Tevogen Receives $1 Million to Accelerate AI Driven Drug Discovery; Remains Well Capitalized to Execute Growth Strategy
Summary
Tevogen received $1 million as part of a previously announced nondilutive funding agreement with KRHP LLC. The company will use the money to accelerate Tevogen.AI, its AI-powered drug discovery and development program. Tevogen says the funding will help improve target discovery, shorten development timelines, and support treatments for cancer and infectious diseases. The company also says it remains well capitalized and has access to a $36 million line of credit to support its growth strategy.
Funding
Amount
$1.0M
Total raised
Date
August 7, 2025
Announcement date
Investors
-
Lead investors
Company
Tevogen.com
Funded company
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