FundedIQ
Artificial Intelligence

Lantern Pharma: Funding, Investors & Team (Oct 2026)

Lantern Pharma, Inc. is a clinical stage pharmaceutical company developing new classes of precision cancer drugs with novel mechanisms of action. Lantern also rescues and revitalizes abandoned or failed cancer drugs using machine learning techniques, genomic data and precision oncology trials. Lantern Pharma recognizes that the high cost and low success rates in oncology drug development largely stem from the inability to appropriately stratify patient populations prior to enrollment, and also from the inability to fully elucidate mechanisms of action that can suggest potent therapy combinations. Our approach, which leverages our RADR™ platform helps to provide rapid, meaningful insight to both of these central problems in oncology. Lantern is focused on accelerating personalized cancer therapy development through the use of AI and genomic-based patient stratification.

www.lanternpharma.com LinkedIn Dallas, United States 11-50 employees
Artificial Intelligence (AI) Biopharma Biotechnology Oncology Pharmaceutical Therapeutics B2B B2C
Total raised
$4.4M
Rounds
1
Latest
Undisclosed round
May 2026

Lantern Pharma has raised $4.4M across 1 funding round on record, the most recent an undisclosed round of $4.4M announced in May 2026.

That round is below the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Lantern Pharma Company Profile and Key Stats

Total funding raised
$4.4M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$4.4M in May 2026
Employees
11-50
reported band
Headquarters
Dallas, United States

Latest funding round on record: May 2026.

Lantern Pharma Funding Rounds

Date
Round
Amount
Undisclosed round
$4.4M

Lantern Pharma Founders and Leadership Team

Name
Role
Contact
Panna Sharma
Founder
Locked

Contact details for the Lantern Pharma team: 1 has a LinkedIn profile.

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Lantern Pharma Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

Lantern Pharma's latest round of $4.4M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Lantern Pharma Funding FAQs

What does Lantern Pharma do?

Lantern Pharma, Inc. is a clinical stage pharmaceutical company developing new classes of precision cancer drugs with novel mechanisms of action. Lantern also rescues and revitalizes abandoned or failed cancer drugs using machine learning techniques, genomic data and precision oncology trials. Lantern Pharma recognizes that the high cost and low success rates in oncology drug development largely stem from the inability to appropriately stratify patient populations prior to enrollment, and also from the inability to fully elucidate mechanisms of action that can suggest potent therapy combinations. Our approach, which leverages our RADR™ platform helps to provide rapid, meaningful insight to both of these central problems in oncology. Lantern is focused on accelerating personalized cancer therapy development through the use of AI and genomic-based patient stratification.

How much funding has Lantern Pharma raised?

Lantern Pharma has raised $4.4M across 1 round on record. The most recent is an undisclosed round of $4.4M announced in May 2026.

When did Lantern Pharma last raise funding?

Lantern Pharma's most recent funding round on record is an undisclosed round of $4.4M, announced in May 2026.

Who founded Lantern Pharma?

FundedIQ lists Panna Sharma (Founder) at Lantern Pharma.

Where is Lantern Pharma headquartered?

Lantern Pharma is based in Dallas, Texas, United States.

How many employees does Lantern Pharma have?

Lantern Pharma is in the 11-50 employee band.

How does Lantern Pharma's funding compare to other Artificial Intelligence startups?

Lantern Pharma's latest round of $4.4M is below the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.

About FundedIQ's Lantern Pharma 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 Lantern Pharma is left off this page rather than filled in.

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