Terray Therapeutics: Raises $60M in Series A Funding

Terray Therapeutics Raises $60M in Series A Funding

  • Terray Therapeutics, a Pasadena, CA-based biotechnology company, raised $60M in Series A funding
  • The company intends to use the funds to advance its preclinical pipeline of therapeutics and its discovery partnerships
  • TerrayTherapeutics is a biotechnology company that leverages AI, synthetic chemistry, automation, and nanotechnology to propel drug discovery into the information age
  • Terray’s proprietary integrated computational and experimental platforms generate scaled, agnostic chemical data that are purpose-built to power computational learning and reveal new interactions
  • This financing follows a previously unannounced $20 million seed round co-led by Digitalis Ventures and Two Sigma Ventures
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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