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Genesis Therapeutics Closes Oversubscribed $200 Million Series B

PRIVATEAug 21, 2023

Amount Raised

$200 Million

Round Type

Series B

BurlingameBiotechnology

Investors

Andreessen Horowitz (a16z) Bio + HealthEli LillyGenentechMenlo VenturesRadical VenturesRock Springs CapitalT. Rowe Price AssociatesN VenturesBlack RockFidelity Management & Research Company

Description

Genesis Therapeutics, a company pioneering artificial intelligence (AI) technologies to create breakthrough medicines for patients with severe diseases, announced today that it has closed an oversubscribed $200 million round of Series B financing. The fresh capital will enable Genesis to evolve into a clinical stage company, further invest in its state-of-the-art AI platform, and ambitiously expand its discovery pipeline.

Quick answer

Genesis Therapeutics, Inc. raised $200 Million in a Series B round, dated August 21, 2023. Investors: Andreessen Horowitz (a16z) Bio + Health, Eli Lilly, Genentech, Menlo Ventures, Radical Ventures, Rock Springs Capital, T. Rowe Price Associates and N Ventures. Genesis Therapeutics, Inc. is based in Burlingame, California, United States.

How much did Genesis Therapeutics, Inc. raise?
Genesis Therapeutics, Inc. raised $200 Million in a Series B round on August 21, 2023.
Who invested in Genesis Therapeutics, Inc?
Andreessen Horowitz (a16z) Bio + Health, Eli Lilly, Genentech, Menlo Ventures, Radical Ventures, Rock Springs Capital, T. Rowe Price Associates and N Ventures are named as investors in this round.
What does Genesis Therapeutics, Inc. do?
Genesis Therapeutics – headquartered in Burlingame, CA, with a fully integrated laboratory in San Diego – is unifying AI and biotechnology to discover novel and breakthrough treatments for patients with severe and..
Where is Genesis Therapeutics, Inc. based and how big is it?
Genesis Therapeutics, Inc. is based in Burlingame, California, United States.
Who are the decision-makers at Genesis Therapeutics, Inc?
Fundz holds 2 contacts at Genesis Therapeutics, Inc., including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Oncodesign Precision Medicine raised an undisclosed amount (Funding Round) on October 5, 2023.
  • LyGenesis raised $18M on October 5, 2023.
  • Integral Molecular raised $900K (Seed) on October 5, 2023.
  • Inovedis raised an undisclosed amount (Series A) on October 5, 2023.
  • Experic raised an undisclosed amount (Series B) on October 5, 2023.
  • Interius raised $21M on October 5, 2023.

Who to call at Genesis Therapeutics, Inc., and when

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

  • An alert the day Genesis Therapeutics, Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Genesis Therapeutics, Inc., from your own LinkedIn network

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Company Information

Company

Genesis Therapeutics, Inc.

Location

1860 EL CAMINO REAL

Burlingame, California, United States

About

Genesis Therapeutics – headquartered in Burlingame, CA, with a fully integrated laboratory in San Diego – is unifying AI and biotechnology to discover novel and breakthrough treatments for patients with severe and devastating conditions. We are using a proprietary state-of-the-art generative and predictive AI platform called GEMS (Genesis Exploration of Molecular Space), to accelerate and optimize small molecule drug discovery.

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Fundz sees it the moment Genesis Therapeutics, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsEvan F., Executive Officer hidden hiddenSee plans and pricing
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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

Genesis Therapeutics, Inc. 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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