Diligence memo · auto-generated · as of July 2, 2026
Mitomics Inc.
Mitomics Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Mitomics Inc. operates in Biotechnology, based in THUNDER BAY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mitomics Inc. has raised $2.9M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.1M on 2013-09-17.
Most recent recorded round closed around 2013-09-17.
Valuation (modeled)modeled
Provath models Mitomics Inc. at approximately $92M (range $1.5M–$724M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.38× the median modeled value of Seed Biotechnology companies in 2013–2015 (122 peers) — value vs value, same stage and era. Within the normal band (138% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 12.8 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 20.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 33% of Biotechnology peers (4291 compared).
Modeled value ranks above 57% of those peers.
Closest niche peers: Harpoon Medical, Inc., Admittance Technologies, Inc., Bell Biosystems, Inc., Nexstim Plc, Iontera, Inc..
Peoplefiled
23 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.