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Recursion

Kinnevik Stake
3%
Integrated AI-enabled full stack platform to decode biology, discover new disease targets and design novel therapeutics at scale

What They Do & Why Kinnevik is Invested

Recursion integrates advanced AI with machine learning, creating a sector-defining company in drug discovery and development. Its strategy rests on three core pillars:

  • Developing an extensive in-house pipeline, where Recursion bears all R&D costs and retains full upside from successful drugs
  • Co-development partnerships with industry leaders such as Roche and Genentech, Sanofi, and Bayer
  • Building industry-leading biological and chemical proprietary datasets via wet lab automation and partnerships – now 65 petabytes and growing – to drive new insights in difficult to treat diseases 

Recursion announced its strategic combination with Exscientia in 2024, another leading AI drug discovery company, combining two of the most advanced platforms in the field and significantly expanding its pipeline and capabilities in precision chemistry.

Kinnevik views Recursion as the leading AI-native drug discovery company. Its strong capital base, proven execution and ability to scale its platform across both internal and partnered pipelines position it to capture multi-billion-dollar milestone payments in the years ahead. 

Of note is its multi-year collaboration with NVIDIA – a groundbreaking effort to build foundational models in biology and chemistry, using the most powerful private supercomputer in the pharma industry.

Key Information

  • Integrated AI-enabled full stack platform to decode biology, discover new disease targets and design novel therapeutics at scale
  • Transforming drug discovery and development, a traditionally slow, costly and inefficient process with a faster, more precise, and data-driven industrialized approach that delivers 10x the efficiency and 3x the speed of traditional pharma


News in the Quarter

  • Named one of Fast Company‘s Top 5 Most Innovative Biotech Companies of 2025, recognizing its leadership in AI-driven drug discovery and recent advances
  • Shared positive Phase 2 results for REC-994, a potential treatment for cerebral cavernous malformations at a major neurology conference     
  • Advanced two of its key oncology drugs to clinical trials 

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