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Mithrl raises $20 million in a Series A round led by Obvious Ventures to advance its custom AI infrastructure for biopharma.

PRIVATESep 15, 2026•1 day ago

Amount Raised

$20 Million

Round Type

Series A

San FranciscoBiotechnologyArtificial IntelligenceMachine Learning

Investors

Agi HouseHeadlineObvious Ventures

Description

Mithrl, the AI infrastructure company for biopharma, announced a $20 million Series A round. The funding, led by Obvious Ventures and supported by other investors, will enhance Mithrl's second-generation platform. This platform utilizes a proprietary biomedical world model integrated with advanced AI technologies. The goal is to optimize AI infrastructure in the biopharmaceutical sector.

Company Information

Company

Mithrl

Location

San Francisco, California, United States

About

Mithrl is an AI infrastructure company focused on the biopharma sector. It develops advanced platforms that utilize proprietary biomedical world models to optimize AI technologies. The company aims to enhance drug discovery and development through sophisticated AI-driven solutions.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Mithrl 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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