Draft:Genesis Molecular AI

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Genesis Molecular AI
Company type
Private
IndustryArtificial intelligence · Drug discovery
Founded2019 (2019)
FounderEvan Feinberg
HeadquartersBurlingame, California, U.S.
Key people
Evan Feinberg (CEO and founder)
Websitegenesis.ml

Summary

Genesis Molecular AI, Inc. is a private artificial intelligence (AI) company headquartered in the San Francisco Bay Area, with locations in San Mateo, San Diego and New York. Founded in 2019, the company is developing generative and predictive artificial intelligence technologies for the discovery of small molecule drugs. [1]

History

Genesis (formerly Genesis Therapeutics), was founded in 2019 by Evan Feinberg. The company emerged from Feinberg's work with Vijay S. Pande at Stanford University, where they developed artificial intelligence methods for drug discovery and were early pioneers of graph neural networks (GNN's) for molecules. This work included PotentialNet, a family of spatial graph convolutional deep learning algorithms in Vijay S. Pande’s lab.[2] [3]

Since its founding, Genesis has raised over $300 million.[2] In 2020, the company announced a $52M Series A led by Rock Springs Capital.[4] In 2023, the company raised an oversubscribed $200M Series B, co-led by Andreessen Horowitz.[5] Genesis has been recognized in the Forbes AI 50 list in 2020, 2021 and 2022. [6] [7] [8] It was also listed on the Fierce Medtech's Fierce 15 list in 2023 and on CB Insights AI 100: The top AI companies in 2024.[9] [10]

Technology

Genesis’ platform, called Genesis Exploration of Molecular Space (GEMS), uses novel AI systems, including diffusion models, multi-task ADME models, language models, and physical simulations to generate drug candidates across multiple therapeutic areas by optimizing small molecules for complex targets.[11] [12]

In 2025 with co-authorship from NVIDIA, Genesis announced Pearl (Placing Every Atom in the Right Location),[13] a foundation model for biomolecular structure prediction. Pearl predicts 3D protein–ligand complex structures through a SO(3)-equivariant diffusion model trained on both experimental and synthetic protein-ligand complexes. The authors of Pearl report that it was the first to outperform Google DeepMind’s AlphaFold 3 model on certain benchmarks. [13]

Partnerships

Genesis Molecular AI has entered into multiple collaborations with major pharmaceutical and technology companies, including:

Gilead Sciences

In September 2024, pharmaceutical company Gilead Sciences partnered with Genesis for AI-based drug discovery work on three undisclosed targets. Gilead paid $35 million upfront with the option to nominate additional targets for a predetermined per-target fee.[14]

NVIDIA

In December 2024, Genesis announced its partnership and additional investment from NVIDIA to optimize AI architectures and infrastructure for drug discovery.[2]

Incyte

In February 2025, Incyte entered a strategic collaboration with Genesis to develop small molecule medicines against undisclosed targets. The deal included a $30 million upfront payment with up to $295 million per target in development, regulatory and commercial milestones, alongside tiered royalties.[15] In May 2026, the companies announced an expansion of the collaboration, broadening the deployment of Genesis’ platform across at least five additional targets, with Incyte’s proprietary experimental data being used to train GEMS.[16] Under the terms of the expansion, Genesis received $120 million in upfront consideration, including $80 million in cash and $40 million in equity commitment, and is eligible to receive $232 million per target in development.[16][17][18] Jlaub3 (talk) 20:56, 31 March 2026 (UTC)

References

  1. ^ George, John (February 21, 2025). "Incyte Corp. partners with Genesis Therapeutics to use AI for drug discovery". Philadelphia Business Journal. Retrieved 31 March 2026.
  2. ^ a b c Philippidis, Alex (December 17, 2024). "Nvidia's Venture Arm Raises Stake in AI Drug Discoverer Genesis Therapeutics". Genetic Engineering & Biotechnology News. Retrieved 31 March 2026.
  3. ^ "Supercharging discovery with Evan Feinberg". Andreessen Horowitz. Retrieved 31 March 2026.
  4. ^ Coldewey, Devin (December 2, 2020). "Genesis Therapeutics raises $52M A round for its AI-focused drug discovery mission". TechCrunch. Retrieved 31 March 2026.
  5. ^ Gormley, Brian (August 21, 2023). "Andreessen Co-Leads $200 Million Investment in Biotech Startup Genesis Therapeutics". The Wall Street Journal. Retrieved 31 March 2026.
  6. ^ Popkin, Helen (May 6, 2022). "AI 50 2022: North America's Top AI Companies Shaping The Future". Forbes. Retrieved 31 March 2026.
  7. ^ Ohnsman, Alon; Cai, Kenrick (26 April 2021). "AI 50: America's most promising artificial intelligence companies". Forbes. Retrieved 31 March 2026.
  8. ^ Ohnsman, Alan; Cai, Kenrick (3 July 2020). "AI 50 2020: America's Most Promising Artificial Intelligence Companies". Forbes. Retrieved 31 March 2026.
  9. ^ Hale, Conor (4 March 2020). "Fierce Medtech's Fierce 15 of 2023". Fierce Biotech. Retrieved 31 March 2026.
  10. ^ "AI 100: The most promising artificial intelligence startups of 2024". CB Insights. Retrieved 31 March 2026.
  11. ^ Kasianov, Roman (12 September 2024). "Unearthing New GEMS: Genesis and Gilead Collaborate to Tackle Tough Drug Targets". BioPharmaTrend. Retrieved 31 March 2026.
  12. ^ Philippidis, Alex (20 February 2025). "Incyte, Genesis Therapeutics Partner on AI-Based Small Molecule Collaboration". Genetic Engineering & Biotechnology News. Retrieved 31 March 2026.
  13. ^ a b Genesis Molecular AI (2025-10-29). "Pearl: A foundation model for placing every atom in the right location". arXiv:2510.24670 [q-bio.BM].
  14. ^ Becker, Zoey (10 September 2024). "Gilead inks $35M collab with AI drug discovery outfit Genesis". Fierce Biotech. Retrieved 31 March 2026.
  15. ^ Waldron, James (20 February 2025). "Incyte pens $885M biobucks AI pact to use Genesis' GEMS to develop new drugs". Fierce Biotech. Retrieved 31 March 2026.
  16. ^ a b Feldman, Amy. "Inside Incyte's $120 Million AI For Drug Development Deal". Forbes. Retrieved 2026-06-04.
  17. ^ Philippidis, Alex (2026-06-03). "Small Molecules to Big Partnership: Incyte, Genesis Expand AI Collaboration to $1B+". GEN - Genetic Engineering and Biotechnology News. Retrieved 2026-06-04.
  18. ^ Taylor, Nick Paul (2026-05-20). "Incyte pays Genesis $80M to expand AI-fueled drug discovery pact". www.fiercebiotech.com. Retrieved 2026-06-04.

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