Fundz

Persist Ai Formulations announced it raised $4.89 Million in an initial filing from an offering of $5.47 Million

PRIVATEApr 24, 2023

Amount Raised

$4.89 Million

Round Type

Seed

West SacramentoManufacturingBiotechnologyHealth CareArtificial IntelligencePharmaceutical

Company Information

Company

Persist AI

Location

890 Embarcadero Dr.

West Sacramento, California, United States

About

Persist AI is revolutionizing pharmaceutical development through AI-driven robotics for formulation development and CMC. By combining predictive AI models with automated robotic systems, Persist AI enables pharmaceutical companies to develop drug formulations in a fraction of the time and cost of traditional approaches. The company works across multiple modalities and formulation types to accelerate bringing novel therapeutics to patients. Persist AI is a Y Combinator-backed company, having graduated from the prestigious startup accelerator in 2023.

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Persist AI 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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