Amount Raised
$2.5 Million
Round Type
Pre-Series A
BengaluruBiotechnologyInvestors
Description
Deeptech startup Algorithmic Biologics Pvt. Ltd (AlgoBio) has raised $2.5 million in a pre-Series A funding round led by Bharat Innovation Fund (BIF), with participation from existing investor Axilor Ventures. The startup will use the fresh proceeds to support the product pipeline, build its sales team and expand its presence across geographies.
Quick answer
Algorithmic Biologics raised $2.5 Million in a Pre-Series A round, dated February 3, 2024. Investors: Axilor Ventures and Bharat Innovation Fund. Algorithmic Biologics is based in Bengaluru, Karnataka, India.
- How much did Algorithmic Biologics raise?
- Algorithmic Biologics raised $2.5 Million in a Pre-Series A round on February 3, 2024.
- Who invested in Algorithmic Biologics?
- Axilor Ventures and Bharat Innovation Fund are named as investors in this round.
- What does Algorithmic Biologics do?
- Algorithmic Biologic's vision is to create a bountiful and healthy world by bringing scale efficiencies to molecular discovery and diagnostics.
- Where is Algorithmic Biologics based and how big is it?
- Algorithmic Biologics is based in Bengaluru, Karnataka, India. Fundz records about 14 employees.
- Who are the decision-makers at Algorithmic Biologics?
- Fundz holds 2 contacts at Algorithmic Biologics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as Algorithmic Biologics that raised within 45 days of this round, from Fundz verified event records.
- SENISCA raised $4.7M (Seed) on March 19, 2024.
- Flosonics Medical raised $20M (Series C) on March 19, 2024.
- Portal raised $5M (Pre-Seed) on March 19, 2024.
- Engrail Therapeutics raised $157M (Series B) on March 19, 2024.
- Portal raised $5M (Pre-Seed) on March 19, 2024.
- Elicio Therapeutics raised $6M (Post-IPO Equity) on March 19, 2024.
Who to call at Algorithmic Biologics, and when
A new round usually means Algorithmic Biologics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Algorithmic Biologics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Algorithmic Biologics, from your own LinkedIn network
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