Archon Biosciences raised $20M in seed financing led by Madrona Ventures to advance its innovative Antibody Cage technology for drug development.
Archon Biosciences raised $20M in seed financing led by Madrona Ventures to advance its innovative Antibody Cage technology for drug development.
10/30/24, 11:10 AM
Location
Money raised
$20 million
Industry
therapeutics
artificial intelligence
biotechnology
health care
Round Type
seed
Investors
Cornucopian Capital, Alexandria Venture Investments, Pack Ventures, Wrf Capital, Sahsen Ventures, Dumac Inc., Madrona Ventures
Archon Biosciences, a biotechnology company, has emerged from stealth with $20 million in seed financing. The funding, led by Madrona Ventures, will be used to enhance their novel class of biologics and develop their proprietary protein design platform.
Company Info
Location
seattle, washington, united states
Additional Info
Archon is a biotechnology company developing computationally designed proteins to unlock powerful therapeutic targets that lie beyond the reach of existing modalities and to better treat disease.
We directly apply generative protein design to create a new biologic class, Antibody Cages (AbCs), that integrates the industry-proven affinity and specificity of antibodies into self-assembling nanostructures. Precise control over AbC structure provides the ability to tune both how they distribute in the body and engage their cellular targets with high specificity and potency to establish a new gold-standard for biologic medicines.