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VRG Therapeutics announces validation of its AI-powered drug discovery platform and opens USD 15 million funding round

PRIVATEFeb 20, 2024

Amount Raised

$15 Million

Round Type

Series B

BudapestBiotechnology Research

Description

VRG Therapeutics announces experimental validation of its AI-powered drug discovery platform and opens USD 15 million funding round.

Quick answer

VRG Therapeutics raised $15 Million in a Series B round, dated February 20, 2024. VRG Therapeutics is based in Budapest, Budapest, Hungary.

How much did VRG Therapeutics raise?
VRG Therapeutics raised $15 Million in a Series B round on February 20, 2024.
What does VRG Therapeutics do?
Our mission is to cure diseases via targets and MoAs that cannot be reached with traditional approaches.
Where is VRG Therapeutics based and how big is it?
VRG Therapeutics is based in Budapest, Budapest, Hungary.
Who are the decision-makers at VRG Therapeutics?
Fundz holds 1 contact at VRG Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology Research around the same time

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

  • Bio-AI Health Inc. raised $500K (Seed) on April 5, 2024.
  • Baseimmune raised $11M (Series A) on February 26, 2024.
  • eFeed raised $10M (Seed) on February 21, 2024.
  • Colipi raised $1.9M (Seed) on February 19, 2024.
  • FreezeM raised $14M (Series A) on February 15, 2024.
  • SingleTimeMicroneedles raised an undisclosed amount (Pre-Seed) on February 14, 2024.

Who to call at VRG Therapeutics, and when

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

  • An alert the day VRG Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at VRG Therapeutics, from your own LinkedIn network

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Company Information

Company

VRG Therapeutics

Location

Budapest, Budapest, Hungary

About

Our mission is to cure diseases via targets and MoAs that cannot be reached with traditional approaches. Leveraging our unique platform, we optimize peptides/proteins of natural origin using directed evolution to create cutting-edge CGT products or peptide-based pharmaceuticals. VRGT’s management and staff members were selected based on their international research experience and outstanding pharma industry achievements. Our people have outstanding professional expertise in preclinical/clinical R&D and scientific project management, pharmacology, business development and medical marketing. For years, they have worked in the most prestigious academic institutes, such as Fred Hutchinson Cancer Research Center, Karolinska Institute, Harvard University, Weizmann Institute of Science and several leading pharma companies.

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Fundz sees it the moment VRG Therapeutics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

VRG Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.