Madison biotech startup Immuto Scientific raises $2.3 million to scale its drug discovery technology

 The company has customers but declined to disclose them due to confidentiality agreements, Immuto Scientific CEO and co-founder Faraz Choudhury said.

Wisconsin Investment Partners (WIP) led the round. Madison`s Wisconsin Alumni Research Foundation (WARF), Green Bay`s Tundra Angels, and Milwaukee`s BrightStar Wisconsin Foundation Inc., Golden Angels Investors and Milwaukee Venture Partners also invested, as did New York City`s Great Oaks Venture Capital.

Choudhury founded Immuto Scientific in August 2018 with Daniel Benjamin, who serves as the chief technology officer. The company currently has four employees and plans to add four more within the next 12 months, Choudhury said.
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