Sequoia Capital’s Post

CEO at Formation Bio

1mo

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

With a $372M megaround, Formation Bio looks to in-license 10 drugs

https://endpts.com

127 Comments

Karim Atiyeh

1mo

Hell Yeah! Congratulations Ben!!

6 Reactions

Alex Pall

Founder @ The Chainsmokers Mantis Venture Capital

1mo

Thank god for Wendi introducing us! Congrats ben! My only sadness is you work too hard and never hang anymore haha

29 Reactions

Don Stalter

Working with the world’s best founders from seed to IPO & beyond

Congratulations Benjamine Liu on a fantastic round - Wesley Chan & Pegah Ebrahimi at FPV Ventures 🔥

5 Reactions

Bobby Guelich

Co-Founder and CEO at Elion

1mo

Congrats Benjamine, Linhao, and the rest of the Formation Bio team! When we first spoke back in 2017 you laid out the vision for building a next gen pharma company. Pretty incredible to see 7 years later you and the rest of the team realizing that vision. Excited to see what comes next!

21 Reactions

Woody Woodaman

Co Founder, President & CEO SYNERGY RESEARCH CENTERS

1mo

congrats Ben, you have come along way from opening a site in Brooklyn...all the best my friend.

4 Reactions

Michael Esquivel

Startup Lawyer at Fenwick & West

1mo

Benjamine Liu – Congratulations, my Friend, to you and the entire Formation Bio team. 👏 With the addition of these amazing investors, truly excited for the journey ahead as Formation Bio continues to create this generation’s tech and AI-native Pharma company!