Avenue Biosciences

Avenue Biosciences

Private
Palo Alto, CaliforniaHealthcare & Life Scienceshttps://avenuebiosciences.com

Last Round

Seed

Jan 12, 2026

Total Funding Raised

$14.36M

Momentum Score

50 /100

Company Overview

Avenue Biosciences is a transatlantic biotechnology company founded in 2023 that specializes in protein engineering powered by machine learning. The company has developed a platform that combines high-throughput analysis of signal peptides with AI algorithms to optimize protein expression and production. This technology is designed to help biotechnology and pharmaceutical companies accelerate drug development, reduce production costs, and advance the discovery of protein biologics, biosimilars, and mRNA therapies. Headquartered in Palo Alto, California, with laboratory operations in Helsinki, Finland, the company was founded based on research from the University of Helsinki. In October 2024, Avenue Biosciences announced it had raised a $2.5 million seed funding round.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Drug Discovery, Clinical Trials

Business Model

B2B

Customer Profile

Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

IV tramadolpost-operative painspecialty pharmaneurologic diseasesclinical-stage biotechopioid alternativeacute care therapiesdrug in-licensingepilepsy treatmentCNS disordersGABA-A receptor modulatorSpinal and Bulbar Muscular AtrophySBMAFDA submissiondrug commercialization

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Caplight Momentum Score

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Avenue Biosciences 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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Avenue Biosciences Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedJan 12, 2026
SeedOct 22, 2024
SeedJan 16, 2024

Key People

Founding team and executive leadership

Tero-Pekka Alastalo

Chief Executive Officer

Executive Team

Veli-Pekka Jaakola

Chief Technology Officer

Executive Team

Avenue Biosciences Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 12, 2026

    $5.7M raised in Seed round.

  • May 20, 2025

    Veli-Pekka Jaakola appointed as new CTO.

Avenue Biosciences Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Avenue Biosciences Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPalo Alto, California
Employee Range20
Year Founded2023
Last FundingJan 12, 2026

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