PBR Life Sciences Raises $1M in Pre-Seed Funding

PBR Life Sciences, a Nigeria-based healthcare data analytics startup, has raised $1 million in pre-seed funding.

Launch Africa, Microtraction, Kaleo Ventures, Octerra Capital, Marula Square, XA Africa, ARM Labs, and Techstars, participated in the round.

The company will use the funds to enhance its AI infrastructure and support its expansion into Ghana and Kenya.

Founded in 2015 by Ayodeji Alaran, PBR Life Sciences is committed to transforming Africa’s pharmaceutical and healthcare sectors through big data and artificial intelligence. The company provides pharmaceutical giants like Sanofi with critical insights on pricing, demand forecasting, and product development tailored for African markets. Its AI-powered dashboards and generative AI tools deliver actionable insights for a diverse clientele, including consulting firms, NGOs, and multilateral organizations. PBR Life Sciences participated in the ARM Labs Lagos Techstars Accelerator program.

Funding Details

Company: Pharma Business Review Ltd.

Raised: $1.0M

Round: Pre-Seed

Funding Month: December 2024

Investors: Launch Africa, Microtraction, Kaleo Ventures, Octerra Capital, Marula Square, XA Africa, ARM Labs, Techstars

Company Website: https://pbrinsight.com/

Software Category: Healthcare Data Analytics