Formation Bio

Active#6 worldwide · AI drug discovery

AI drug discovery

HQUnited States

Last roundSeries D · Jun 2024

Uback rankings

Ranking	Tier	Rank	Edition	Next update
AI drug discovery · worldwide	Top 13	#6	Edition 0 (beta) · Sep 2026	21 Nov 2026

Rank historySep 2026 · #6 AI drug discoveryFirst edition: no movements yet.

Estimated valuation

AI · AI drug discovery ranking (worldwide)

≈ USD 1.5bnUSD 1–2.2bn · Unicorn Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series D · USD 372M · Jun 2024

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

Date	Round	Amount	Type	Investors	Source
Jun 2024	Series D	USD 372M	Equity	Andreessen Horowitz, Sanofi	prnewswire.com

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

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What the AI reads

Press & investor announcements2 sources

Read by the AI at the next edition.

Comparable companies in ai drug discovery

Full ai drug discovery ranking →

Pathos AI#5United StatesUnicorn Iambic Therapeutics#7United StatesUnicorn Enveda#4United StatesUnicorn insitro#8United StatesUnicorn

Investors in Formation Bio: Andreessen Horowitz · Sanofi

Sources. prnewswire.com · techcrunch.com

Last updated: Sep 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.