Generate Biomedicines Stock

generatebiomedicines.comHealthcare / BioTech & PharmaFounded: 2018Funding to Date: $701.67MM

Generate:Biomedicines, founded in 2018, is a biotechnology company and developer of a generative biology platform that seeks to use AI and machine learning to create pharmaceutical therapies on demand. Through its Generate Platform, the company aims to produce therapies for constantly changing clinical targets, with the goal of reducing the time and money required to respond to medical conditions. Generate:Biomedicines is headquartered in Somerville, Massachusetts.

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Private Market Pricing DetailsValuation & Financings

Generate Biomedicines Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Generate Biomedicines Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/24/2024 Series C $288MM $xx.xx $1.95B Amgen, NVentures, MAPS Capital, Pictet Alternative Advisors, Flagship Pioneering, Abu Dhabi Investment Authority, Fidelity, T. Rowe Price, ARCH Venture Partners, March Capital, Alaska Permanent Fund, Altitude Life Science Ventures, Novartis
Price per Share
$xx.xx
Shares Outstanding
24,303,797
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Amgen, NVentures, MAPS Capital, Pictet Alternative Advisors, Flagship Pioneering, Abu Dhabi Investment Authority, Fidelity, T. Rowe Price, ARCH Venture Partners, March Capital, Alaska Permanent Fund, Altitude Life Science Ventures, Novartis
11/18/2021 Series B $373.42MM $xx.xx $1.52B Alaska Permanent Fund, Altitude Life Science Ventures, ARCH Venture Partners, T. Rowe Price, Flagship Pioneering
Price per Share
$xx.xx
Shares Outstanding
31,512,642
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Alaska Permanent Fund, Altitude Life Science Ventures, ARCH Venture Partners, T. Rowe Price, Flagship Pioneering
09/10/2020 Series A $40.25MM $xx.xx $89.44MM Flagship Pioneering
Price per Share
$xx.xx
Shares Outstanding
40,250,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Flagship Pioneering

Generate Biomedicines investors also invested in these private companies

Altitude Life Science Ventures
Alaska Permanent Fund
Maps Capital
Pictet Alternative Advisors

Leadership & Board

Leadership

Jason Silvers
Chief Financial Officer
Gevorg Grigoryan Ph.D
Co-Founder & Chief Technology Officer
Beth Grous
Chief People Officer
Dimitris Agrafiotis Ph.D
Chief Digital Officer
Alexandra Snyder MD
Chief Medical Officer & Executive Vice President of Research & Development
Michael Nally
Co-Chief Executive Officer
Geoffrey von Maltzahn Ph.D
Co-Founder & Co-Chief Executive Officer
Molly Gibson Ph.D
Co-Founder & Chief Strategy and Innovation Officer
Sean Martin JD
Chief Legal Officer & General Counsel
Noubar Afeyan Ph.D
Co-Founder

Generate Biomedicines stock FAQs

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Can you buy Generate Biomedicines stock?

As Generate Biomedicines is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Generate Biomedicines, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Generate Biomedicines stock?

To invest in a private company like Generate Biomedicines through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Generate Biomedicines stock?

Yes, you may sell the Generate Biomedicines stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Generate Biomedicines stock?

If you hold private company shares of Generate Biomedicines – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Generate Biomedicines on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Generate Biomedicines a public company?

No, Generate Biomedicines is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Generate Biomedicines’ stock price?

Generate Biomedicines is a privately held company and therefore does not have a public stock price. However, you may access Generate Biomedicines private market stock price with Forge Data.
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What is Generate Biomedicines’ stock ticker symbol?

Generate Biomedicines does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Generate Biomedicines’ news and media highlights

Generate Biomedicines, based in Somerville, has raised $273 million in its latest funding round, despite a decline in biotech investments this year. The company, which uses AI for drug discovery, received funding from previous investors including Abu Dhabi Investment Authority and Fidelity Management & Research Company, as well as from new sources. Generate Biomedicines has raised nearly $700m in equity financing since 2020 and plans to use the new capital to bring other drug programs into clinical and preclinical testing stages.
Generate:Biomedicines announced the publication of its Chroma AI model in Nature. The model can program novel proteins with unique properties. The company is also making the model available to the broader research community to accelerate scientific progress in generative biology. The open-source software can help develop novel protein molecules with therapeutic properties, potentially speeding up protein design developments.
Databricks and Generate Biomedicines led the week's 10 largest funding rounds, with the former raising $500m in a Series I round and the latter raising $273m in a Series C round. Other significant funding rounds included Lyten which raised $200m in a Series B round, and EquipmentShare which raised $150m. AI-related startups featured prominently in this week's funding.
AI-focused startup Generate:Biomedicines has raised $273 million in Series C financing with new investors including Amgen and NVIDIA’s venture capital arm, the Massachusetts-based biotech announced Thursday.
Updated on: Nov 17, 2024

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