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Biossil

435 Richmond Street West, Unit 1013, Toronto, Ontario, M5V 0N9, Canada

Overview

Biossil is developing an AI-driven drug development platform aimed at finding and reviving pharmaceutical compounds that were previously abandoned in clinical development. The company surfaced from stealth concurrent with its financing announcement. Its stated focus is to use artificial intelligence to reassess and advance failed or shelved drug candidates. Biossil has secured approximately $70 million in equity backing to fund platform development and related activities. Investors named in the financing include OpenAI, Founders Fund, and Staircase Ventures. The article did not disclose operational metrics, revenue, a valuation, or a detailed product roadmap.

Total raised
$70M
Funding rounds
1
Latest round
Equity
Latest activity
Apr 2026

Industries

  • Artificial Intelligence (AI)
  • Health Care
  • Information Technology
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Recent funding

  1. Equity

    Apr 2026

    $70M

Team