AMPLY Discovery
Techstars '23Belfast, GB · Founded 2022 · 7 employees on LinkedIn · 12 known investors
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AMPLY Discovery is a UK-based biotech company that uses AI and computational biology to identify therapeutic targets in non-coding regions of the genome and develop first-in-class drugs through an integrated discovery platform combining machine learning with wet-lab validation. The company is developing therapeutics for oncology and drug-resistant infectious diseases, particularly antimicrobial-peptide and long non-coding RNA oligonucleotide programmes.
Also known as AMPLY · Amply Discovery
Founders & leadership
Investors · 12
How we know: Clarendon Fund Managers Ltd.'s portfolio page · Not right? Tell us
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: research · uktechnews.info · Not right? Tell us
How we know: the Companies House PSC register · the Companies House shareholder list · Not right? Tell us
Also in the syndicate · 7
Funding
SEC filings, press & company announcements- Undisclosed amountSeedMay 2025 · 2 sources
Twin Path Ventures (lead), British Business Bank, Co-Fund NI, QUBIS Limited, Venture Science
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Sep 2026AMPLY Discovery is a Belfast-based biotechnology company spun out of Queen's University Belfast to commercialise a computational drug discovery platform developed over roughly a decade of academic research, including work in the Creevey Lab and the university's School of Biological Sciences. Its proprietary platform, AMPLYfolioAI, applies machine learning and predictive analytics to large genomic datasets generated by next-generation sequencing in order to predict molecular function, identify new genetic targets and design therapeutic molecules built from amino acids and oligonucleotides. In silico predictions are then bio-printed and validated through in vitro synthetic biology experiments, and in vivo testing, giving the company an integrated computational and wet-lab workflow.
The company operates two flagship preclinical programme areas. The first is gene-silencing/RNA interference therapy for genetically mediated and aggressive cancers, including acute myeloid leukaemia and triple-negative breast cancer. The second is inhaled or nebulised antimicrobial peptide therapy for chronic and drug-resistant lung infections, including multi-drug resistant tuberculosis. The company frames both efforts around the same premise: that one-size-fits-all treatments fail to account for genetic diversity, leaving poor outcomes in aggressive cancers and rising antimicrobial resistance.
Founding story
The platform originated with Dr Ben Thomas, who moved from a background in financial markets and financial modelling into computational biology, initially exploring whether stock-market prediction techniques could be applied to drug discovery. The work began with his PhD (completed at Aberystwyth University) and continued through post-doctoral research at Queen's University Belfast. At Queen's he met Dermot Tierney, then working in the university's technology transfer office after an MBA and a move from industry, and the two agreed to spin the company out. Thomas has cited his father's death from a drug-resistant infection as a personal motivation. Prof Chris Creevey, a computational biologist whose lab produced more than a decade of the underlying research, is also named as a co-founder.
Business model
AMPLY operates as a drug discovery studio rather than a single-asset developer: it runs internal R&D programmes that discover and validate de novo, first-in-class biologic drug candidates and intends to out-license those assets to downstream biopharma partners at an early stage of development. Platform validation across multiple diseases is pursued alongside pipeline building.
The stated commercial path is out-licensing internally discovered and validated drug candidates to biopharmaceutical licensees once programmes are further along the development pathway.
Traction
Preclinical programmes are underway in gene-silencing therapies for acute myeloid leukaemia and triple-negative breast cancer and in inhaled antimicrobial peptides for drug-resistant lung infections, including multi-drug resistant tuberculosis. The company has attracted competitive grant awards from Innovate UK and Innosuisse, places on the Techstars Chicago and NI Launchpad programmes, and equity backing from Twin Path Ventures, Venture Science, Co-Fund NI, the British Business Bank and QUBIS.
Latest developments
In May 2025 AMPLY announced a $1.75m (£1.3m) seed round led by Twin Path Ventures, with Venture Science, Co-Fund NI, the British Business Bank and QUBIS participating, to advance its discovery programmes through the preclinical stage and expand its biologics pipeline. In November 2025 Dr Oliver Rausch, a drug-discovery scientist with a background in biochemistry, cell biology and translational research, joined as Chief Scientific Officer.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
AMPLY positions itself as a platform company rather than a single-asset biotech, pursuing technical validation of its discovery engine alongside programmes in diseases with high unmet need. It is described as an example of life-science company formation in the Northern Ireland ecosystem and has been named in a report on top pharma industry trends and innovations for 2025 and in a list of 100 Irish start-ups to watch in 2025.
The company contrasts its approach with rational drug design, arguing that nature-derived molecules remain largely untapped and that function-based prediction avoids the incremental structural iteration of conventional design. It emphasises a platform, multi-programme model over single-asset development, a proprietary experimental dataset, and the ability to move from in silico prediction to rapid in vitro and in vivo validation.
Technology
AMPLYfolioAI combines machine learning and predictive analytics with next-generation sequencing data and synthetic biology. The platform mines large biological datasets to predict molecular function independently of structure or sequence, identifies candidate genetic targets, and synthesises biologic modalities suited to bio-printing, such as proteins, peptides and RNA. Molecules are then produced and tested in vitro, generating further training data, with validation extending to in vivo testing. Investors have cited the company's proprietary experimental dataset and an AI approach that incorporates human expertise.
Go-to-market
AMPLY develops assets internally through preclinical stages with a mix of grant funding, equity investment and university/accelerator programmes, then seeks partnering and out-licensing with biopharma companies. It has participated in accelerator and trade programmes including Techstars Chicago and a Global Business Innovation Programme in Sweden focused on advanced therapies.
Downstream biopharmaceutical licensees that in-license early-stage, validated drug candidates; the ultimate patient populations are those with aggressive cancers such as triple-negative breast cancer and acute myeloid leukaemia, and patients with chronic and multi-drug resistant lung infections.
Geography
Headquartered in Belfast, Northern Ireland, with part of the team based in London working from a collaborating university lab.
History
Sources describe the company as spun out of Queen's University Belfast in 2021 following about a decade of underlying research. In September 2022 it raised £900,000 in combined equity and grant funding to tackle infectious diseases, from Innovate UK, Co-Fund NI, the QUBIS Innovation Fund, the Helix Way Partnership and members of the Halo Business Angel Network. In December 2023 it was selected for the Techstars Chicago AI programme. In February 2024 it announced £1.4m (reported by the company as €1.6 million from Innovate UK) for its drug discovery studio, including £835,000 from Innovate UK and Innosuisse for an RNAi therapy for acute myeloid leukaemia and more than £600,000 from Innovate UK for a nebulised antimicrobial for multi-drug resistant tuberculosis. It was awarded funding under the NI Launchpad Programme in 2024 and under the Innovate UK Microbial Accelerator Programme. In May 2025 it announced a $1.75m (£1.3m) seed round led by Twin Path Ventures. In November 2025 Dr Oliver Rausch joined as Chief Scientific Officer.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 10
launches, deals, and filingsDr Oliver Rausch, a drug-discovery scientist with a background in biochemistry, cell biology and translational research, joined as Chief Scientific Officer.
Seed round of $1.75m (about £1.3m) led by London-based Twin Path Ventures with participation from Venture Science, Co-Fund NI, the British Business Bank and QUBIS Limited, to advance preclinical discovery programmes.
$1.8M source ↗
Announced £1.4m to invest in its drug discovery studio, including £835,000 from Innovate UK and Innosuisse for an RNAi therapy for acute myeloid leukaemia and over £600,000 from Innovate UK for a nebulised antimicrobial for multi-drug resistant tuberculosis. The company described the award as €1.6 million from Innovate UK.
AMPLY Discovery was selected as one of 12 AI startups to participate in Techstars Chicago.
Raised £900,000 in a mix of equity and grant funding from Innovate UK, Co-Fund NI, the QUBIS Innovation Fund, the Helix Way Partnership and members of the Halo Business Angel Network to develop products tackling multi-drug resistant pathogens.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureCompanies House · registry record
View on Companies House ↗- Registered name
- AMPLY DISCOVERY LIMITED
- Company number
- NI676691
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 19 Feb 2021
- Registered office
- C/O Qubis Ltd, 63 University Road, Belfast, BT7 1NF
- Nature of business (SIC)
- 72110 — Research and experimental development on biotechnology
- Accounts
- last made up to 28 Feb 2026 · next due 30 Nov 2027
- Confirmation statement
- last made up to 6 Mar 2026 · next due 20 Mar 2027
Current officers · 5
- Mark Granville Beards — director, appointed 24 Feb 2023
- Christopher James Creevey — director, appointed 19 Feb 2021
- Anne Elizabeth Dornan — director, appointed 19 Feb 2021
- Benjamin James Thomas — director, appointed 19 Feb 2021
- Dermot Tierney — director, appointed 19 Feb 2021
Source: Companies House public register · retrieved 24 Jul 2026. Contains public sector information licensed under the Open Government Licence v3.0.
In the news
▸Research sources · 8
primary sources listed
- AMPLY Discovery secures £1.3 million Seed Investment led by Twin Path Venturesuktechnews.info · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does AMPLY Discovery do?
- Queen's University Belfast spin-out using AI and synthetic biology to discover peptide, protein and RNA drug candidates.
- Who are AMPLY Discovery's investors?
- AMPLY Discovery's investors include Clarendon Fund Managers Ltd., Techstars, Twin Path Ventures, British Business Bank, QUBIS.
- Where is AMPLY Discovery headquartered?
- AMPLY Discovery is headquartered in Belfast, GB.



