What is Modulo Bio?
Based in San Diego, California, Modulo Bio is a biotechnology company dedicated to advancing research and development within the complex field of the nervous system. The company's focus suggests a commitment to addressing neurological disorders or enhancing neural function through innovative scientific approaches. Its positioning within the biotech landscape indicates a drive to translate cutting-edge research into tangible therapeutic or diagnostic solutions, aiming to make a substantial impact on human health.
How much funding has Modulo Bio raised?
Modulo Bio has raised a total of $8M across 1 funding round:
Other Financing Round
$8M
Other Financing Round (2023): $8M with participation from Builders VC, Bioverge, and Initialized Capital
Key Investors in Modulo Bio
Builders VC
Builders VC is a venture capital firm focused on modernizing antiquated industries by investing in innovative technologies and solutions. They support founders who tackle complex problems and aim to reshape systems across various sectors, including construction, healthcare, and agriculture.
Bioverge
Bioverge is an investment platform that funds visionary entrepreneurs with the aim of transforming healthcare and bringing science fiction to life. The firm's investment thesis spans the intersection of Health + Tech and has built a portfolio of 23 companies.
Initialized Capital
Initialized Capital is a venture capital firm dedicated to supporting seed stage founders across various sectors including enterprise SaaS, sustainability, health, hard tech, artificial intelligence, infrastructure, consumer, and crypto.
What's next for Modulo Bio?
The substantial enterprise-level backing Modulo Bio has received, particularly the recent strategic investment, signals a critical growth phase for the company. This capital infusion is likely earmarked for expanding research and development efforts, potentially scaling up clinical trials, and strengthening its scientific team. The strategic nature of the recent financing suggests alignment with investors who bring not only capital but also valuable industry expertise and network access, positioning Modulo Bio for accelerated market penetration and the advancement of its proprietary technologies in the competitive biotechnology arena.
See full Modulo Bio company page