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Turbine Raises EUR 5.7M to Advance Simulation-first Oncology Pipeline

PRIVATEJan 07, 2021

Round Type

Funding Round

BiotechnologyArtificial IntelligenceMachine LearningHealth Diagnostics

Description

Turbine, a company simulating cellular decision making to unlock novel oncology therapies, today announces the successful closing of its pre-Series A round by raising EUR 5.7 million (USD 6.85m). The transatlantic round was led by new investor Accel and included XTX Ventures and Boston Millenia Partners who joined the existing syndicate comprising Delin Ventures, Atlantic Labs and o2h Ventures.

Quick answer

Turbine raised an undisclosed amount in a Funding Round round, dated January 7, 2021.

How much did Turbine raise?
Turbine raised an undisclosed amount in a Funding Round round on January 7, 2021.
What does Turbine do?
Turbine was founded for a simple reason; to understand complex cancers better than existing experimental tools in order to solve unmet oncology needs.
Who are the decision-makers at Turbine?
Fundz holds 2 contacts at Turbine, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Diagnostics and Biotechnology around the same time

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

  • Synaptogenix raised $14M on February 12, 2021.
  • Rocket One raised $5M on January 8, 2021.
  • Corvex Legacy Holdings raised $13M on December 7, 2020.
  • Cleveland Diagnostics raised $19M (Funding Round) on February 9, 2021.
  • Opentrons Labworks raised $25M on February 9, 2021.
  • Kong raised $100M (Funding Round) on February 8, 2021.

Who to call at Turbine, and when

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Company Information

Company

Turbine

About

Turbine was founded for a simple reason; to understand complex cancers better than existing experimental tools in order to solve unmet oncology needs. Through a multidisciplinary team that unites computer science and molecular biology, and the world's most intricate simulation of cell behavior, we identify treatment options for the 70% of cancers that are currently unexplored. We use our platform, the Simulated Cell™, to uncover novel biological insights across both new and known targets. This allows us to provide a fresh biological context, define responsive patient populations, and design drug combination approaches that diminish resistance. With a process proven by clinical stage predictions and a proprietary pipeline, we continue our mission of unlocking cancer complexity to deliver next-generation precision therapeutics.

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Related People

2 contacts
Verified contactsSzabolcs N., CEO hidden hiddenSee plans and pricing
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Turbine 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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