Waypoint Bio raises $14.5M in seed funding led by Hummingbird Ventures for in vivo spatial pooled screening technology
PRIVATEJun 28, 2024
Amount Raised
$14.5 Million
Round Type
Seed
New YorkBiotechnologyHealth CareTherapeutics
Investors
Fifty YearsRecode VenturesHummingbird Ventures
Description
Waypoint Bio, a biotechnology company focusing on cell therapies for solid tumors, has secured $14.5 million in seed funding led by Hummingbird Ventures. The company's platform combines spatial biology with pooled screening to enable the engineering of cell therapy designs for historically intractable diseases, such as pancreatic cancer.
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Company Information
Company
Waypoint Bio
Location
New York, New York, United States
About
Waypoint Bio is a biotechnology company pioneering novel cell therapies for solid tumors using in vivo spatial pooled screening technology. The company's platform uniquely combines spatial biology with pooled screening for the purpose of drug discovery, enabling the simultaneous measurement of cell therapy candidates' navigation in the solid tumor microenvironment. Waypoint will use its seed financing toward designing CAR T-cell therapies with superior efficacy against the tumor microenvironment, and later, Treg therapies for autoimmune diseases.
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