Amount$16M
SeriesDebt
AnnouncedJul 20, 2023
Time since last round265 mo
SectorHealthcare, Drug Discovery, Clinical Development, Biomarkers, Target Discovery, Combination Selection, Indication Expansion, Drug Development, Pharmaceuticals, Biotech
Sub-sectorMachine Learning, Natural Language Processing, Artificial Intelligence
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Debt round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Healthcare, Drug Discovery, Clinical Development, Biomarkers, Target Discovery, Combination Selection, Indication Expansion, Drug Development, Pharmaceuticals, Biotech (5)
Round size in sector60th pct
$4Mthis round: $16M$20M
