Tech Company Financing Transactions
ProFound Therapeutics Funding Round
On 8/27/2026, ProFound Therapeutics raised $35 million in investment from Bill & Melinda Gates Foundation.
Transaction Overview
Company Name
Announced On
8/27/2026
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to advance its ProFoundry platform and agentic AI capabilities to discover novel biomarkers, protein drugs, and drug targets for preeclampsia and eclampsia
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
In 2019, ProFound's founding team of Noubar Afeyan, Avak Kahvejian, Yann Echelard, Vini Mani, and Erica Weinstein were inspired by a belief that there existed "proteomic dark matter" -- peptides and proteins -- that could potentially be detected but had thus far gone unannotated and ignored, along with aberrations in the human genome that play unexplained roles in disease. Hypothesizing that there must be a link, we began to explore the white space of proteomics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Noubar Afeyan
Chief Executive Officer
Avak Kahvejian
President
Kala Subramanian
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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