Tech Company Financing Transactions
Recursion Pharmaceuticals Funding Round
On 10/4/2016, Recursion Pharmaceuticals raised $13 million in Series A funding from Lux Capital, AME Cloud Ventures and Data Collective.
Transaction Overview
Company Name
Announced On
10/4/2016
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Lux Capital (Lead Investor) (Zavain Dar)
Obvious Ventures (Nan Li)
Proceeds Purpose
With its Series A funding, Recursion will develop its next-generation "Platform 2.0" -- to scale its endeavor from the exploration of dozens of targets and diseases per year to thousands.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
41S Rio Grande St.
Salt Lake City, UT 84101
USA
Salt Lake City, UT 84101
USA
Phone
Website
Email Address
Overview
At Recursion, we are Making Rare Diseases History. We combine innovative biological science with advanced computational algorithms to discover new therapeutic opportunities for rare genetic diseases.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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