Dusan Perovic retweeted
I was lucky to be introduced to the @Etched founders in March 2024. A couple of weeks later at the full team pitch, our (then TSV) team recorded our votes and comments as usual before speaking and influencing each other. Looking back on that survey, many people mentioned that the valuation felt very high (in the low 100s of millions) for where they were at the time and the competition, and how chips are hard. But every single person wrote about what an incredible young team they were and had assembled: "incredibly impressive team", "have attracted great talent", "very impressive founders", "transformative company". In venture it's so easy to talk yourself out of something, because the risks are everywhere. I'm glad on this one we let the strength of these founders overcome any skepticism, because they have proven to be way more talented than even we thought. Proud to have them in the @deviationcap portfolio.
Exclusive: AI chip startup Etched, founded by Harvard dropouts, has its own in-office data center and has signed quant-trading firm Jane Street as its first customer on.wsj.com/4hIbEhx
Dusan Perovic retweeted
Today, we are excited to announce TerraSynth, the latest addition to Terray's EMMI platform.
Synthesizing AI-generated molecules is a key bottleneck in modern small-molecule drug discovery. We built TerraSynth to fix that.
TerraSynth is a generative synthesis planner that proposes new molecules together with a recipe for making them, keeping the DMTA cycle moving efficiently.
*TerraSynth covers 67% more chemical space than the next best synthesis planner, at 1/1000th of the cost.
*TerraSynth is fast to inference, and can be run directly inside the design loop, ensuring that every proposed compound has been optimized for synthesizability.
*TerraSynth has prospectively reduced synthesis time for molecules synthesized at Terray by up to 75%.
TerraSynth is being used in real programs at Terray every day. To read more about how we built this model and the key results, check out the blog
terraytx.ai/news-and-researc…
Dusan Perovic retweeted
Introducing Deviation Capital.
Era-defining companies are the exception. They break almost every rule of conventional wisdom as they rise, but start the same way. A founder encounters something broken, invents a way forward others couldn't see, and bets everything on bringing it to life.
We launch today as the spinout of Two Sigma Ventures to find, fund, and support these founders, backing technical teams harnessing data and computing to build enduring exceptions.





