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Atavistik Bio Raises Additional $40 Million To Advance Precision Allosteric Small Molecule Therapeutics

PRIVATEDec 19, 2023

Amount Raised

$40 Million

Round Type

Funding Round

CambridgeBiotechnologySoftwareHealth CareScience And Engineering

Description

Atavistik Bio, a biotechnology company discovering the next generation of precision allosteric therapeutics inspired by the body’s natural regulators, today announced that it has raised an additional $40 million to advance its lead precision allosteric small molecule therapeutic in oncology into the clinic and to advance its earlier stage pipeline. The financing included existing investors, including The Column Group, Lux Capital, and Nextech Invest, Ltd. Atavistik Bio has raised $100 million in aggregate since its launch in August 2021.

Quick answer

Atavistik Bio raised $40 Million in a Funding Round round, dated December 19, 2023. Atavistik Bio is based in Cambridge, Massachusetts, United States.

How much did Atavistik Bio raise?
Atavistik Bio raised $40 Million in a Funding Round round on December 19, 2023.
What does Atavistik Bio do?
Atavistik Bio is a biotechnology company accelerating the discovery and development of transformative precision allosteric therapeutics to address serious unmet patient needs, with a focus on oncology.
Where is Atavistik Bio based and how big is it?
Atavistik Bio is based in Cambridge, Massachusetts, United States. Fundz records about 38 employees.
Who are the decision-makers at Atavistik Bio?
Fundz holds 1 contact at Atavistik Bio. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Biotechnology around the same time

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

  • RedHill Biopharma Ltd raised $10M on January 25, 2024.
  • SeLux Diagnostics, Inc. raised $40M on February 1, 2024.
  • Unlearn raised $50M on January 25, 2024.
  • Athos Therapeutics, Inc. raised $20M on January 22, 2024.
  • Streamex Corp. raised $1.5M (Seed) on January 12, 2024.
  • Nabla raised $24M (Series B) on January 5, 2024.

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Company Information

Company

Atavistik Bio

Location

Cambridge, Massachusetts, United States

About

Atavistik Bio is a biotechnology company accelerating the discovery and development of transformative precision allosteric therapeutics to address serious unmet patient needs, with a focus on oncology. Since its inception, Atavistik Bio has rapidly established an emerging pipeline of allosteric therapeutics with the potential to achieve superior efficacy and tolerability profiles by leveraging the power of allostery. ATV-1601, a selective allosteric inhibitor for solid tumors, is anticipated to enter the clinic in early 2025. Atavistik Bio is led by an experienced team of drug hunters with a proven track record of developing marketed small molecule therapies and supported by top-tier investors, including The Column Group, Nextech Invest, and Lux Capital.

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Atavistik Bio 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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