UK Sovereign AI Fund Near Deal to Invest in Drug Discovery Startup Potential Sciences
UK's £500m AI fund targets drug discovery startup Potential Sciences. Government announces first investments and supercomputing access for biotech firms.
POLICY WIRE — London, United Kingdom — The UK government is nearing a deal to invest in Potential Sciences, a biotech firm focused on using artificial intelligence to speed up drug development, as part of its broader £500 million Sovereign AI initiative.
The Sovereign AI fund, launched earlier this year, aims to support promising AI-driven startups across multiple sectors, including healthcare and computing. Potential Sciences has emerged as one of the key beneficiaries, with officials confirming that the fund is in advanced discussions to secure an equity stake in the company.
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In addition to the potential investment in Potential Sciences, the government has already committed to funding other AI-focused ventures. This includes an equity stake in Callosum, an AI infrastructure startup, and providing supercomputing resources to six British companies working on drug discovery, machine learning, and bioengineering projects.
Reporting by Policy-Wire (PW)




