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Biolevate raised €6M in a Seed funding round led by EQT Ventures to enhance the efficiency of medical writing for new drugs.

PRIVATENov 26, 2024

Amount Raised

€6 Million

Round Type

Seed

ParisArtificial IntelligenceMachine LearningNatural Language Processing

Investors

EQT Ventures

Description

Biolevate, based in Paris, has secured €6 million in a Seed funding round to assist medical writers through a platform utilizing NLP and visual document reading. The funding was led by EQT Ventures, aiming to improve the documentation process in the highly labor-intensive drug development sector.

Quick answer

Biolevate raised €6 Million in a Seed round, dated November 26, 2024. Investors: EQT Ventures. Biolevate is based in Paris, Ile-de-France, France.

How much did Biolevate raise?
Biolevate raised €6 Million in a Seed round on November 26, 2024.
Who invested in Biolevate?
EQT Ventures is named as investors in this round.
What does Biolevate do?
Biolevate is a Paris-based company that assists medical writers in creating documentation for new drugs through its platform.
Where is Biolevate based and how big is it?
Biolevate is based in Paris, Ile-de-France, France. Fundz records about 17 employees.
Who are the decision-makers at Biolevate?
Fundz holds 2 contacts at Biolevate. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Artificial Intelligence around the same time

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

  • Verses Technologies raised $9.8M on January 9, 2025.
  • Stepfun raised an undisclosed amount (Series B) on December 27, 2024.
  • Perplexity raised $500M (Funding Round) on December 18, 2024.
  • Hamming.ai raised $3.8M (Seed) on December 18, 2024.
  • Fraction AI raised $6M (Pre-Seed) on December 18, 2024.
  • Salt AI raised $3M (Seed) on December 17, 2024.

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Company Information

Company

Biolevate

Location

Paris, Ile-de-France, France

About

Biolevate is a Paris-based company that assists medical writers in creating documentation for new drugs through its platform. By employing natural language processing (NLP) and visual document reading, it optimizes the creation and management of research and compliance documents. The company's platform acts as an AI assistant, streamlining the often labor-intensive process of medical writing. Biolevate recently gained recognition by being listed among Station F’s Future 40.

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

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