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Promise Bio raised $8.3 million in Seed funding led by Awz Ventures to develop its precision medicine tool for immune-mediated diseases.

PRIVATEDec 16, 2024

Amount Raised

$8.3 Million

Round Type

Seed

Tel AvivBiotechnologyHealth CareTherapeutics

Investors

Israel Innovation AuthorityPfizerAwz VenturesAstraZeneca

Description

Promise Bio has announced its emergence from stealth with a Seed investment of $8.3 million. The funding round was led by Awz Ventures with contributions from AstraZeneca, Pfizer, and a grant from the Israel Innovation Authority.

Quick answer

Promise Bio raised $8.3 Million in a Seed round, dated December 16, 2024. Investors: Israel Innovation Authority, Pfizer, Awz Ventures and AstraZeneca. Promise Bio is based in Tel Aviv, Tel Aviv District, Israel.

How much did Promise Bio raise?
Promise Bio raised $8.3 Million in a Seed round on December 16, 2024.
Who invested in Promise Bio?
Israel Innovation Authority, Pfizer, Awz Ventures and AstraZeneca are named as investors in this round.
What does Promise Bio do?
Promise Bio is a startup focused on transforming the treatment of immune-mediated diseases through advanced precision medicine solutions.
Where is Promise Bio based and how big is it?
Promise Bio is based in Tel Aviv, Tel Aviv District, Israel.
Who are the decision-makers at Promise Bio?
Fundz holds 2 contacts at Promise Bio. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Promise Bio

Location

Tel Aviv, Tel Aviv District, Israel

About

Promise Bio is a startup focused on transforming the treatment of immune-mediated diseases through advanced precision medicine solutions. The company has developed a computational platform that integrates epiproteomics and artificial intelligence to predict patient treatment responses and support drug development. Founded by experts with backgrounds in protein modifications and immune response, Promise Bio is dedicated to eliminating the trial-and-error approach in current biological treatments. Their innovative platform aims to deliver personalized treatment options by leveraging critical biological data.

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Promise Bio 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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