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Formation Bio raised $372MM in a Series D funding led by a16z with participation from Sanofi and other investors
Amount Raised
$372 Million
Round Type
Series D
New YorkBiotechnologyHealth CareArtificial IntelligencePharmaceuticalInvestors
Description
Formation Bio, a tech-driven and AI-native pharma company, raised $372MM in a Series D financing round. The funding was led by a16z with significant participation from Sanofi, along with other existing and new investors. The company aims to use the funding to grow its drug pipeline and continue expanding its AI-driven drug development platform.
Fundz sees it the moment Formation Bio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Formation Bio 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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