76Bio, Inc.

76Bio, Inc.

Private
Boston, MassachusettsHealthcare & Life Scienceshttp://www.76bio.com

Last Round

Series A

Feb 6, 2023

Total Funding Raised

$22.2M

Company Overview

76Bio, Inc. is a biotechnology company founded in 2020 and headquartered in Boston, MA. The company is developing a platform for targeted protein degradation, aiming to create therapies for life-threatening diseases by breaking down unneeded proteins. It operates in the drug discovery and biotechnology sectors. The company is venture capital-backed, having raised $22.2M in funding, including a $12.2M early-stage VC round in February 2023.

Sector

Healthcare & Life Sciences

Verticals

Drug Discovery, Biotechnology, Precision Medicine

Business Model

B2B

Customer Profile

Services & Consulting, Revenue Share

AI Layer

Non-AI

Keywords

targeted protein degradationTPDmRNA therapiesLNP deliveryLNPprotein degradersdrug discovery platformundruggable targetsfusion protein technologyoncology therapiesnervous system diseasesbiotech partneringdrug licensing

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76Bio, Inc. Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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76Bio, Inc. Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AFeb 6, 2023
SeedJan 7, 2022

Key People

Founding team and executive leadership

Chris Wilfong

Chief Executive Officer

Executive Team

76Bio, Inc. Investors

Notable investors and investment history

InvestorRounds
Two River GroupSeries A, Seed
Sonostar VenturesSeries A, Seed
Polaris PartnersSeries A, Seed

76Bio, Inc. Filings

SEC and related filings with document metadata.

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76Bio, Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range3
Year Founded2020
Last FundingFeb 6, 2023

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