FundedIQ
Biotechnology

Generate Biomedicines: Funding, Investors & Team (Sep 2026)

Generate Biomedicines is a biotechnological company focusing on creating breakthrough medicines. It pioneers in the field of Generative Biology, a revolutionary approach to drug development that allows them to program protein-based modalities for the first time. Generate Biomedicines has proved that its machine-learning platform can generate new biological molecules with therapeutic value, accelerating the drug discovery process.

generatebiomedicines.com LinkedIn Somerville, United States 251-500 employees
Biotechnology Health Care Medical Product Research
Total raised
$370M
Rounds
2
Latest
Undisclosed round
Dec 2024

Generate Biomedicines has raised $370M across 2 funding rounds on record, the most recent an undisclosed round announced in Dec 2024.

Generate Biomedicines Company Profile and Key Stats

Total funding raised
$370M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
Dec 2024
Employees
251-500
reported band
Headquarters
Somerville, United States

Latest funding round on record: Dec 2024.

Generate Biomedicines Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Series B
$370M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Generate Biomedicines raised $370M in a Series B announced in Nov 2021.

3.1 years later, an undisclosed round was announced in Dec 2024 with no disclosed amount.

Generate Biomedicines Founders and Leadership Team

Name
Role
Contact
Gevorg Grigoryan
Founder
Michael Nally
CEO
Locked

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

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Generate Biomedicines Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M

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Generate Biomedicines Funding FAQs

What does Generate Biomedicines do?

Generate Biomedicines is a biotechnological company focusing on creating breakthrough medicines. It pioneers in the field of Generative Biology, a revolutionary approach to drug development that allows them to program protein-based modalities for the first time. Generate Biomedicines has proved that its machine-learning platform can generate new biological molecules with therapeutic value, accelerating the drug discovery process.

How much funding has Generate Biomedicines raised?

Generate Biomedicines has raised $370M across 2 rounds on record.

When did Generate Biomedicines last raise funding?

Generate Biomedicines' most recent funding round on record was announced in Dec 2024. The amount was not disclosed.

Who founded Generate Biomedicines?

FundedIQ lists Gevorg Grigoryan (Founder) at Generate Biomedicines.

Who is the CEO of Generate Biomedicines?

Michael Nally is listed as CEO at Generate Biomedicines.

Where is Generate Biomedicines headquartered?

Generate Biomedicines is based in Somerville, Massachusetts, United States.

How many employees does Generate Biomedicines have?

Generate Biomedicines is in the 251-500 employee band.

About FundedIQ's Generate Biomedicines 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 Generate Biomedicines is left off this page rather than filled in.

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