Diligence memo · auto-generated · as of July 2, 2026
Mitera Biosciences Inc.
Mitera Biosciences Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Mitera Biosciences Inc. operates in Biotechnology, based in BELLEVUE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mitera Biosciences Inc. has raised $1.7M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.7M on 2024-04-24.
Most recent recorded round closed around 2024-04-24.
Valuation (modeled)modeled
Provath models Mitera Biosciences Inc. at approximately $9.4M (range $1.3M–$26M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.66× the median modeled value of Seed Biotechnology companies in 2022–2024 (207 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 26% of Biotechnology peers (4293 compared).
Modeled value ranks above 17% of those peers.
Closest niche peers: Mesentech Inc., Marlinspike Therapeutics, Inc., Microbial Machines, Inc., Pearl Diagnostics, Inc., Crossfire Medical Inc.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.