Diligence memo · auto-generated · as of July 2, 2026

Synlico Inc.

Synlico Inc. looks over-valued against its niche peers and is active on financing cadence.

SourceRaising on rhythm with a 12.5× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Synlico Inc. operates in Biotechnology, based in South San Francisco.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Synlico Inc. has raised $5.2M 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: $3.0M on 2025-02-24.

Most recent recorded round closed around 2025-02-24.

Valuation (modeled)modeled

Provath models Synlico Inc. at approximately $10M (range $2.2M–$23M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.22× the median modeled value of Seed Biotechnology companies in 2025–2027 (99 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 14 months.

Last raise 16 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 12.5× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 45% of Biotechnology peers (4293 compared).

Modeled value ranks above 19% of those peers.

Closest niche peers: Carna Inc., NRX Pharmaceuticals, Inc., Vicora, Inc., MH3D, Inc., Oral Genome Corp..

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.