Funding Details
- Awarder
- RSS - theaiinsider.tech
- Date Award
- May 23, 2025
- Vertical
- Pharmaceutical Development
- Funding URL
- View Funding Page
- Funding Amount:
-
$12,000,000
Company Info
- Founding Year
- 2023
- Traction
- Persist AI serves multiple top 10 pharmaceutical clients and several smaller biotechs developing next-generation treatments for chronic diseases.
- Organizations Involved
- Eli Lilly & Company
- Founders
- Karthik Raman, Christopher Shelner
- Company Description
- Persist AI is a biotechnology company that builds long-acting microsphere formulations.
- Market
- Pharmaceutical Companies
- Location
-
Sacramento,
California,
USA
- Coinvestors
- Spero Ventures, MBX Capital, Shimadzu Future Innovation Fund, Eli Lilly & Company, SignalFire, Ford Street Capital, Purdue Ventures, Good AI Capital, Cartography Capital, Asymmetry Ventures, 2048 Ventures, Innospark, YCombinator
Links