Fundz

Passkey Therapeutics raised $20 million in seed funding led by Breakout Ventures to advance its new class of therapeutics targeting rare combinations of proteins.

PRIVATEOct 22, 2024

Amount Raised

$20 Million

Round Type

Seed

CambridgeBiotechnologyHealth CareTherapeutics

Investors

Innovation EndeavorsBison VenturesWireframe VenturesAlexandria Venture InvestmentsGrids CapitalBreakout Ventures

Description

Passkey Therapeutics announced it has emerged from stealth with $20 million in seed funding led by Breakout Ventures. The funding will support the development of its Synergistic Multifunctional Therapeutics platform designed to target complex biological challenges.

Quick answer

Passkey Therapeutics raised $20 Million in a Seed round, dated October 22, 2024. Investors: Innovation Endeavors, Bison Ventures, Wireframe Ventures, Alexandria Venture Investments, Grids Capital and Breakout Ventures. Passkey Therapeutics is based in Cambridge, Massachusetts, United States.

How much did Passkey Therapeutics raise?
Passkey Therapeutics raised $20 Million in a Seed round on October 22, 2024.
Who invested in Passkey Therapeutics?
Innovation Endeavors, Bison Ventures, Wireframe Ventures, Alexandria Venture Investments, Grids Capital and Breakout Ventures are named as investors in this round.
What does Passkey Therapeutics do?
Passkey Therapeutics is pioneering a new class of medicines, Synergistic Multifunctional Therapeutics or SMThs, designed to address complex diseases by targeting rare combinations of proteins that work together.
Where is Passkey Therapeutics based and how big is it?
Passkey Therapeutics is based in Cambridge, Massachusetts, United States.
Who are the decision-makers at Passkey Therapeutics?
Fundz holds 1 contact at Passkey Therapeutics. 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 Passkey Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Alveron Pharma raised $5.3M (Seed) on December 6, 2024.
  • Nuvig Therapeutics raised $161M (Series B) on December 5, 2024.
  • Refoxy Pharmaceuticals raised $9.6M (Seed) on December 4, 2024.
  • Orakl Oncology raised $12M (Seed) on December 3, 2024.
  • SRTD biotech raised an undisclosed amount (Seed) on December 2, 2024.
  • TransCode Therapeutics raised $8M on December 2, 2024.

Who to call at Passkey Therapeutics, and when

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

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Company Information

Company

Passkey Therapeutics

Location

Cambridge, Massachusetts, United States

About

Passkey Therapeutics is pioneering a new class of medicines, Synergistic Multifunctional Therapeutics or SMThs, designed to address complex diseases by targeting rare combinations of proteins that work together. Using its proprietary Locksmith platform, the company is advancing programs across multiple therapeutic areas to create new options for patients with common, hard-to-treat conditions.

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Passkey Therapeutics 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.