Company · IS
ALLOX
ALLOX is developing a drug discovery platform that combines high-throughput genetics, experimental biology and artificial intelligence to identify previously unexplored opportunities for developing small-molecule therapeutics.
- Raised
- EUR 9.4M
- Last round
- Seed · 29 Oct 2026
- Momentum
- Notable activity
- Events
- 2
Updated 29 Oct 2026
Capital
1 round · 2026
29 Oct 2026
Seed
€9.4M
Cumulative €9.4M
Backers
3 investorsAmounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.
Activity
2 events
- Hire29 Oct 2026
ALLOX has appointed Morten Graugaard as Independent Chair of its Board of Directors.
Independent Chair of the Board of Directors
▸Source: Tech.eu
“Biotechnology company ALLOX has raised$10.5 million in a seed funding round to expand its drug discovery platform andadvance its internal development programmes. The round was led by Asabysthrough…”
- Funding29 Oct 2026EUR 9.4M
Biotechnology company ALLOX has raised $10.5 million in a seed funding round to expand its drug discovery platform and advance its internal development programmes.
▸Source: Tech.eu
“Biotechnology company ALLOX has raised$10.5 million in a seed funding round to expand its drug discovery platform andadvance its internal development programmes. The round was led by Asabysthrough…”
People
2 people
Júlia Domingo
CEO and co-founder
Morten Graugaard
Independent Chair of the Board of Directors
Questions
5 answers
- What does ALLOX do?
- ALLOX is developing a drug discovery platform that combines high-throughput genetics, experimental biology and artificial intelligence to identify previously unexplored opportunities for developing small-molecule therapeutics.
- Where is ALLOX headquartered?
- ALLOX is based in Iceland.
- How much funding has ALLOX raised?
- ALLOX has raised €9.4M (across 1 round · last 29 Oct 2026).
- What was ALLOX's latest funding round?
- ALLOX's most recent disclosed round was a seed round of €9.4M, announced 29 October 2026.
- Who has invested in ALLOX?
- Investors in ALLOX include Asabys, CDTI, Institut Català de Finances (ICF).
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