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
Recent funding
Equity
Apr 2026
$70M