AIDealroom.co1h ago
Faro, which develops data models and AI tools
Faro, which develops data models and AI tools to speed up clinical trials, raised a $37.3M Series B co-led by Merck Global Health Innovation Fund and S32
TL;DRFaro raised $37M to build AI tools that make clinical trials faster.
Why it matters: AI-accelerated drug development could reduce time-to-market for treatments and lower healthcare costs.
What's the deal? Faro has raised a $37 million Series B round to develop AI tools aimed at speeding up clinical trials.
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