# Aizen Therapeutics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aizen-therapeutics

- Industry: Biotechnology
- Headquarters: San Diego, US
- Website: www.aizentx.com
- Total disclosed funding: $9.4M
- Latest round: Seed (Nov 21, 2024)
- Investors on record: 3

## About

Founded in 2022 by Ajay Kshatriya, Todd Peterson, and David Van Valen, and based in California, US, Aizen Therapeutics is a biotechnology that develops medicine for treating solid tumors and neuroscience. In November 2024, Aizen Therapeutics raised USD 13 million in venture funding led by Madrona Venture Group, with participation from Wilson Hill Ventures and Cercano Management.

Aizen Therapeutics focuses on creating Mirror Peptides, which are synthetic peptides made entirely from D-amino acids. These peptides provide improved stability and reduced immunogenicity compared to traditional therapies. Utilizing the proprietary DaX™ platform, the company designs and optimizes these peptides for targeted delivery, serving pharmaceutical firms and research institutions primarily in North America and Europe.

Aizen Therapeutics generates revenue through partnerships and collaborations with pharmaceutical and biotechnology firms, including licensing agreements for its Mirror Peptides and DaX™ platform. 

Following the recent funding round on November 21, 2024, Aizen Therapeutics will use the USD 13 mn raised to develop a new category of biological medicine. The company aims to launch innovative products utilizing its advanced peptide technology and plans to expand its market presence in Europe and Asia by 2025, targeting increased demand for next-generation therapeutics.

## Funding rounds

- Seed, Nov 21, 2024, $9.4M — Madrona Venture Group, Cercano Management, Wilson Hill Ventures

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed
- Cercano Management (https://capitalatlas.ai/funds/cercano-management) — Seed
- Wilson Hill Ventures (https://capitalatlas.ai/funds/wilson-hill-ventures) — Seed