Recursion

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/Genentech and Sanofi
• 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 joined forces 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 and development company. Its strong capital base, proven execution, and ability to scale its platform across both internal and partnered pipelines positions 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.

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