Tech Company Financing Transactions
Modicus Prime Funding Round
Modicus Prime, operating out of La Porte, secured $4.5 million from Frist Cressey Venture and private investors.
Transaction Overview
Company Name
Announced On
5/6/2026
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Investors
Frist Cressey Venture (Lead Investor)
Proceeds Purpose
The company intends to use the funs to further service their international pharmaceutical customers with additional customer support, including the continued enhancement of its platform to better support customer deployments and growing AI compliance needs.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1118 Michigan Avenue
La Porte, IN 46350
USA
La Porte, IN 46350
USA
Phone
Undisclosed
Website
Email Address
Overview
Modicus Prime's AI software provides intelligent image analysis of biologics. Our proprietary software, mpVision, enables scientists to independently train their own AI to achieve real-time AI classification of any imaging data - from biologic morphology analysis to commercial contamination detection -- for comprehensive quality control across R&D and manufacturing.
Profile
Social Media
Company News
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Taylor Chartier
Chief Technical Officer
Vitaliy Kucheryaviy
VP - Engineering
David Vardanyan
VP - Regulatory Affairs
Arsen Gevorgyan
VP - Regulatory Affairs
Gayathri Srinivasan
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