Faro AI Raises $37.3M in Series B Funding to Enhance AI Capabilities.
PRIVATEAug 26, 2026
Amount Raised
$37.3 Million
Round Type
Series B
San DiegoBiotechnologySoftwareArtificial IntelligenceMachine Learning
Investors
General CatalystNorthpond VenturesPolaris PartnersPTX CapitalZettaAnkona CapitalMerck Global Health Innovation FundS32
Description
Faro AI, Inc., a San Diego-based developer of AI infrastructure, secured $37.3M in Series B financing. The round was co-led by Merck Global Health Innovation Fund and S32, with participation from existing and new investors. Funds will be used to expand agentic AI capabilities and support their client work. Faro serves pharmaceutical and biotechnology organizations.
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Company Information
Company
Faro AI
Location
San Diego, California, United States
About
Faro AI, Inc. is a developer of a structured data and AI infrastructure for modern clinical development. The company provides a system that translates complex scientific, medical, regulatory, and operational concepts into structured intent for software and AI agents. Faro serves pharmaceutical and biotechnology organizations and aims to enhance its agentic AI capabilities with its recent funding. Led by CEO Scott Chetham, Faro focuses on helping development teams automate workflows across the clinical development lifecycle.
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San DiegoBiotechnologySoftwareArtificial IntelligenceMachine Learning