Passkey Therapeutics

BiotechnologySeedCambridge, USpasskeytx.com

Latest round

Seed

Last raised

Jun 2024

Total raised

$19M

Investors

6

About Passkey Therapeutics

Passkey Therapeutics, Inc.Founded by Bruce Beutel, Soumya Ray, and William Chen, Passkey Therapeutics, Inc. is headquartered in Cambridge, US, and specializes in creating advanced therapeutic solutions for multifaceted diseases.Passkey Therapeutics specializes in developing a new class of drugs known as Synergistic Multifunctional Therapeutics (SMThs) aimed at treating complex diseases such as cancer, autoimmune disorders, neurodegenerative diseases, and metabolic disorders. Their innovative approach leverages biological complexity by targeting Multilogs—unique combinations of proteins that interact synergistically—rather than focusing on single-protein targets. This method is facilitated through their proprietary integrated computational and experimental platform called Locksmith, which identifies these Multilogs and expands the landscape of potential drug targets. The company engages in B2B transactions, collaborating with pharmaceutical firms and healthcare organizations to develop and distribute its SMThs. Revenue generation involves milestone payments associated with drug development phases, collaborative research, and licensing agreements with established pharmaceutical companies.35 mn to develop a novel class of multifunctional medicines using a unique platform that targets uncommon protein combinations. The company aims to launch new products tailored for complex diseases and expand into global markets, including specific regions in North America and Europe, by 2025. With a focus on enhancing its research capabilities and accelerating drug development, Passkey is positioned to leverage its innovative platforms and collaborations to meet the increasing demand for advanced therapeutic options.

Who invested in Passkey Therapeutics

6 investors across 1 round

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Funding rounds

  1. Seed

    Jun 27, 2024

    Amount

    $19M

    Investors

    Locked

Questions about Passkey Therapeutics

Who invested in Passkey Therapeutics?

Passkey Therapeutics has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Passkey Therapeutics raised?

Passkey Therapeutics has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Passkey Therapeutics last raise money?

Passkey Therapeutics's most recent round on record is a Seed, in Jun 2024.

What does Passkey Therapeutics do?

Passkey Therapeutics is a biotechnology company.

Where is Passkey Therapeutics headquartered?

Passkey Therapeutics is headquartered in Cambridge, US.

Which VCs invest in companies like Passkey Therapeutics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Passkey Therapeutics's stage. Their profiles are linked below.

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