How Much Did Recursion Raise?
Funding & Key Investors

Recursion, a pioneer in the intersection of computational biology and drug discovery, has successfully secured a total of $514.5M in capital to date. This trajectory of financial backing, punctuated by a recent $50M strategic investment, underscores the market's confidence in the company's ability to industrialize pharmaceutical research through advanced machine learning. By leveraging a massive proprietary dataset, Recursion continues to attract significant institutional interest, positioning itself as a leader in the next generation of clinical-stage biotechnology firms.

What is Recursion?

Recursion
Business ServicesResearch & DevelopmentSoftware Testing

Recursion operates at the vanguard of the digital biology revolution, utilizing its proprietary Recursion Operating System to decode complex biological and chemical interactions. By integrating automation, high-throughput experimentation, and sophisticated algorithmic analysis, the company aims to bypass traditional, bias-prone drug discovery methods. Its market position is defined by the Recursion Map, a comprehensive suite of software tools that enables the firm to navigate foundational biology with unprecedented speed and precision. This technological infrastructure allows Recursion to scale its research capabilities, effectively transforming the drug development pipeline into a data-driven, iterative process that promises to accelerate the delivery of life-saving therapies to patients globally.

How much funding has Recursion raised?

Recursion has raised a total of $514.5M across 10 funding rounds:

2015

Multiple Rounds

$4.9M

2016

Series A

$15M

2017

Debt

$4M

Series B

$60M

2018

Other Financing Round

$20.5M

2019

Series C

$121M

2020

Series D

$239M

2023

Other Financing Round

$50M

Debt (2015): $830K, investors not publicly disclosed

Unspecified (2015): $1.5M led by National Institutes of Health

Angel/Seed (2015): $2.6M supported by Advantage Capital Partners

Series A (2016): $15M featuring Epic Ventures, Lux Capital, Wild Basin Investments, AME Cloud Ventures, Obvious Ventures, and Data Collective

Debt (2017): $4M backed by Square 1 Bank

Series B (2017): $60M with participation from Data Collective

Other Financing Round (2018): $20.5M led by Square 1 Bank

Series C (2019): $121M supported by Mubadala Ventures, Lux Capital, Data Collective, Texas Tech University System, Menlo Ventures, Intermountain Ventures, AME Cloud Ventures, Scottish Mortgage Investment Trust PLC, Epic Ventures, CRV, Two Sigma Ventures, Felicis Ventures, and Obvious Ventures

Series D (2020): $239M featuring Samsara BioCapital, Obvious Ventures, Laurion Capital Management, Baillie Gifford International, Lux Capital, Catalio Capital Management, Mubadala, Two Sigma Ventures, Casdin Capital, DCVC, Leaps by Bayer, Intermountain Ventures, Advantage Capital, Felicis Ventures, and EPIC Ventures

Other Financing Round (2023): $50M backed by NVIDIA

Key Investors in Recursion

Data Collective

A venture capital firm focused on deep tech and data-driven companies that are solving complex, real-world problems through scientific and engineering breakthroughs.

Lux Capital

A multi-stage investment firm that backs entrepreneurs who are building the future through emerging technologies in science and engineering.

NVIDIA

A global technology leader specializing in GPU design and AI computing solutions that power high-performance research and machine learning applications.

What's next for Recursion?

With the infusion of recent capital, Recursion is poised to further expand its computational infrastructure and accelerate its clinical pipeline. The strategic focus remains on enhancing the Recursion Map to uncover novel biological insights that were previously inaccessible. As the company transitions into more advanced stages of development, the emphasis will likely shift toward scaling its industrial-grade drug discovery platform and forging deeper partnerships with global technology and pharmaceutical entities. By maintaining its commitment to unconstrained biological exploration, Recursion is well-positioned to redefine the economics of drug development and solidify its role as a critical player in the future of precision medicine.

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Frequently Asked Questions Regarding Recursion Financial Insights

What are the most recent funding rounds that Recursion has completed, and what were the funding rounds?
Recursion has recently completed 3 funding rounds: Other Financing Round on Jul 14, 2023, Series D on Sep 9, 2020, Series C on Jul 16, 2019.
What is the total amount of funding Recursion has raised to date?
Recursion has raised a total of $514.5M in funding to date.
How many funding rounds has Recursion completed?
Recursion has completed 3 funding rounds.
How much funding did Recursion raise in its most recent funding round?
Recursion raised $50M in its most recent funding round.
Who are the lead investors in Recursion's latest funding round?
The lead investor in Recursion's latest funding round was NVIDIA. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Recursion's history?
The largest funding round in Recursion's history was $239M.
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