Diligence memo · auto-generated · as of July 2, 2026
Targegen Inc
Targegen Inc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Targegen Inc operates in Biotechnology, based in SAN DIEGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Targegen Inc has raised $3.7M 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: $3.7M on 2009-09-09.
Most recent recorded round closed around 2009-09-09.
Valuation (modeled)modeled
Provath models Targegen Inc at approximately $166M (range $2.7M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.60× the median modeled value of Seed Biotechnology companies in 2007–2009 (47 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 16.8 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 38% of Biotechnology peers (4293 compared).
Modeled value ranks above 68% of those peers.
Closest niche peers: Bioassets Development Corp, Aubrey Inc, EndoMetabolic Solutions, Inc., Promethean Surgical Devices, Inc., Numira Biosciences Inc.
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.