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Relation Therapeutics raised $35M in Seed funding led by DCVC and NVentures to advance its osteoporosis pipeline and initiate discovery campaigns in new therapeutic areas.

PRIVATEMar 15, 2024

Amount Raised

$35 Million

Round Type

Seed

LauderhillBiotechnology

Investors

Deerfield Management CompanyARK InvestJonathan MilnerKhosla VenturesMagnetic VenturesN VenturesDcvc

Description

Relation Therapeutics, a biotechnology company based in London, UK, raised $35M in Seed funding led by DCVC and NVentures, with participation from other investors including Khosla Ventures, Abcam founder Jonathan Milner, ARK Invest, and Deerfield Management Company. The company intends to use the funds to advance its osteoporosis pipeline towards the clinic and initiate discovery campaigns in new therapeutic areas of high unmet need.

Quick answer

Relation Therapeutics raised $35 Million in a Seed round, dated March 15, 2024. Investors: Deerfield Management Company, ARK Invest, Jonathan Milner, Khosla Ventures, Magnetic Ventures, N Ventures and Dcvc. Relation Therapeutics is based in Lauderhill, Florida, United States.

How much did Relation Therapeutics raise?
Relation Therapeutics raised $35 Million in a Seed round on March 15, 2024.
Who invested in Relation Therapeutics?
Deerfield Management Company, ARK Invest, Jonathan Milner, Khosla Ventures, Magnetic Ventures, N Ventures and Dcvc are named as investors in this round.
What does Relation Therapeutics do?
Relation is pioneering a “Lab-in-the-Loop” that can integrate active learning at every step of drug discovery, from predicting cell states to the validation of new targets.
Where is Relation Therapeutics based and how big is it?
Relation Therapeutics is based in Lauderhill, Florida, United States. Fundz records about 111 employees.
Who are the decision-makers at Relation Therapeutics?
Fundz holds 2 contacts at Relation Therapeutics, including the COO & Co-founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Prescriby raised $2.2M (Seed) on April 29, 2024.
  • Cerevance raised $47M (Series B) on April 29, 2024.
  • Locate Bio raised $12M (Debt Financing) on April 29, 2024.
  • Klineo raised $2.2M (Seed) on April 29, 2024.
  • 4P-Pharma raised $16M (Private Equity) on April 29, 2024.
  • AI Medical Technology raised $1.3M (Seed) on April 29, 2024.

Who to call at Relation Therapeutics, and when

A new round usually means Relation Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Relation Therapeutics

Location

338 Euston Road

Lauderhill, Florida, United States

About

Relation is pioneering a “Lab-in-the-Loop” that can integrate active learning at every step of drug discovery, from predicting cell states to the validation of new targets. An important challenge for any therapeutics company using machine learning is “ground-truth data,” or information known to be true. Working from real cells provided by proprietary biobanks, Relation’s technology generates genomic data that provide direct insights into critical biological relationships that are fed directly into its ML systems. The platform then requests new experiments to improve its predictive ability, cutting through an otherwise intractable combinatorial space.

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Related People

2 contacts
Verified contactsBenjamin S., COO & Co-founder hidden hidden hiddenSee plans and pricing
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Relation Therapeutics 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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