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SmartGateVC has announced its investment in Modicus Prime. Modicus Prime builds first-in-class self-service data processing software based on AI to enable effortless, cost-efficient and timely process control for biotech research and manufacturing. Modicus Prime is solving AI/ML challenges in the life sciences for commercial real-time decision making, patient and product characterization, and anomaly detection through client-driven AI software tools. Their Self-Service AI software places cutting-edge AI where it belongs: in the hands of Life Sciences domain experts themselves.  The result is real-time AI processing of any data - from biologic morphology analysis to commercial contamination detection - without the requirement of data scientists.

Currently tapping into the Global AI market in Pharma, which is projected to reach 5B+ with a steady annual growth of 40-60% through 2025, Modicus Prime is partnering with top industry players in AI Self-Service process control, further expanding into adjacent functional areas, and revolutionizing image processing for Biopharma industries.

The company is currently part of Armenia Startup Academy Traction program. The founders are collaborating / in conversations with a number of top 10 Pharma companies, and are in the process of establishing their R&D capacities in Armenia.