FundedIQ
Biotechnology

Algorae Pharmaceuticals: Funding, Investors & Team (Oct 2026)

Algorae Pharmaceuticals is an Australasian biotechnology company working on AI-enhanced drug research and discovery initiatives to improve the health of individuals

algoraepharma.com LinkedIn Manukau City, New Zealand 1-10 employees
Biotechnology Diabetes Health Care Health Diagnostics B2C
Total raised
$4.3M
Rounds
2
Latest
Undisclosed round
Apr 2026

Algorae Pharmaceuticals has raised $4.3M across 2 funding rounds on record, the most recent an undisclosed round of $2.3M announced in Apr 2026.

That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Algorae Pharmaceuticals Company Profile and Key Stats

Total funding raised
$4.3M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$2.3M in Apr 2026
Employees
1-10
reported band
Headquarters
Manukau City, New Zealand

Latest funding round on record: Apr 2026.

Algorae Pharmaceuticals Funding Rounds

Date
Round
Amount
Undisclosed round
$2.3M
Undisclosed round
$2.0M

Algorae Pharmaceuticals raised $2.0M in an undisclosed round announced in Jan 2026.

3 months later, an undisclosed round of $2.3M was announced in Apr 2026.

Algorae Pharmaceuticals Founders and Leadership Team

Name
Role
Contact
David Hainsworth
Founder
Locked
Robert Elliott
Founder
—

Contact details for the Algorae Pharmaceuticals team: 1 of 2 have an email address on file.

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Algorae Pharmaceuticals Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
130
$4.5M

Algorae Pharmaceuticals' latest round of $2.3M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Algorae Pharmaceuticals Funding FAQs

What does Algorae Pharmaceuticals do?

Algorae Pharmaceuticals is an Australasian biotechnology company working on AI-enhanced drug research and discovery initiatives to improve the health of individuals

How much funding has Algorae Pharmaceuticals raised?

Algorae Pharmaceuticals has raised $4.3M across 2 rounds on record. The most recent is an undisclosed round of $2.3M announced in Apr 2026.

When did Algorae Pharmaceuticals last raise funding?

Algorae Pharmaceuticals' most recent funding round on record is an undisclosed round of $2.3M, announced in Apr 2026.

Who founded Algorae Pharmaceuticals?

FundedIQ lists David Hainsworth (Founder), Robert Elliott (Founder) at Algorae Pharmaceuticals.

Where is Algorae Pharmaceuticals headquartered?

Algorae Pharmaceuticals is based in Manukau City, Auckland, New Zealand.

How many employees does Algorae Pharmaceuticals have?

Algorae Pharmaceuticals is in the 1-10 employee band.

How does Algorae Pharmaceuticals' funding compare to other Biotechnology startups?

Algorae Pharmaceuticals' latest round of $2.3M is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Algorae Pharmaceuticals Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Algorae Pharmaceuticals is left off this page rather than filled in.

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