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Allozymes raised $15M in a series A to grow its business and expand its enzyme-tailoring services.

PRIVATEMay 03, 2024

Amount Raised

$15 Million

Round Type

Series A

SingaporeBiotechnology

Description

Allozymes has raised a $15 million series A funding round to expand its business and accelerate the screening of enzyme variants, aiming to reach 20 million variants per day. The company plans to offer more from-scratch work and expand its enzyme-tailoring services to fulfill a wider range of needs.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Allozymes that raised within 45 days of this round, from Fundz verified event records.

  • Immunis raised $20M on June 17, 2024.
  • Primrose Bio raised $15M on June 17, 2024.
  • Elion Therapeutics raised $81M (Series B) on June 17, 2024.
  • Insightec raised $150M on June 17, 2024.
  • Naveris raised $17M on June 17, 2024.
  • Maximum Fidelity Surgical Simulations raised $2.2M (Seed) on June 17, 2024.

Who to call at Allozymes, and when

A new round usually means Allozymes is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Allozymes raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Allozymes, from your own LinkedIn network

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Company Information

Company

Allozymes

Location

Singapore, Southeast Asia, Singapore

About

Allozymes is a biotech startup specializing in quickly testing millions of bio-based chemical reactions and providing enzyme optimization as a service.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Allozymes raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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