Biotech

PrimeNet

PrimeNet Raises $500M Series E to Transform Biotech

$500M Series E
Total Raised
Series
Latest Round
2019
Founded
250-500
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$10B
Latest Round Size
$500M Series E
Latest Round Date
October 2025

PrimeNet Raises $500M Series E in Latest Funding Round

PrimeNet has successfully closed a $500M Series E funding round, marking a significant milestone in the company's growth trajectory. The round was led by 500 Startups, with participation from Index Ventures.

Company Overview

Founded in 2019 and headquartered in San Francisco, CA, PrimeNet has established itself in the Biotech space. Leading machine learning platform automating enterprise workflows with advanced AI models

With a current valuation of $10B, the company has demonstrated strong market traction and investor confidence.

Investment Details

  • Amount Raised: $500M Series E
  • Valuation: $10B
  • Lead Investor: 500 Startups

Future Outlook

As PrimeNet moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the biotech space.

Key Investors

500 Startups
Venture Capital
Leading venture capital firm investing in technology companies
Index Ventures
Venture Capital
Leading venture capital firm investing in technology companies

About the Author

David Chen
David Chen
Technology investment researcher specializing in enterprise software and infrastructure deals at top-tier venture funds.