AlphaLab’s Post

We are excited to announce our $372MM Series D financing led by Andreessen Horowitz with major participation from Sanofi. Existing investors Sequoia Capital, Thrive Capital, Lachy Groom, and Emerson Collective also joined the round, along with new investors SV Angel and FPV Ventures. At Formation Bio, we believe that building a culture and team that continuously innovates across the intersection of AI, tech, and pharma is one of our biggest competitive advantages. We are grateful to be working with two organizations at the forefront of AI, tech, and pharma: Andreessen Horowitz and Sanofi. We are excited to welcome Scott Kupor, Managing Partner at a16z and Alfred Lin, Partner at Sequoia to our Board of Directors, alongside existing board director Michael Moritz, Sr. Advisor to Sequoia Heritage and board observer Kareem Zaki, Partner at Thrive Capital. I’m grateful to our team members, advisors, and partners for all of their efforts to get us to where we are today but even more excited to share the journey ahead to create this generation’s tech and AI-native Pharma company. https://lnkd.in/euhi37n7

🚀 Exciting News! 🚀 We just launched our recipe-driven marketplace on FoodSocial! Brands can now sell products directly to consumers through contextual placements within 5000+ recipes by trusted creators. This opens up incredible opportunities for brands to reach high intent customers, at the critical moment when they are searching for recipe inspiration. Read the full press release here: https://lnkd.in/eCiP-GHr