Bengaluru Startup Venomics AI Raises $2.7 Million
Bengaluru-based biotechnology startup Venomics AI has raised $2.7 million, about Rs 25.5 crore, in a pre-seed funding round. The round was co-led by investors, and the startup aims to turn venom into medicine. It is one of the early funding rounds in India's science-focused startup scene.
Quick glossaryVenomics AI, Pre-seed funding round, Biotechnology
- Venomics AI
- A Bengaluru-based biotechnology startup, which the story describes as aiming to turn venom into medicine.
- Pre-seed funding round
- A very early investment round where a young startup raises its first outside money, usually before it has a product.
- Biotechnology
- Science that uses living things or their parts to build useful products such as medicines.
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