Fundz

Animol Discovery, Inc. Announces Series B Financing Of $34.0 Million To Advance Its Pipeline Of Novel Veterinary Pharmaceuticals

PRIVATEJul 28, 2022

Amount Raised

$34 Million

Round Type

Series B

BostonBiotechnology

Description

Animol Discovery, Inc., a pioneer in veterinary pharmaceutical discovery, today announced it has raised $34.0 million in Series B financing. The investment was led by Novalis Lifesciences, with participation from Finistere Ventures and existing investor Anterra Capital. The proceeds allow the company to expand and advance its pipeline of novel active pharmaceutical ingredients through clinical development and further enhance its cutting-edge drug discovery platform.

Quick answer

Animol raised $34 Million in a Series B round, dated July 28, 2022. Animol is based in Boston, Massachusetts, United States.

How much did Animol raise?
Animol raised $34 Million in a Series B round on July 28, 2022.
What does Animol do?
Animol is a drug discovery company that leverages the powerful combination of machine learning and DNA-encoded chemical libraries to build a proprietary pipeline of highly innovative pharmaceuticals for veterinary..
Where is Animol based and how big is it?
Animol is based in Boston, Massachusetts, United States.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Novabay raised $2.1M (Seed) on September 9, 2022.
  • PRECIDIAG raised $3M (Seed) on September 9, 2022.
  • Novabay raised $5.3M (Post-IPO Equity) on September 9, 2022.
  • ABK Biomedical raised $18M on September 9, 2022.
  • Cardinal Morrisville Biotech raised $500K (Seed) on September 9, 2022.
  • Kuria Therapeutics raised an undisclosed amount (Funding Round) on September 8, 2022.

Who to call at Animol, and when

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

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Company Information

Company

Animol

Location

ONE BOSTON PLACE, SUITE 3950

Boston, Massachusetts, United States

About

Animol is a drug discovery company that leverages the powerful combination of machine learning and DNA-encoded chemical libraries to build a proprietary pipeline of highly innovative pharmaceuticals for veterinary patients.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Animol 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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