured multibillion-dollar collaborations with Johnson %26 Johnson, Bristol Myers Squibb, and Blueprint Medicines (now Sanofi). Multiple co-developed programs are advancing toward clinical trials in 2026. The $80M oversubscribed seed round, led by DCVC with backing from NVIDIA's NVentures, gives them the resources to accelerate their own internal pipeline alongside these partnerships.
About Zachary Carpenter
Zachary Carpenter is the Co-Founder and CEO of Proxima (formerly VantAI), a biotech company pioneering proximity-based therapeutics to target proteins previously considered undruggable. Under Carpenter's leadership, the company developed its NeoLink data-generation technology and Neo AI model series for end-to-end molecule design.
Carpenter built Proxima around a fundamental insight: an estimated 85% of disease-causing proteins lack a suitable active site for traditional drug design. Rather than blocking proteins in the conventional way, Proxima's approach physically forces proteins to interact with each other or apart — opening up an entirely new class of therapeutics.
The validation of Carpenter's vision is reflected in multibillion-dollar collaborations with Johnson & Johnson, Bristol Myers Squibb, and Blueprint Medicines (now Sanofi), with multiple co-developed programs advancing toward clinical trials. His $80M oversubscribed seed round, led by DCVC with backing from NVIDIA's NVentures, was one of the largest seed rounds in biotech history.
Sources: Public press releases, SEC and state business filings, published interviews, news coverage, and company disclosures.