Private Equity PE-VC Fund Investments
Peak XV Partners joins $9.5 M funding round for US-based health-tech co. Biostack
Source Inc42 (opens in a new tab)
San Francisco-based health-tech platform BioStack has raised USD 9.5-M in a seed funding round led by Peak XV Partners, Afore Capital, DCVC, Emerson Collective, SV Angel, Verdict Capital, Streamlined Ventures, and Y Combinator.Founded in 2025 by Sanat Mishra and Parth Patwa, BioStack is building data infrastructure for the medical AI sector. It aggregates fragmented clinical information from electronic health records, medical imaging, clinical notes, and medication data to create proprietary datasets for biotechnology research and the training of medical AI models.The company plans to use the new funds to expand its presence in the US and international markets, including India, Brazil, and Argentina, while scaling its technology stack and hiring for its engineering and research teams.