Formation Bio

Formation Bio is a tech-driven, AI-native pharmaceutical company revolutionizing drug development. By leveraging a proprietary technology platform, they expedite the development of treatments, aiming to meet critical unmet patient needs efficiently without compromising quality or safety. They acquire clinical-stage drugs from various sources and enhance their development process to achieve faster inflection points than industry norms. Their multidisciplinary team combines extensive expertise in drug selection, development, and technology, having collectively worked on over 45 approved drugs, ensuring a robust and innovative approach to bringing new treatments to patients.

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Funding Round
Funding Amount
Post-Money Valuation
Share Price
Series D26 Jun, 2024
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Series C30 Sep, 2021
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Series B1 Oct, 2018
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Series A28 Sep, 2017
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Seed1 Jun, 2016
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Formation Bio
Jun 26, 2024 Show on chart

Formation Bio secures $372MM Series D funding to grow drug pipeline and continue expanding AI-driven drug development platform

The company plans to allocate the new capital towards two primary objectives: acquiring and ...

https://www.prnewswire.com/news-releases/formation-bio-secures-372mm-series-d-funding-to-grow-drug-pipeline-and-continue-expanding-ai-driven-drug-development-platform-302182347.html

Investors3

Andreessen HorowitzAndreessen Horowitz
Sequoia CapitalSequoia Capital
Thrive CapitalThrive Capital