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This 21-year-old founder cut open his leg to show off his biotech. Then he raised $4.3 million from Peter Thiel and others.

Summary by Business Insider
Pilgrim founder Jake Adler in his startup's lab in Redwood City, Calif.PilgrimPilgrim founder Jake Adler tested his biotech startup's wound dressing by cutting open his leg on camera.The startup raised $4.3 million from investors including Cantos VC, Day One Ventures, and Peter Thiel's family office.Pilgrim is developing battlefield-ready biotech, with plans to sell to the military and eventually to civilians.If you think you're moving fast and …

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Business Insider broke the news in United States on Friday, August 1, 2025.
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