Funding round
Apheris Series A
Apheris, which works in AI drug discovery platform development in Berlin, raised $21M in a Series A round announced on 2 Jan 2025, led by OTB Ventures and eCAPITAL. 4 firms took part, 3 of them already investors. It is Apheris' third venture round on record; the one before was a Bridge in Nov 2022.
$21M
Amount raised
Not disclosed
Post-money valuation
4
Investors
2 leads
Valuation
What this round says about the price
Apheris did not disclose a valuation in this round. It came 26 months after Apheris' Bridge. It is 64% of the $32M Apheris has raised in the venture rounds on record. No later venture round is on record for Apheris.
Investors
Who put money in
OTB Ventures and eCAPITAL led the round with 2 other firms. eCAPITAL, Octopus Ventures and Heal Capital had backed Apheris before.
Lead investors
- OTB Ventures backs 27 venture-backed companies new investor
- backs 28 venture-backed companies existing investor
Also in the round
- backs 164 venture-backed companies existing investor
- backs 19 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,493 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.7 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 22 Jan 2025 | $40M | not disclosed | Connect Ventures and Monashees |
| Tech Companies | 9 Jan 2025 | $30M | not disclosed | Balderton Capital |
| Tech Companies | 30 Jan 2025 | $29M | not disclosed | GreatPoint Ventures |
| Tech Companies | 15 Jan 2025 | $29M | not disclosed | Blossom Capital |
| Tech Companies | 15 Jan 2025 | $29M | not disclosed | Blossom Capital |
| Tech Companies | 23 Jan 2025 | $27M | not disclosed | not named |
| Tech Companies | 8 Jan 2025 | $26M | not disclosed | Sequoia Capital |
| Tech Companies | 20 Jan 2025 | $26M | not disclosed | Creandum |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Apheris raise in its Series A round?
Apheris raised $21M in its Series A round, announced in Jan 2025.
Who led Apheris' Series A round?
OTB Ventures and eCAPITAL led it, with Octopus Ventures and Heal Capital.
What was Apheris' valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,493 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.7 times the median.