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Archon Biosciences raised $20M in seed financing led by Madrona Ventures to advance its innovative Antibody Cage technology for drug development.

PRIVATEOct 30, 2024

Amount Raised

$20 Million

Round Type

Seed

SeattleBiotechnologyHealth CareArtificial IntelligenceTherapeutics

Investors

Alexandria Venture InvestmentsDumac Inc.Sahsen VenturesWRF CapitalPack VenturesCornucopian CapitalMadrona Ventures

Description

Archon Biosciences, a biotechnology company, has emerged from stealth with $20 million in seed financing. The funding, led by Madrona Ventures, will be used to enhance their novel class of biologics and develop their proprietary protein design platform.

Quick answer

Archon Biosciences raised $20 Million in a Seed round, dated October 30, 2024. Investors: Alexandria Venture Investments, Dumac Inc., Sahsen Ventures, WRF Capital, Pack Ventures, Cornucopian Capital and Madrona Ventures. Archon Biosciences is based in Seattle, Washington, United States.

How much did Archon Biosciences raise?
Archon Biosciences raised $20 Million in a Seed round on October 30, 2024.
Who invested in Archon Biosciences?
Alexandria Venture Investments, Dumac Inc., Sahsen Ventures, WRF Capital, Pack Ventures, Cornucopian Capital and Madrona Ventures are named as investors in this round.
What does Archon Biosciences do?
Archon is a biotechnology company developing computationally designed proteins to unlock powerful therapeutic targets that lie beyond the reach of existing modalities and to better treat disease.
Where is Archon Biosciences based and how big is it?
Archon Biosciences is based in Seattle, Washington, United States.
Who are the decision-makers at Archon Biosciences?
Fundz holds 1 contact at Archon Biosciences. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as Archon Biosciences that raised within 45 days of this round, from Fundz verified event records.

  • Orakl Oncology raised $12M (Seed) on December 3, 2024.
  • Pathos AI raised $62M (Series C) on October 29, 2024.
  • Pathos AI raised $62M on October 24, 2024.
  • Shift Bioscience raised $16M (Seed) on October 15, 2024.
  • BioSapien raised $5.5M (Series A) on December 13, 2024.
  • Vivid Mind raised $200K (Pre-Seed) on December 13, 2024.

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Company Information

Company

Archon Biosciences

Location

Seattle, Washington, United States

About

Archon is a biotechnology company developing computationally designed proteins to unlock powerful therapeutic targets that lie beyond the reach of existing modalities and to better treat disease. We directly apply generative protein design to create a new biologic class, Antibody Cages (AbCs), that integrates the industry-proven affinity and specificity of antibodies into self-assembling nanostructures. Precise control over AbC structure provides the ability to tune both how they distribute in the body and engage their cellular targets with high specificity and potency to establish a new gold-standard for biologic medicines.

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Archon Biosciences raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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