DP Technology Secures Hundreds of Millions in RMB in New Round of Funding, Gaining State-Backed Recognition for AI for Science

Oct 12, 2024 19:18 CST Updated 19:18

DP Technology

Simulation R&D Platform Developer

Recently, DP Technology has secured hundreds of millions of RMB in new funding, with investments from the Beijing Artificial Intelligence Industry Investment Fund and Beijing Zhongguancun Science City Innovation Development Co., Ltd. As a leader and practitioner in the AI for Science field, this round of state-backed investment marks a significant recognition and support for DP Technology's deep cultivation, interim achievements, and future development in the AI for Science domain. The funds will primarily be used to attract top-tier talent within the industry, further enhance full-stack capabilities from original algorithmic innovation to industrial software and industry solutions, and strengthen the industrial application and commercial promotion of related technologies in scenarios such as biomedicine, new energy, chemical engineering, and semiconductors.

As a leader and practitioner in the "AI for Science" research paradigm, DP Technology has always adhered to the attitude of understanding real problems and addressing genuine needs. The company is committed to building three-dimensional micro-scale industrial infrastructure focused on scientific research and industrial R&D and application — from multimodal scientific literature reading tools to full-stack research platforms, from solving practical challenges in industrial R&D and application to enhancing the understanding of the material world. Relying on its deep expertise in interdisciplinary fields, DP Technology has developed the "Deep Potential · Universe Insight®" AI for Science large model system, bringing research methods across many disciplines from the "experimental trial-and-error/computer" era into the "pre-trained model era." Taking "microscale industrial design and simulation" as the entry point, the company has built research and industrial R&D infrastructure covering multiple fields.An "innovation - implementation" chain and open ecosystem for AI for Science has been formed, empowering various industries and comprehensively improving quality and efficiency.To build a new generation of micro-scale R&D systems for fundamental scientific research and industrial R&D in the fields of life sciences and material sciences.

In recent years, AI applications in various fields, especially in fundamental scientific research and frontier exploration, have gained significant global attention. The Chinese government places particular emphasis on the development of AI for Science, introducing a series of policies to support research and applications in this field. The favorable policy environment and industrial application atmosphere also provide fertile ground for the rapid development of DP Technology.

From the first systematic deployment document on the artificial intelligence industry in 2017The "New Generation Artificial Intelligence Development Plan," the six ministries jointly issued the "Guiding Opinions on Accelerating Scenario Innovation to Promote High-Level Application of Artificial Intelligence for High-Quality Economic Development"; from the "Notice on Supporting the Construction of New Generation Artificial Intelligence Demonstration Application Scenarios" to the Ministry of Science and Technology launching the special deployment work of "Artificial Intelligence-Driven Scientific Research," officially announcing the "China New Generation Artificial Intelligence Science and Technology Industry Development 2024" and the "National Artificial Intelligence Industry Comprehensive Standardization System Construction Guidelines (2024 Edition)"... A series of heavy measures, deployments, and policies provide multi-angle, three-dimensional support and guidance for the development and advancement of China's new generation artificial intelligence science and technology industry.

Zhang Linfeng, founder and CSO of DP Technology, stated:This year's Nobel Prizes in Physics and Chemistry have both been awarded to pioneers in the application of AI in scientific research, which is a great encouragement and inspiration for DP Technology and AI for Science. The investment of state-owned capital, especially long-term and large-scale support, represents a country’s affirmation and promotion of the direction of scientific development and advanced technology. We are honored to be among the recognized and supported entities. DP Technology hopes to continue to deepen its work in AI for Science on a platform that is widely understood by the public, broadly recognized domestically, acknowledged by the state, and accepted globally. We will also strengthen the transformation of research into practical applications, effectively empowering industrial innovation and becoming a new productive force driving national economic development.

Sun Weijie, founder and CEO of DP Technology, said:We are deeply honored to have earned the trust and support of the Beijing Artificial Intelligence Industry Investment Fund and Beijing Zhongguancun Science City Innovation Development Co., Ltd. AI for Science represents the fifth paradigm of scientific research, which has already propelled our scientific exploration, continuously expanded the boundaries of knowledge, and applied more advanced results to practical production. From pioneers in machine learning with artificial neural networks and founders of protein structure prediction and design companies being awarded the Nobel Prize, to practitioners like DP Technology who represent the AI for Science movement, AI is further unleashing the productivity, creativity, and driving force of Science. With the strength of the nation, practicing the spirit of science, DP Technology gains immense support and momentum to further realize its vision originating from China and impacting the world.

The future development space for AI for Science is enormous, as it not only drives innovation in scientific research but also plays a significant role in the industrial sector. Through AI technology, the discovery and design processes of new materials and drugs are being accelerated, improving R&D efficiency and reducing costs, thereby promoting the upgrading and transformation of the entire industrial chain. DP Technology's deep cultivation in this field will undoubtedly provide new momentum and ideas for technological advancement and industrial upgrading in China and even globally.

With the support of state-owned assets, DP Technology will gain broader development space and richer resources. The company will continue to uphold the concept of "empowering industries through technology," constantly advancing research and application in the AI for Science field, and contributing to China's efforts to become a technological powerhouse.

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About DP Technology

DP Technology is a leader and practitioner in the "AI for Science" research paradigm. AI for Science involves using AI to learn a series of scientific principles and knowledge, and further addressing key issues in scientific research and industrial R&D fields.

DP Technology, relying on its deep cultivation in interdisciplinary fields, has built "Deep Potential · Cosmic Insight".^®"AI for Science large model system brings research methods in many disciplines from the 'experimental trial and error/computer' era into the 'pre-trained model era,' using 'micro-scale industrial design and simulation' as the entry point to createBohrium^®Bohr^®Research Space Station, Hermite^®Drug Computational Design Platform, RiDYMO^®Difficult-to-Drug Target R&D Platform and Piloteye^®Research and industrial R&D infrastructures such as battery design automation platforms have formed the "innovation-implementation" chain and open ecosystem for AI for Science, empowering "thousands of industries." This creates a new generation of industrial design and simulation systems for the most fundamental areas of human economic development: biomedicine, energy, materials, and information science and engineering research.

DP Technology is a national high-tech enterprise and a national specialized, refined, novel "little giant" enterprise, with research and development centers located in cities such as Beijing, Shanghai, and Shenzhen. The scientific research and technology team is led by an academician of the Chinese Academy of Sciences, gathering over a hundred outstanding young scientists and engineers from various fields including mathematics, physics, chemistry, biology, materials, and computer science. Among the company's members, more than 35% are PhDs and postdoctoral researchers. Core members have received the 2020 Gordon Bell Prize, the highest award in the global high-performance computing field, and their related work has been selected as one of China's top ten scientific advances in 2020 and one of the ten major technological breakthroughs in the global AI field.