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CrossBridge Bio raised $10M in seed financing led by TMC Venture Fund and CE-Ventures to advance the development of next-generation dual-payload ADC therapies.

RECENTLY ACQUIREDNov 04, 2024

Amount Raised

$10 Million

Round Type

Seed

HoustonBiotechnologyHealth CareTherapeutics

Investors

Linden Lake LabsCe VenturesTMC Venture FundPortal InnovationsAlexandria Venture Investments

Description

CrossBridge Bio, a biotechnology company, has secured $10 million in seed financing. The funds will support the development of their lead program and expand their pipeline of novel ADC programs targeting cancer therapies.

Quick answer

CrossBridge Bio raised $10 Million in a Seed round, dated November 4, 2024. Investors: Linden Lake Labs, Ce Ventures, TMC Venture Fund, Portal Innovations and Alexandria Venture Investments. CrossBridge Bio is based in Houston, Texas, United States.

How much did CrossBridge Bio raise?
CrossBridge Bio raised $10 Million in a Seed round on November 4, 2024.
Who invested in CrossBridge Bio?
Linden Lake Labs, Ce Ventures, TMC Venture Fund, Portal Innovations and Alexandria Venture Investments are named as investors in this round.
What does CrossBridge Bio do?
CrossBridge Bio is pioneering an approach to deliver the next generation of stable antibody-drug conjugates (ADC) therapeutics that carry dual payloads as targeted treatments for a range of challenging cancers.
Where is CrossBridge Bio based and how big is it?
CrossBridge Bio is based in Houston, Texas, United States. Fundz records about 5 employees.
Who are the decision-makers at CrossBridge Bio?
Fundz holds 1 contact at CrossBridge Bio. 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 CrossBridge Bio that raised within 45 days of this round, from Fundz verified event records.

  • Borealis Biosciences raised $30M (Series A) on December 19, 2024.
  • Akamis Bio raised $60M (Series A) on December 17, 2024.
  • Promise Bio raised $8.3M (Seed) on December 16, 2024.
  • BioSapien raised $5.5M (Series A) on December 13, 2024.
  • East Ocyon Bio raised $4.2M (Seed) on December 11, 2024.
  • Noema Pharma raised $147M (Series B) on December 11, 2024.

Who to call at CrossBridge Bio, and when

A new round usually means CrossBridge Bio is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

CrossBridge Bio

Location

Houston, Texas, United States

About

CrossBridge Bio is pioneering an approach to deliver the next generation of stable antibody-drug conjugates (ADC) therapeutics that carry dual payloads as targeted treatments for a range of challenging cancers. Leveraging technology from the labs of Dr. Kyoji Tsuchikama and Dr. Zhiqiang An from UTHealth Houston, including a proprietary linker that offers greater stability and the ability to attach multiple payloads, the company aims to improve therapeutic indices and tackle tumor heterogeneity and resistance. CrossBridge Bio is advancing a portfolio of dual-payload ADC programs for solid tumor cancers, led by CBB-120, a potential best-in-class TROP2 ADC for certain breast cancers and other TROP2-positive cancers.

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CrossBridge 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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