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- Ambrosia Biosciences
Ambrosia Biosciences Funding, Investors & Competitors
Ambrosia Biosciences has raised $141M across 3 funding rounds, most recently a $100M Series B in March 2026.
Last Ambrosia Biosciences funding round
$100M
Series B · Mar 2026
Cumulative funding Ambrosia Biosciences raised
$141M
across 3 funding rounds
Key investors in Ambrosia Biosciences
Biotechnology Value Fund
Boulder Ventures
M Ventures
Redmile Group
Janus Henderson
Samsara BioCapital
Blue Owl Capital Inc.
Deep Track Capital
About Ambrosia Biosciences
Ambrosia Biosciences is a contract research organization providing drug development services focused on small molecule therapies for obesity, diabetes, and metabolic disorders.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Ambrosia Biosciences Funding History
Ambrosia Biosciences has raised a total of $141M across 3 funding rounds.
Ambrosia Biosciences' first fundraising round was a $16M Series A in August 2024. The most recent completed round was a $100M Series B in March 2026.
Ambrosia Biosciences funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2026 | Series B | Blue Owl Capital Inc. (lead); Deep Track Capital (lead); Redmile Group (lead); Boulder Ventures; Janus Henderson; Biotechnology Value Fund; Samsara BioCapital | $100M | - |
| Dec 2024 | Series A | M Ventures (lead); Boulder Ventures; Biotechnology Value Fund | $25M | Ambrosia Biosciences Inc. is a Boulder, CO-based privately held drug discovery company developing orally delivered, small molecule-based therapies targeting obesity and other metabolic disorders, focusing on incretins and class B GPCRs as alternatives to injectable GLP-1 agonists like semaglutide. Founded by Nick Traggis (President and CEO) with Kyle Lefkoff (Boulder Ventures Founding Partner) as Executive Chairman, the company launched in March 2024 and recruited scientists from the former Array BioPharma/Pfizer R&D campus in Boulder, leasing space there and expanding to 20 full-time researchers and seven contractors by December 2024. The Series A financing began with a first closing of $16 million on August 20, 2024, led by BVF Partners and Boulder Ventures to scale drug discovery programs and lab operations. A second closing on December 10, 2024, raised an additional approximately $9 million (via 9 million Series A preferred shares at $1 per share), led by Merck (known as MSD outside the US and Canada), with participation from BVF Partners and Boulder Ventures, bringing the total Series A to $25 million. Proceeds from the full round support initiation and expansion of in-house preclinical development operations at the Boulder facility, transitioning from CRO partners to accelerate medicinal chemistry and biology efforts ahead of in vivo data release planned for Q3 2025 and future Phase 1 human trials funding. Ambrosia had made progress with CROs prior to in-house scaling. Legal counsel was provided by Wilson Sonsini Goodrich & Rosati. |
| Aug 2024 | Series A | Biotechnology Value Fund (lead); Boulder Ventures (lead) | $16M | Ambrosia Biosciences is a Boulder, Colorado-based drug discovery company developing orally delivered, small molecule-based therapies targeting incretins and other class B GPCRs for obesity and metabolic disorders. The company reassembled the former Array BioPharma medicinal chemistry team following the Pfizer/Array R&D facility shutdown in Boulder. Ambrosia launched in March 2024 and leased a vacant Array building, hiring 15 laid-off scientists plus additional staff and contractors. On August 20, 2024, Ambrosia announced the first closing of its Series A financing totaling $16 million, led by BVF Partners and Boulder Ventures. The funds support scaling drug discovery programs and laboratory operations in Boulder. A second closing on December 10, 2024, led by Merck & Co., Inc. (known as MSD outside the US and Canada), added $9 million from 9,000,000 Series A preferred shares at $1 per share, bringing total Series A proceeds to $25 million with participation from existing investors. Ambrosia plans to release in vivo data from small animal testing by Q3 2025 and raise additional capital for first-in-human trials. |
Who has invested in Ambrosia Biosciences?
8 investors have backed Ambrosia Biosciences across its funding rounds, including Biotechnology Value Fund, Boulder Ventures, M Ventures, Redmile Group, Janus Henderson and Samsara BioCapital.
Lead investors include Blue Owl Capital Inc., Deep Track Capital, Redmile Group, M Ventures, Biotechnology Value Fund and 1 other investor.
Ambrosia Biosciences Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Aug 2024 | ||
| 3 | Lead | Aug 2024 | ||
| 1 | Lead | Dec 2024 | ||
| 1 | Lead | Mar 2026 | ||
| 1 | Lead | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAmbrosia Biosciences Competitors
Ambrosia Biosciences competitors include listed companies like Wuxi AppTec, Samsung BioLogics, Lonza Group and IQVIA, and private ones like BioRay Pharmaceuticals and Aragen Life Sciences.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.8B | $4B | $73B | 8.2x | ||
| Publicly listed | $3.3B | $2B | $47B | 12.5x | ||
| Publicly listed | $7.9B | $2.5B | $46B | 5.9x | ||
| Publicly listed | $16B | $3.4B | $44B | 3.4x | ||
| Private | $131M | - | $1.9B | 14.5x | ||
| Private | $179M | $48M | $1.4B | 7.8x |
Ambrosia Biosciences Public Comps
Ambrosia Biosciences is still privately-owned, but its public comps include Wuxi AppTec, Samsung BioLogics, Lonza Group, IQVIA, Wuxi Biologics, Divi's Laboratories, Sartorius, Medpace, Eurofins Scientific and Charles River.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $6.8B | $4B | 10.0x | 8.2x | 17.0x | 16.2x | |||
| $3.3B | $2B | 14.0x | 12.5x | 23.3x | 23.6x | |||
| $7.9B | $2.5B | 6.4x | 5.9x | 20.5x | 18.0x | |||
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $3.2B | $1.3B | 7.8x | 7.0x | 19.4x | 18.0x | |||
| $1.1B | $374M | 23.3x | 21.2x | 68.0x | 61.8x | |||
| $3.4B | $943M | 7.1x | 6.8x | 25.7x | 22.0x | |||
| $2.5B | $558M | 6.6x | 6.1x | 30.1x | 27.6x | |||
This data is available for Pro users. Sign up to see all Ambrosia Biosciences competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Ambrosia Biosciences
| When was Ambrosia Biosciences founded? | Ambrosia Biosciences was founded in 2024. |
| Where is Ambrosia Biosciences headquartered? | Ambrosia Biosciences is headquartered in Boulder, CO, United States. |
| Is Ambrosia Biosciences publicly listed? | No, Ambrosia Biosciences is a private, VC-backed company. |
| How much funding has Ambrosia Biosciences raised? | Ambrosia Biosciences has raised $141M across 3 funding rounds. |
| What was Ambrosia Biosciences' last funding round? | Ambrosia Biosciences' last funding round was a $100M Series B in March 2026, led by Blue Owl Capital Inc., Deep Track Capital and Redmile Group. |
| Who are Ambrosia Biosciences' investors? | Ambrosia Biosciences' investors include Boulder Ventures, Biotechnology Value Fund, M Ventures, Blue Owl Capital Inc., Redmile Group, Janus Henderson, Deep Track Capital and Samsara BioCapital. |
| Which companies are comparable to Ambrosia Biosciences? | Companies comparable to Ambrosia Biosciences include Wuxi AppTec, Samsung BioLogics, Lonza Group, IQVIA, BioRay Pharmaceuticals and Aragen Life Sciences. |
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