Budapest University Spinout Turbine Ai Raises €25.5M For Merging Biology And Ai For Cancer Treatments
Amount Raised
€25.5 Million
Round Type
Funding Round
Investors
Description
An AI healthcare University spin out from Budapest, Turbine AI, which uses cell simulations to guide biopharma R&D and bring the right drug to every patient in need, has secured €5.5 million in Series A funding. This investment brings the company’s oversubscribed Series A round to €25.5 million. The latest round was led by MassMutual Ventures (that recently also backed Zluri and Griffin). The London-based company’s $20m round in 2022 was also backed by Accel, Mercia, MSD Global Health Innovation (GHI) Fund
Quick answer
Turbine raised €25.5 Million in a Funding Round round, dated June 20, 2023. Investors: Pasqal, Caps Reset, Escape, MSD Global Health Innovation Fund, Mercia, Accel and Mass Mutual Ventures.
- How much did Turbine raise?
- Turbine raised €25.5 Million in a Funding Round round on June 20, 2023.
- Who invested in Turbine?
- Pasqal, Caps Reset, Escape, MSD Global Health Innovation Fund, Mercia, Accel and Mass Mutual Ventures are named as investors in this round.
- 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.
- FeelBetter raised $5.9M (Funding Round) on July 31, 2023.
- CathVision raised $9M (Funding Round) on July 18, 2023.
- Lucem Health raised an undisclosed amount (Series A) on May 9, 2023.
- Sports Visio, Inc. raised $3M (Seed) on August 4, 2023.
- Persist AI raised $4M (Seed) on August 4, 2023.
- PredxBio raised $601K (Seed) on August 4, 2023.
Who to call at Turbine, and when
A new round usually means Turbine is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Turbine raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Turbine, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Turbine. With Fundz connected, it knows.
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Related People
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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