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In a recent Series A funding round, Leucine, a B2B software-as-a-service start-up, has successfully secured $7 million in investments. Ecolab Inc spearheaded this round, with significant contributions from key players like Pravega Ventures, Axilor Ventures, Techstars, and several angel investors. The substantial funding injection is geared towards expediting the advancement of Leucine's Compliance Cloud platform and its suite of artificial intelligence (AI)-driven tools specifically designed for the pharmaceutical manufacturing sector. Additionally, Leucine has unveiled the beta launch of Leucine10x, an innovative AI framework crafted to streamline various aspects of pharmaceutical manufacturing processes.
At the heart of Leucine's offerings is the Compliance Cloud, a digital twin of pharmaceutical manufacturing floors. This platform provides real-time performance monitoring, comprehensive compliance management, and actionable insights. What sets Leucine apart is its incorporation of AI-driven capabilities, enabling not only the swift digital transformation of manufacturing workflows but also the provision of proactive insights. This unique approach ensures that pharmaceutical companies can operate with optimal efficiency while adhering meticulously to regulatory standards.
Leucine's CEO and co-founder, Vivek Gera, highlighted the longstanding challenges faced by the industry due to paper-based manufacturing records, which have led to regulatory complications, escalated production costs, and inefficiencies. Traditional solutions, Gera pointed out, suffer from drawbacks such as prolonged implementation cycles and rigid, isolated applications.
Rohit Jain, a partner at Pravega Ventures, emphasised that this recent funding infusion would empower Leucine to leverage large learning models (LLMs) and related technologies, paving the way for significant enhancements in pharmaceutical manufacturing processes.
What sets Leucine apart is its proprietary AI-enabled digital process builder, allowing the platform to be deployed in a mere eight weeks. This tool swiftly converts paper-based standard operating procedures (SOPs) into digital formats ready for execution.
Presently, Leucine's cutting-edge solutions are operational in more than 300 pharmaceutical manufacturing facilities across 10 countries, including prominent nations like the US, India, Brazil, Mexico, and the United Arab Emirates. Over the past year, the company has witnessed a remarkable twofold increase in the number of manufacturing facilities adopting its products, underlining the growing industry recognition and adoption of Leucine's innovative solutions.
Source: Business Standard
In a recent Series A funding round, Leucine, a B2B software-as-a-service start-up, has successfully secured $7 million in investments.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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