Top 20 Highest Funded Biotech Startups In 2020

Top Funded Biotech Startups In 2020

The biotechnology industry includes hundreds of companies that combine biology and technology to develop drugs and related products against diseases. Today’s biotechnology industry includes companies that make medical devices and diagnostics, as well as biofuels, biomaterials, pollution controls, and much more. These firms usually concentrate on developing and testing new drug compounds for medical use and must go through lengthy clinical trial and approval processes for their products. This means investors must often wait for months or even years before knowing whether potential drug therapy is useful or valuable.

In spite of the many challenges, a number of enterprises have arisen to the top of the list. Here we will discuss the top biotech startups of 2020.

  1. Name of Startup: EQRx
  • Categories: Biotechnology, Health Care, Pharmaceutical
  • Headquarters Location: Cambridge, Massachusetts, U.S
  • Founded Year: 2020
  • Website: https://www.eqrx.com/

About EQRx: EQRx is a biotechnology company, aimed at re-engineering the process from drug discovery to patient delivery. They are intended to develop novel, patent-protected medicines at economical prices for people and sustainable for healthcare systems. They leverage advances in science and technology to bring treatments for life-threatening and chronic diseases to patients more efficiently and affordably, letting customers access drugs at more economical rates.

  • Founders: Peter Bach, Sandra Horning
  • Last Funding Amount: 200000000 USD
  • Last Funding Type: Series A
  • Top investors: GV, Casdin Capital, Nextech Venture, Andreessen Horowitz, ARCH Venture Partners

2. Name of Startup: Taysha Gene Therapies

  • Categories: Biotechnology, Genetics, Life Science
  • Headquarters Location: Dallas, Texas, United States
  • Founded Year: 2020
  • Website: https://tayshagtx.com/

About Taysha Gene Therapies: They develop treatments to eradicate severe and life-threatening monogenic diseases of the central nervous system. They are focused on developing therapeutic medicines. They are able to quickly translate their treatments from bench to bedside. They have united their team’s proven experience in gene therapy drug development and commercialization with the world-class UT Southwestern Gene Therapy Program to quickly and effectively build an extensive, AAV gene therapy pipeline centered on both rare and large-market indications.

  • Founders: RA Session
  • Last Funding Amount: 95000000 USD
  • Last Funding Type: Series B
  • Top investors: 2019

 

3. Name of Startup: MOMA Therapeutics

  • Categories: Biotechnology, Therapeutics
  • Headquarters Location: Cambridge, Massachusetts, United States
  • Founded Year: 2020
  • Website: https://momatx.com/

About MOMA Therapeutics: They operate as a biotechnology company. They unlock molecular machines by knowing and respecting their intricacy. They are unapologetically scientific, and they know this will assist them to attain their aim to get new medicines to people in demand. They have removed the bureaucracy and believe having a teammate’s back is critical to their success.

  • Founders: Timur Yusufzai, Dorothee Kern, Eva Nogales, Johannes Walter
  • Last Funding Amount: 86000000 USD
  • Last Funding Type: Series A
  • Top investors: Third Rock Ventures, Rock Springs Capital, Cormorant Asset Management, Casdin Capital, Nextech Invest

4. Name of Startup: Adagio Therapeutics

  • Categories: Biotechnology, Pharmaceutical, Therapeutics
  • Headquarters Location: Waltham, Massachusetts, United States
  • Founded Year: 2020
  • Website: https://adagiotx.com/

About Adagio Therapeutics: They are providing research and development of therapeutic pharmaceuticals. They are developing best-in-class antibodies that can fully neutralize SARS-CoV-2, SARS-CoV-1, and further potentially new coronaviruses. They trust that their antibodies will meet or surpass the potency and coverage of conventional SARS-CoV-2 antibody programs, and can be utilized as both therapeutic and durable prophylactic treatments. Their prospects are engineered utilizing best-in-industry antibody development capabilities and are designed to maximize potency and duration of impact.

  • Founders: Tillman Gerngross, Laura Walker
  • Last Funding Amount: 50000000 USD
  • Last Funding Type: Series A
  • Top Investors: Polaris Partners, Mithril Capital Management, M28 Capital, GV, Fidelity Management and Research Company, OrbiMed, Adimab

5. Name of Startup: ROME Therapeutics

  • Categories: Biotechnology, Pharmaceutical
  • Headquarters Location: Cambridge, Massachusetts, United States
  • Founded Year: 2020
  • Website: https://rometx.com/

About ROME Therapeutics: ROME Therapeutics is developing novel therapies for cancer and autoimmune diseases by controlling the power of the repeatome. They have partnerships with top academic labs at the cutting edge of research in essential fields including viral mimicry, crystallography, and computational biology.

  • Founders: Rosana Kapeller, Jay Parrish
  • Last Funding Amount: 50000000 USD
  • Last Funding Type: Series A
  • Top Investors: GV, ARCH Venture Partners, Partners Innovation Fund

6. Name of Startup: Nine Square Therapeutics

  • Categories: Biotechnology, Therapeutics
  • Headquarters Location: New York, New York, United States
  • Founded Year: 2020

About Nine Square Therapeutics: Nine Square Therapeutics discovers new small-molecule therapeutics for degenerative movement disorders including Parkinson’s disease and amyotrophic lateral sclerosis, and non-degenerative disorders like essential tremor and dyskinesias, by combining computational chemistry, biophysics, and computational biology into machine-learning-enabled cell profiling platforms for target identification, patient stratification, and chemical optimization.

  • Founders: Matthew Jacobson, Spiros Liras
  • Last Funding Amount: 50000000 USD
  • Last Funding Type: Series A
  • Top Investors: Apple Tree Partners

7. Name of Startup: Forge Biologics

  • Categories: Biotechnology, Therapeutics
  • Headquarters Location: Grove City, Ohio, United States
  • Founded Year: 2020
  • Website: http://www.forgebiologics.com/

About Nine Square Therapeutics: Forge Biologics is a gene therapy development engine, aimed at allowing access to life-changing gene therapies. They develop a gene therapy development engine designed to allow access to life-changing gene therapies and aiding to bring them from an idea into reality. They specialize in gene therapy manufacturing and therapeutics development and offers end-to-end abilities to expedite gene therapy programs from the preclinical stage through clinical and on to commercial-scale manufacturing, whereby helping people with rare genetic diseases through transformative medicines.

  • Founders: Timothy Miller, Jaysson Eicholtz, Erandi De Silva
  • Last Funding Amount: 40000000 USD
  • Last Funding Type: Series A
  • Top Investors: Perceptive Advisors, Drive Capital

8. Name of Startup: Sonoma BioTherapeutics Top Funded Biotech Startups In 2020

  • Categories: Biotechnology, Life Science, Therapeutics
  • Headquarters Location: South San Francisco, California, United States
  • Founded Year: 2019
  • Website: https://www.sonomabio.com/

About Sonoma BioTherapeutics: Sonoma BioTherapeutics is leading the development of adoptive Treg therapies cells for autoimmune. They are developing the future of living therapies for autoimmune disease safe, efficient treatments as novel as each individual patient. Regulatory T cell therapies that harness a patient’s own immune cells, powerful next-generation gene-editing techniques, and advanced manufacturing and quality assurance processes. They develop a best-in-class regulatory T cell therapy that delivers long-lasting, profoundly effective treatments leading to cure over a spectrum of autoimmune and degenerative diseases.

  • Founders: Alexander Rudensky, Qizhi Tang, Jeffrey Bluestone
  • Last Funding Amount: 30000000 USD
  • Last Funding Type: Series A
  • Top investors: Alexandria Venture Investments, JDRF T1D Fund, Lifeforce Capital, Octagon Capital Partners, Lyell Immunopharma, Lilly Asia Ventures, 8VC, ARCH Venture Partners, Milky Way Ventures

9. Name of Startup: Matterhorn Biosciences

  • Categories: Biopharma, Biotechnology
  • Headquarters Location: Allschwil, Switzerland
  • Founded Year: 2020

About Matterhorn Biosciences: It is a biotechnology firm concentrating on the discovery of cellular therapies targeting the MR1 molecule. The firm will develop treatments based on T cells that target metabolites, present in cancer cells by a molecule called MR1 along with a library of T-cell receptors (TCRs) that can be attached to MR1T cells that identify different metabolites, aiding physicians and doctors.

  • Founders: Lucia Mori, Gennaro De Libero
  • Last Funding Amount: 30000000 USD
  • Last Funding Type: Seed
  • Top investors: Versant Ventures

10. Name of Startup: ExeVir Bio

  • Categories: Biotechnology, Health Care, Life Science, Therapeutics
  • Headquarters Location: Zwijnaarde, Belgium
  • Founded Year: 2020
  • Website: https://exevir.com/

About ExeVir Bio: ExeVir Bio develops single-domain antibody-based therapies that aid patients ward off viral infections. They are controlling the llama-derived antibody technology platform to produce robust antiviral therapies providing broad protection against coronaviruses. They use an extremely innovative and clinically validated VHH technology to advance treatments for viral infections that may profess an important global threat.

  • Last Funding Amount: 27000000 USD
  • Last Funding Type: Series A
  • Top investors: Fund+, SFPI-FPIM, UCB Ventures, V-Bio Ventures, VIB

11. Name of Startup: Treadwell Therapeutics

Top Funded Biotech Startups In 2020

  • Categories: Biotechnology, Health Care, Therapeutics
  • Headquarters Location: New York, New York, United States
  • Founded Year: 2019
  • Website: http://treadwelltx.com/

About Treadwell Therapeutics: It is a clinical-stage oncology company. They utilize cancer cells’ vulnerabilities to produce first-in-class and best-in-class small molecules to address unmet requirements in people with cancer. They are a clinical-stage biotechnology company developing novel therapeutics for extremely aggressive cancers by targeting critical tumor-specific vulnerabilities. The company’s program aids to explore and develop an engine that is multi-functional and needs highlighting highly experienced experts in both drug discovery and early to late-stage clinical development, enabling patients to recuperate faster from any type of disease.

  • Founders: Mark Bray, Tak Mak
  • Last Funding Amount: 27000000 USD
  • Last Funding Type: Seed
  • Top investors: TIO Bioventures

12. Name of Startup: GentiBio

  • Categories: Biotechnology, Life Science
  • Headquarters Location: Seattle, Washington, United States
  • Founded Year:2020
  • Website: https://www.gentibio.com/

About GentiBio: It is a biotherapeutics company developing engineered regulatory T cells programmed to treat autoimmune allergic diseases. They intend to treat diseases related to autoimmunity, alloimmunity, autoinflammatory, and allergy. They develop engineered regulatory T cells, thus aiding patients by favorably restoring immune tolerance and succeeding major shortcomings in existing regulatory T-cell therapeutics.

  • Founders: Adel Nada, David Rawlings, Gidi Gross, Jane Buckner
  • Last Funding Amount: 20000000 USD
  • Last Funding Type: Seed
  • Top investors: RA Capital Management, OrbiMed, Novartis Venture Fund

13. Name of Startup: Genespire Top Funded Biotech Startups In 2020

  • Categories: Biotechnology, Life Science
  • Headquarters Location: Milan, Lombardia, Italy
  • Founded Year: 2020
  • Website: https://www.genespire.com

About Genespire: It is a biotechnology company aimed at the development of transformative gene therapies for people with genetic diseases, particularly primary immunodeficiencies and inherited metabolic diseases. They are a spin-off of SR-Tiget, a world-leading cell, and a gene therapy research institute.

  • Founders: Alessio Cantore, Luigi Naldini, Fondazione Telethon, Ospedale San Raffaele
  • Last Funding Amount: 1,87,33,040 USD
  • Last Funding Type: Series A
  • Top investors: Sofinnova Partners

14. Name of Startup: Lengo Therapeutics

  • Categories: Biotechnology, Medical, Pharmaceutical
  • Headquarters Location: Menlo Park, California, United States
  • Founded Year: 2020

About Lengo Therapeutics: It is a biopharmaceutical company aimed at the discovery and development of novel cancer treatments. They work to identify several mutations in cancers that were not well addressed by existing therapeutics, aiding physicians, and pharma companies to target driver mutations in cancer. They offer to recognize various mutations in cancers that were not well discussed by existing therapeutics, aiding physicians, and pharma firms to aim driver mutations in cancer.

  • Last Funding Amount: 15000000 USD
  • Last Funding Type: Series A
  • Top investors: Frazier Healthcare Partners

15. Name of Startup: C19

  • Categories: Biotechnology
  • Headquarters Location: Hauppauge, New York, United States
  • Founded Year: 2020

About C19: C19 is a biotech company.

  • Last Funding Amount: 14844989 USD

16. Name of Startup: MRM Health NV

  • Categories: Biotechnology, Pharmaceutical
  • Headquarters Location: Ghent, Oost-Vlaanderen, Belgium
  • Founded Year: 2020
  • Website: www.mrmhealth.com

About MRM Health NV: It is a biopharmaceutical company aimed at the discovery and development of therapeutics based on the human microbiome. They are aimed to redefine microbiome-based therapeutics by merging strains into synergistic consortia through a proprietary optimization process. They have set up a diversified pipeline of differentiating product leads based on live bacteria for the prevention or treatment of various diseases. They allow life science, researchers, to succeed in the critical bottlenecks related to CMC, engraftment, and efficacy hampering microbiome-based product development.

  • Founders: Sam Possemiers
  • Last Funding Amount: 1,63,93,090 USD
  • Last Funding Type: Series A
  • Top investors: Ackermans & van Haaren, DuPont Nutrition & Biosciences, VIB, Qbic Fund

17. Name of Startup: Evozyne Top Funded Biotech Startups In 2020

  • Categories: Biotechnology, Life Science, Medical
  • Headquarters Location: Chicago, Illinois, United States
  • Founded Year: 2020
  • Website: evozyne.com

About Evozyne: It is a biotechnology company that concentrates on protein design and molecular scale. They intend to create novel proteins with advanced functionality based on data-driven molecular engineering. Their data-driven molecular engineering technology computationally expedites what can be accomplished through millions of years of evolution. Their strategy is immensely more effective than directed evolution and more extensive than the current physics-based design of proteins.

  • Founders: Rama Ranganathan
  • Last Funding Amount: 9183673 USD
  • Last Funding Type: Early Stage VC
  • Top investors: Valor Equity Partners, Paragon Biosciences

18. Name of Startup: Montis Biosciences

  • Categories: Biotechnology, Therapeutics
  • Headquarters Location: Meise, Vlaams-Brabant, Belgium
  • Founded Year: 2020
  • Website: montisbiosciences.com

About Montis Biosciences: They develop novel immune-oncology therapeutics targeting the intersection between vascular dysfunction. They intend to sustain immune reactions against solid tumors. They therapeutically utilize cellular interactions between perivascular macrophages and tumor vasculature and provide insights into how these two classes of cells interact, whereby enabling doctors to target different tumors from a different angle utilizing novel therapeutic approaches.

  • Founders: Massimiliano Mazzone, Peter Carmeliet
  • Last Funding Amount: 98,36,946 USD
  • Last Funding Type: Seed
  • Top investors:  Pfizer Venture Investments, University of Leuven, DROIA, ALSA Ventures, Polaris Partners, VIB

19. Name of Startup: Accure Therapeutics Top Funded Biotech Startups In 2020

  • Categories: Biotechnology, Therapeutics
  • Headquarters Location: Barcelona, Catalonia, Spain
  • Founded Year: 2020
  • Website: accure.health/

About Accure Therapeutics: It is a private pharma R&D engine at the clinical stage in the CNS field. They intend to treat diseases related to the CNS. They specialize in developing drugs for critical orphan and non-orphan CNS diseases, aiding physicians to cure diseases related to the CNS.

  • Founders: Laurent Nguyen
  • Last Funding Amount: 89,00,907.20 USD
  • Last Funding Type: Alta Life Sciences, Centre for the Development of Industrial Technology (CDTI)
  • Top investors: Series A

Keywords: Top Funded Biotech Startups In 2020, Top Funded biotech companies of 2020, biotech startups 2020, Top funded biotech startups companies 2020, Top funded biotechnology startups of 2020, top biotech startups list 2020, top biotechnology startups with funding


 

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