Fundz

Persist Ai Raises $4M In Seed Financing, Rapidly Accelerates Drug Formulation

PRIVATEAug 04, 2023

Amount Raised

$4 Million

Round Type

Seed

WoodlandManufacturingBiotechnologyHealth CareArtificial IntelligencePharmaceutical

Investors

Pioneer FundY CombinatorFellows FundInnospark Ventures2048 Ventures

Description

Persist AI, the AI-driven pioneer in drug formulation, announced today the close of an oversubscribed $4M financing round following their completion of YCombinator, the prestigious San Francisco based startup accelerator. The funding round was led by 2048 Ventures with the participation of Innospark Ventures, Fellows Fund, YCombinator, Pioneer Fund, and others.

Quick answer

Persist AI raised $4 Million in a Seed round, dated August 4, 2023. Investors: Pioneer Fund, Y Combinator, Fellows Fund, Innospark Ventures and 2048 Ventures. Persist AI is based in Woodland, California, United States.

How much did Persist AI raise?
Persist AI raised $4 Million in a Seed round on August 4, 2023.
Who invested in Persist AI?
Pioneer Fund, Y Combinator, Fellows Fund, Innospark Ventures and 2048 Ventures are named as investors in this round.
What does Persist AI do?
Persist AI is revolutionizing pharmaceutical development through AI-driven robotics for formulation development and CMC.
Where is Persist AI based and how big is it?
Persist AI is based in Woodland, California, United States.
Who are the decision-makers at Persist AI?
Fundz holds 1 contact at Persist AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Pharmaceutical and Manufacturing around the same time

Companies in the same sectors as Persist AI that raised within 45 days of this round, from Fundz verified event records.

  • Talphera, Inc. raised $10M on July 17, 2023.
  • Nephron Pharmaceuticals raised $350M (Funding Round) on September 15, 2023.
  • Nucleus RadioPharma raised $66M on September 15, 2023.
  • DalCor Pharmaceuticals raised $80M (Series D) on September 13, 2023.
  • IOMED raised an undisclosed amount (Funding Round) on September 13, 2023.
  • Senseonics raised $50M (Debt Financing) on September 11, 2023.

Who to call at Persist AI, and when

A new round usually means Persist AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Persist AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Persist AI, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Persist AI. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Persist AI

Location

890 Embarcadero Dr.

Woodland, California, United States

About

Persist AI is revolutionizing pharmaceutical development through AI-driven robotics for formulation development and CMC. By combining predictive AI models with automated robotic systems, Persist AI enables pharmaceutical companies to develop drug formulations in a fraction of the time and cost of traditional approaches. The company works across multiple modalities and formulation types to accelerate bringing novel therapeutics to patients. Persist AI is a Y Combinator-backed company, having graduated from the prestigious startup accelerator in 2023.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Persist AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Persist AI's next move

See what Strategic adds

Persist AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.