Deeptech startup AlgoBio raises $2.5M in a pre-Series A round

Deeptech startup Algorithmic Biologics has raised $2.5 million in a pre-Series A funding round led by Bharat Innovation Fund (BIF), with participation from Axilor Ventures. Founded by IIT Bombay professor Manoj Gopalkrishnan, AlgoBio specialises in using advanced algorithms and artificial intelligence (AI) to enhance the efficiency and scale of molecular testing.