Equity financing · Biotech

Biossil raises $153 million led by OpenAI Startup Fund

Biossil will expand clinical development and acquire additional drug candidates.

Toronto-based Biossil raised $153 million in equity financing led by OpenAI Startup Fund, valuing the company at $1 billion. CEO Anthony Mouchantaf confirmed the financing to BetaKit on September 28.

The company uses AI to identify opportunities in discontinued drug programs, then acquires or licenses candidates for further development. The funding will support clinical capacity and additions to its pipeline.

Funding history

Equity financing · This round$153M

Sources

  1. biossil-betabetakit.com · Sep 28, 2026