James Leslie’s Post

Sharing some great news at Formation Bio - today we announced our $372MM Series D financing, led by Andreessen Horowitz with major participation from Sanofi. Existing investors also joined this round, including Sequoia Capital, Thrive Capital, Lachy Groom, and Emerson Collective, along with new investors SV Angel Growth and FPV Ventures and others. At Formation Bio, we are building the pharma company of the future, where human expertise and AI collaborate seamlessly to make drug development and clinical trials dramatically more efficient. As AI accelerates drug discovery, generating more promising candidate drugs than ever before, we believe the most consequential bottleneck to bringing more medicines to patients is the staggering cost and time needed for drug development and clinical trials. By designing and developing AI specifically tailored for drug development, we can increase the total number of candidate drugs that can progress through development, and ultimately deliver more new treatments to patients faster and more efficiently. We are proud to partner with best-in-class investors and advisors from both pharma and tech backgrounds along the way. Read more here: https://lnkd.in/et6uKzGV

With a $372M megaround, Formation Bio looks to in-license 10+ drugs

With a $372M megaround, Formation Bio looks to in-license 10+ drugs

https://endpts.com

Megan Kahn Shaw

Healthcare & Life Sciences Executive | Board Member | Mentor

3mo

Congratulations! This is very impressive, and exciting for the future of trials and drug development.

Congrats on the raise James, hope you are well.

Brian Tormey, NTP

President of TitleVest and Northeast Multi-State Regional Manager for First American - A growth-driven executive with a focus on mergers, acquisitions, talent attraction/retention, and real estate tech.

3mo

Excellent and amazing!

Thomas Christopher

Senior Vice President, Diversified and Financial Services Group, Citi Commercial Bank

3mo

I’m so pleased to see smart people using cutting edge technologies to improve other people’s lives. Bravo James!

Like
Reply
Zach Newcomb

Helping creative organizations & leaders grow

3mo

booyah

Like
Reply
William O'Hara

Managing Partner - New York Metro || Accounting Advisory | Capital Markets | ASC 718, Stock-Based Compensation SME at CFGI

3mo

YYYAASS!!! Congrats James Leslie, Maya Dongier, and the rest of the Formation Bio team! Exciting stuff!!

Kyle Kaniecki

VP of Life Sciences and Healthcare at NYCEDC

3mo

Congratulations on an impressive raise!

Like
Reply
Lesley Bearg

Chief Financial Officer at Ultraviolet Cyber

3mo

Well done!

Sara Klymkowsky

Senior Vice President, Research & Investments at Royalty Pharma I GS Alum

3mo

Congratulations! What an impressive update!

Like
Reply
Courtney Ferguson

Senior Recruiter at Truckstop

3mo

Nice!

Like
Reply
See more comments

To view or add a comment, sign in

Explore topics