Companies · Biotechnology

NeXtGen Biologics, INC

Alachua · Biotechnology

Diligence memoA one-page analyst read on NeXtGen Biologics, INC — recommendation, valuation, rhythm, risks.
$5.9M
Total raised · real
6
Rounds
1.3×
Latest step-up
Top 54%
Sector rank · raised
Seed
Latest stage · inferred · Wed Jul 30 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

NeXtGen Biologics, INC looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.08× the median modeled value of Seed Biotechnology companies in 2025–2027 (99 peers) — value vs value, same stage and era.
Active
  • Last raise 11 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Biotechnology

NeXtGen Biologics, INC is one of 4293 Biotechnology companies tracked from Alachua. By capital raised it ranks mid-pack (ahead of 47% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2025-07-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MPre-Seed · 2014-08-18 Raised $500K (real) Modeled valuation $28M (est)$500K$28MPre-Seed2014Seed · 2015-07-01 Raised $1.5M (real) Modeled valuation $67M (est)$1.5M$67MSeed2015Seed · 2016-07-01 Raised $1.5M (real) Modeled valuation $67M (est)$1.5M$67MSeed2016Seed · 2018-12-13 Raised $2.2M (real) Modeled valuation $96M (est)$2.2M$96MSeed2018Seed · 2019-07-22 Raised $100K (real) Modeled valuation $4.4M (est)$100K$4.4MSeed2019Seed · 2025-07-30 Raised $130K (real) Modeled valuation $347K (est)$130K$347KSeed2025+$1.5M+$1.5M+$2.2M+$100K+$130KCumulative $5.9M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$500K · 2014
Seed$1.5M · 2015
Seed extension$1.5M · 2016
Seed extension$2.2M · 2018
Seed extension$100K · 2019
Seed extension$130K · 2025

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$347K
Base estimate est.
$94K
Conservative case
$690K
Upside case
$650K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $27.6M · 2014-08-182014Seed · modeled $66.6M · 2015-07-01Seed · modeled $66.6M · 2016-07-01Seed · modeled $95.9M · 2018-12-13Seed · modeled $4.4M · 2019-07-22Seed · modeled $347K · 2025-07-302025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
14% low · 50% high
1.74×/yr
Annual markup
2.28×/yr upside case
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$538K/yr
Capital velocity
11.9 yr
On record since
2014
First round
6
Rounds on file
How it compares to the market

Benchmarked against 4293 companies in Biotechnology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.8× of median
This company$5.9M
Sector median$7.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$130K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$347K
Sector median$64.2M

Raised more than 47% of sector peers (real $). Modeled value above 1% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #95 of 99.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Carna Inc. · Seed Raised $3.4M · modeled $12.4M (est)NRX Pharmaceuticals, Inc. · Seed Raised $3.5M · modeled $12.3M (est)Vicora, Inc. · Seed Raised $3.4M · modeled $11.9M (est)MH3D, Inc. · Seed Raised $3.3M · modeled $11.9M (est)Oral Genome Corp. · Seed Raised $3.1M · modeled $11.2M (est)Synlico Inc. · Seed Raised $5.2M · modeled $10.1M (est)Auxilium Biotechnologies Inc. · Seed Raised $7.2M · modeled $9.7M (est)Silexion Therapeutics Corp · Seed Raised $3.6M · modeled $9.6M (est)Bodark Investment Group LP · Seed Raised $3.3M · modeled $9.4M (est)Sower Solas I Sidecar III, LLC · Seed Raised $3.5M · modeled $9.3M (est)Sift Biosciences, Inc. · Seed Raised $3.8M · modeled $8.5M (est)SiVEC Biotechnologies, Inc. · Seed Raised $3.3M · modeled $8.4M (est)NeXtGen Biologics, INC (this company) Raised $5.9M · modeled $347K (est)NeXtGen Biologics, INC
CompanyStageRaised · realValue · estvs peer med.
Carna Inc.Seed$3.4M$12.4M2.72×
NRX Pharmaceuticals, Inc.Seed$3.5M$12.3M2.70×
Vicora, Inc.Seed$3.4M$11.9M2.61×
MH3D, Inc.Seed$3.3M$11.9M2.61×
Oral Genome Corp.Seed$3.1M$11.2M2.45×
Synlico Inc.Seed$5.2M$10.1M2.22×
Auxilium Biotechnologies Inc.Seed$7.2M$9.7M2.13×
Silexion Therapeutics CorpSeed$3.6M$9.6M2.10×
Bodark Investment Group LPSeed$3.3M$9.4M2.06×
Sower Solas I Sidecar III, LLCSeed$3.5M$9.3M2.05×
Sift Biosciences, Inc.Seed$3.8M$8.5M1.85×
SiVEC Biotechnologies, Inc.Seed$3.3M$8.4M1.85×
NeXtGen Biologics, INC this companySeed$5.9M$347K0.08×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$500K2014-08-18$2.8M$27.6M85%
Seed$1.5M2015-07-01$7.5M$66.6M85%
Seed$1.5M2016-07-01$7.5M$66.6M85%
Seed$2.2M2018-12-13$10.8M$95.9M90%
Seed$100K2019-07-22$500K$4.4M90%
Seed$130K2025-07-30$650K$347K90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$500K2014-08-18
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Seed$1.5M2015-07-01
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
  3. Seed$1.5M2016-07-01
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  4. Seed$2.2M2018-12-13
    • Raised again after 29 mo — slower than the ~14 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 19 investors on this round.
  5. Seed$100K2019-07-22
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 21.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 1 investor on this round.
  6. Seed$130K2025-07-30
    • Raised again after 72 mo — slower than the ~14 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2027 ~Q4
Modeled next raise · ~26mo cadence
$169K
Modeled next size est.range $130K$270K
1.3×
Last step-up
$538K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jamie Grooms3 other2014-08
Mark Gold2 other2018-12
Brian Lipke1 other2025-07
Jonelle Toothman1 other2014-08
Dan Hamister2025-07
Elad Levy2018-12
Gerald Kluft2018-12
Mark Hamister2018-12
Rick Wassel2018-12
Registry & provenance

NeXtGen Biologics, INC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1620524
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Axogen CorpBiotechnologySeed$14.3M$133.2Mnetwork2 shared operators · same sector · same stage
NurExone Biologic Inc.BiotechnologySeed$5.8M$532Ksame sector · same stage
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Elevai Labs Inc.BiotechnologySeed$5.7M$1.9Msame sector · same stage
Gila Therapeutics, Inc.BiotechnologySeed$6.2M$2.7Msame sector · same stage
Aionx Antimicrobial Technologies, Inc.BiotechnologySeed$6.3M$1.5Msame sector · same stage
SciTech Development L.L.C.BiotechnologySeed$6.5M$1.0Msame sector · same stage
Conexeu Sciences Inc.BiotechnologySeed$5.2M$1.6Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Next Science LtdBiotechnologyPre-Seed$6.3M91%
NextCure, Inc.BiotechnologySeries C$113.9M91%
Synthetic Biologics, Inc.BiotechnologySeries A$36.9M89%
US Biologic, Inc.BiotechnologyPre-Seed$55.2M89%
Direct Biologics, LLCBiotechnologySeries A$140.2M89%
IDBiologics, Inc.BiotechnologySeries A$155.4M88%
NextPoint Therapeutics, Inc.BiotechnologySeries C$444.1M88%
Biologic Delivery Technologies LLCBiotechnologyPre-Seed$2.0M88%
Frequently asked
How much funding has NeXtGen Biologics, INC raised?
NeXtGen Biologics, INC has raised approximately $5.9M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is NeXtGen Biologics, INC's estimated valuation?
Provath's modeled valuation for NeXtGen Biologics, INC is approximately $347K (modeled range $94K–$690K). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is NeXtGen Biologics, INC at?
NeXtGen Biologics, INC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Jul 30.
What does NeXtGen Biologics, INC do and where is it based?
NeXtGen Biologics, INC operates in the Biotechnology sector, based in Alachua.
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