FundedIQ
Biotechnology

PaloBiofarma: Funding, Investors & Team (Sep 2026)

Palobiofarma is a Spanish Biotech company located in Barcelona’s Science Park. Our mission is to discover and develop new drugs based on the modulation of the adenosine receptors. Our vision is to be the first european adenosine drug discovery company

www.palobiofarma.com LinkedIn Barcelona, Spain 11-50 employees
Total raised
$7.6M
Rounds
2
Latest
Undisclosed round
Feb 2024

PaloBiofarma has raised $7.6M across 2 funding rounds on record, the most recent an undisclosed round of $7.6M announced in Feb 2024.

That round is in line with the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

PaloBiofarma Company Profile and Key Stats

Total funding raised
$7.6M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
$7.6M in Feb 2024
Employees
11-50
reported band
Headquarters
Barcelona, Spain

Latest funding round on record: Feb 2024.

PaloBiofarma Funding Rounds

Date
Round
Amount
Undisclosed round
$7.6M
Undisclosed round
Undisclosed

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

PaloBiofarma announced an undisclosed round in May 2023; the amount was not disclosed.

9 months later, an undisclosed round of $7.6M was announced in Feb 2024.

PaloBiofarma Founders and Leadership Team

Name
Role
Contact
Lyhen Gonzalez Lio
Founder
Julio Castro
CEO
Locked

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

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PaloBiofarma Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,182
$8.0M
1,050
$3.1M

PaloBiofarma's latest round of $7.6M is in line with the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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PaloBiofarma Funding FAQs

What does PaloBiofarma do?

Palobiofarma is a Spanish Biotech company located in Barcelona’s Science Park. Our mission is to discover and develop new drugs based on the modulation of the adenosine receptors. Our vision is to be the first european adenosine drug discovery company

How much funding has PaloBiofarma raised?

PaloBiofarma has raised $7.6M across 2 rounds on record. The most recent is an undisclosed round of $7.6M announced in Feb 2024.

When did PaloBiofarma last raise funding?

PaloBiofarma's most recent funding round on record is an undisclosed round of $7.6M, announced in Feb 2024.

Who founded PaloBiofarma?

FundedIQ lists Lyhen Gonzalez Lio (Founder) at PaloBiofarma.

Who is the CEO of PaloBiofarma?

Julio Castro is listed as CEO at PaloBiofarma.

Where is PaloBiofarma headquartered?

PaloBiofarma is based in Barcelona, Catalonia, Spain.

How many employees does PaloBiofarma have?

PaloBiofarma is in the 11-50 employee band.

How does PaloBiofarma's funding compare to other Biotechnology startups?

PaloBiofarma's latest round of $7.6M is in line with the $8.0M median round size for Biotechnology companies on FundedIQ across 4,182 tracked companies over the last two years.

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

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