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Envisagenics Raises Series A Financing To Scale Its Ai-Powered Rna Splicing Drug Discovery Platform

PRIVATESep 29, 2021

Round Type

Series A

New YorkBiotechnologyData And AnalyticsHealth CareScience And EngineeringArtificial Intelligence

Description

Envisagenics, an Artificial Intelligence-driven biotechnology company focused on the discovery and development of novel RNA splicing therapeutics, secured Series A financing to scale its drug discovery platform and biopharmaceutical partnerships. Red Cell Partners led the financing, which included investments from Microsoft's M12, Madrona Venture Group, Third Kind Venture Capital, Dynamk Capital, and Empire State Development's venture capital arm, New York Ventures.

Quick answer

Envisagenics raised an undisclosed amount in a Series A round, dated September 29, 2021. Envisagenics is based in New York, New York, United States.

How much did Envisagenics raise?
Envisagenics raised an undisclosed amount in a Series A round on September 29, 2021.
What does Envisagenics do?
Envisagenics is an AI-driven biotechnology company harnessing the therapeutic potential of RNA splicing.
Where is Envisagenics based and how big is it?
Envisagenics is based in New York, New York, United States.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Science And Engineering around the same time

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

  • Exscientia raised $510M (Post-IPO Equity) on October 5, 2021.
  • DeepCure raised $40M (Series A) on November 8, 2021.
  • Cardurion Pharmaceuticals raised an undisclosed amount on October 27, 2021.
  • American Bitcoin raised $18M on October 20, 2021.
  • Delix Therapeutics raised $70M (Series A) on September 27, 2021.
  • HealthSnap raised $5M on November 10, 2021.

Who to call at Envisagenics, and when

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

  • An alert the day Envisagenics raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Envisagenics

Location

New York, New York, United States

About

Envisagenics is an AI-driven biotechnology company harnessing the therapeutic potential of RNA splicing. Over 95% of human genes undergo alternative splicing, a process generating multiple RNA isoforms from a single gene. Alternative splicing holds the key to understanding and targeting over 370 diseases, including cancer and neurodegenerative disorders. SpliceCore boasts an impressive 400-fold increase in transcriptomic search space compared to conventional tools for target identification. Leveraging our extensive map of over 14 million RNA splicing events, SpliceCore enables the discovery of disease-specific targets, paving the way for the rational design and development of RNA therapeutics and immunotherapies.

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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

Envisagenics 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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