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insitro Raises $400 Million in Series C Financing

PRIVATEMar 15, 2021

Amount Raised

$400 Million

Round Type

Series C

San FranciscoBiotechnologyHealth CareTherapeutics

Description

insitro, a machine learning-driven drug discovery and development company, today announced that it has raised $400 million in a Series C financing. The financing was led by Canada Pension Plan Investment Board (CPP Investments), with significant participation from current investors Andreessen Horowitz, funds and accounts advised by T. Rowe Price Associates, Inc., Casdin Capital, and funds and accounts managed by BlackRock as well as ARCH Venture Partners, Foresite Capital, GV, Third Rock Ventures, Two Sigma Ventures, HOF Capital and Alexandria Venture Investments. Also joining in the round are Temasek, Softbank Investment Advisors, an undisclosed leading global investment group, and an undisclosed market-leading payer provider health system in the United States

Quick answer

Insitro raised $400 Million in a Series C round, dated March 15, 2021. Insitro is based in San Francisco, California, United States.

How much did Insitro raise?
Insitro raised $400 Million in a Series C round on March 15, 2021.
What does Insitro do?
Insitro is an AI therapeutics company focused on drug discovery and development.
Where is Insitro based and how big is it?
Insitro is based in San Francisco, California, United States.
Who are the decision-makers at Insitro?
Fundz holds 1 contact at Insitro. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Revelation Biosciences raised $4.4M (Series A) on April 22, 2021.
  • RxMP Therapeutics raised $1M (Seed) on April 21, 2021.
  • Os Therapies raised $6M (Series A) on April 20, 2021.
  • Liquidia raised $22M on April 16, 2021.
  • Alchemab Therapeutics raised $78M (Series A) on April 15, 2021.
  • CUREMARK LLC raised $1.5M (Seed) on April 14, 2021.

Who to call at Insitro, and when

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Company Information

Company

Insitro

Location

279 East Grand Avenue, Suite 200

San Francisco, California, United States

About

Insitro is an AI therapeutics company focused on drug discovery and development. The company utilizes machine learning techniques to enhance and expedite the process of pharmaceutical research. Insitro aims to transform the way drugs are discovered and developed, improving outcomes in healthcare. It has garnered respect in the biotech industry for its innovative approach.

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Related People

1 contact
Verified contacts5 people are listed at Insitro. We don't have their email yet.See plans and pricing
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