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Modicus Prime raised $3.5M in Seed funding led by Silverton Partners to automate biologics image analysis

PRIVATEJul 15, 2024

Amount Raised

$3.5 Million

Round Type

Seed

AustinHealthcareSoftwareArtificial IntelligenceMachine Learning

Investors

Alumni VenturesSilverton Partners

Description

Modicus Prime, an Austin, TX-based computer vision software provider, raised $3.5M in Seed funding led by Silverton Partners. The company intends to use the funds to further service their international pharmaceutical customers with additional customer support.

Quick answer

Modicus Prime raised $3.5 Million in a Seed round, dated July 15, 2024. Investors: Alumni Ventures and Silverton Partners. Modicus Prime is based in Austin, Texas, United States.

How much did Modicus Prime raise?
Modicus Prime raised $3.5 Million in a Seed round on July 15, 2024.
Who invested in Modicus Prime?
Alumni Ventures and Silverton Partners are named as investors in this round.
What does Modicus Prime do?
Modicus Prime's Self-Service software places cutting-edge AI where it belongs: in the hands of biotechnology experts.
Where is Modicus Prime based and how big is it?
Modicus Prime is based in Austin, Texas, United States. Fundz records about 15 employees.
Who are the decision-makers at Modicus Prime?
Fundz holds 2 contacts at Modicus Prime, including the Director of Quality Assurance. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Software around the same time

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

  • Team-GPT raised $3.7M on August 29, 2024.
  • Codeium raised $150M (Funding Round) on August 29, 2024.
  • Moveo.AI raised $2.6M (Seed) on August 27, 2024.
  • Katara raised $2.2M (Seed) on August 27, 2024.
  • just words raised $1.7M (Seed) on August 27, 2024.
  • Nectar AI raised $3.9M (Seed) on August 26, 2024.

Who to call at Modicus Prime, and when

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  • Who you already know at Modicus Prime, from your own LinkedIn network

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Company Information

Company

Modicus Prime

Location

Austin, Texas, United States

About

Modicus Prime's Self-Service software places cutting-edge AI where it belongs: in the hands of biotechnology experts. Our computer vision solution, mpVision, provides intelligent image analysis to monitor biologics at any scale. mpVision has been tested by scientists in a Top 10 Pharma company supporting our mission to eliminate contamination from the pharmaceutical industry. These contaminations cost 100’s of millions of dollars per incident as illustrated by the recent Covid vaccine 60 M incident experienced by J&J/AstraZeneca/Emergent. Such unmet needs of the Life Sciences industry, including real-time product quality assurance, full agency compliance, faster go-to-market, and reduced operating costs, are being met with Modicus Prime’s Self-Service AI solution.

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Related People

2 contacts
Verified contactsArsen G., Director of Quality Assurance hidden hiddenSee plans and pricing
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Modicus Prime 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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