Diligence memo · auto-generated · as of July 2, 2026
Alpha Cognition Inc.
Alpha Cognition Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Alpha Cognition Inc. operates in Biotechnology, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Alpha Cognition Inc. has raised $28M in disclosed capital across 16 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.0M on 2019-08-30.
Most recent recorded round closed around 2024-10-21.
Valuation (modeled)modeled
Provath models Alpha Cognition Inc. at approximately $1.6M (range $378K–$3.2M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.04× the median modeled value of Series A Biotechnology companies in 2022–2024 (303 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 20 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
The last round was 13.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 73% of Biotechnology peers (4293 compared).
Modeled value ranks above 4% of those peers.
Closest niche peers: GeoVax Labs, Inc., Cellinfinity Bio Holding Company, LLC, Adient Medical, Inc., Entegrion Inc, BCD Bioscience, Inc..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.