Formation Bio: Funding, Investors & Team (Oct 2026)
Formation Bio is a biotechnology company that prioritizes drug development in order to deliver new treatments to patients more quickly by rethinking the process of clinical trials.
Formation Bio has raised $372M across 1 funding round on record, the most recent a Series D of $372M announced in Jun 2024.
That round is above the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
Formation Bio Company Profile and Key Stats
Latest funding round on record: Jun 2024.
Formation Bio Funding Rounds
Formation Bio Founders and Leadership Team
No contact details are on record for this team yet.
Formation Bio Funding Compared to Other Biotechnology Startups
Formation Bio's latest round of $372M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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Formation Bio Funding FAQs
What does Formation Bio do?
Formation Bio is a biotechnology company that prioritizes drug development in order to deliver new treatments to patients more quickly by rethinking the process of clinical trials.
How much funding has Formation Bio raised?
Formation Bio has raised $372M across 1 round on record. The most recent is a Series D of $372M announced in Jun 2024.
When did Formation Bio last raise funding?
Formation Bio's most recent funding round on record is a Series D of $372M, announced in Jun 2024.
Who founded Formation Bio?
FundedIQ lists Linhao Zhang (Founder) at Formation Bio.
Where is Formation Bio headquartered?
Formation Bio is based in New York, United States.
How many employees does Formation Bio have?
Formation Bio is in the 101-250 employee band.
How does Formation Bio's funding compare to other Biotechnology startups?
Formation Bio's latest round of $372M is above the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.
About FundedIQ's Formation Bio 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 Formation Bio is left off this page rather than filled in.
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