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Recursion Pharmaceuticals Raises $200 Million Through Share Offering

PUBLIC · RXRXOct 15, 2026

Amount Raised

$200 Million

Round Type

Post-IPO Equity

Salt Lake CityBiotechnologyHealthcareHealth CareArtificial IntelligenceTherapeuticsPharmaceutical

Investors

Evercore Group L.L.C.Morgan Stanley & Co. LLCGoldman Sachs & Co. LLCLeerink Partners LLC

Description

On October 15, 2026, Recursion Pharmaceuticals entered into an underwriting agreement to sell 61,540,000 shares of its Class A common stock at a price of $3.25 per share. The gross proceeds from this offering are expected to be approximately $200 million, before deductions. The offering is slated to close on October 16, 2026, pending customary closing conditions. This capital infusion will support Recursion's ongoing drug discovery efforts.

Who else raised in Healthcare and Therapeutics around the same time

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

  • Pathos AI raised $237M (Series E) on October 23, 2026.
  • Os Therapies raised $7.2M on October 15, 2026.
  • Orakl Oncology raised $34M (Series A) on November 12, 2026.
  • Neurosterix raised $105M (Series B) on November 11, 2026.
  • Biograil raised $22M on November 4, 2026.
  • Omabit raised $2M (Seed) on October 27, 2026.

Who to call at Recursion Pharmaceuticals, and when

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Company Information

Company

Recursion Pharmaceuticals

Location

41S Rio Grande Street

Salt Lake City, Utah, United States

About

Recursion Pharmaceuticals, Inc. is a biotechnology company that leverages advanced technology to discover and develop potential new drugs. The company focuses on therapeutics in disease areas with significant unmet medical need. Through its innovative platform, Recursion aims to transform the process of drug discovery. With a commitment to improving patient outcomes, the company is at the forefront of using data-driven approaches in medicine.

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Related People

1 contact
Verified contacts53 people are listed at Recursion Pharmaceuticals. We don't have their email yet.See plans and pricing
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Recursion Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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