Seed · Biotech
Pilgrim raises $25m Seed round at $150m valuation
Buckley Ventures led the financing for biological-threat detection hardware and research expansion.
Preparing automated monitoring for rollout
Buckley Ventures led Pilgrim’s $25 million seed round, with Peter Thiel, Fred Ehrsam, Logan Graham and Sholto Douglas participating. The financing values the company at $150 million.
Pilgrim will expand hardware engineering and biodefence research while preparing US rollout of its autonomous monitoring devices. Its Argus system is designed for locations such as airport terminals, transit centres and military facilities, with the financing also supporting its biotech pipeline.
Use of funds
Scale hardware engineering and biodefense research teams, roll out automated monitoring devices in the United States and expand the biotech pipeline.
Funding history
Seed · This round$25M