Funding round
Retro Bio Seed
Retro Bio, which works in aging-related disease therapies development in Redwood City, raised $180M in a Seed round announced on 1 Jun 2022. It is Retro Bio's first venture round on record.
$180M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Retro Bio did not disclose a valuation in this round. It is 15% of the $1.18B Retro Bio has raised in the venture rounds on record. Retro Bio raised again 31 months later: a Series A round of $1.00B in Jan 2025, at $5.00B post-money.
Retro Bio's funding rounds
Retro Bio has 2 venture rounds on record. This one is highlighted.
- Seed this round 1 Jun 2022 $180M
- Series A 1 Jan 2025 $1.00B$5.00B post-money
Investors
Who put money in
0 firms took part; no lead investor was named.
Individual investors: Sam Altman.
Comparable rounds
How it compares
172 Seed rounds in Biotechnology within a year either side disclosed an amount; the median was $4.7M, and this round was 39 times the median. The closest in time, other companies' Seed rounds in Biotechnology:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Biotechnology | 7 Jun 2022 | $10M | not disclosed | not named |
| Biotechnology | 27 Jun 2022 | $9.3M | not disclosed | MacHall Group and Robinson Sauder Family Office |
| Biotechnology | 7 Jun 2022 | $5.3M | not disclosed | Positron Ventures |
| Biotechnology | 8 Jun 2022 | $2.8M | not disclosed | True Wealth Ventures |
| Biotechnology | 13 Jun 2022 | $1.6M | not disclosed | not named |
| Biotechnology | 1 Jun 2022 | undisclosed | not disclosed | not named |
| Biotechnology | 25 Jul 2022 | $55M | not disclosed | KKR and OMX Ventures |
| Biotechnology | 4 May 2022 | $15M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Retro Bio raise in its Seed round?
Retro Bio raised $180M in its Seed round, announced in Jun 2022.
What was Retro Bio's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Biotechnology?
172 Seed rounds in Biotechnology within a year either side disclosed an amount; the median was $4.7M, and this round was 39 times the median.
Did Retro Bio raise again after this round?
Yes: a Series A round in Jan 2025 of $1.00B at $5.00B post-money.