California Biotech Insights
December 4, 2025
December 2, 2025
Recent Funding: Protego Biopharma (SD) Raises $130M to Advance Protein-Folding Therapy for Rare Disease Protego Biopharma secured a $130M Series B led by Novartis Venture Fund and Forbion to advance its small-molecule drug for amyloid light chain (AL) amyloidosis, a deadly protein misfolding disorder affecting the heart and organs. The biotech’s lead candidate, PROT-001, aims […]
November 25, 2025
Recent Funding: Dayra Therapeutics (SF) Launches with $70M from Biogen and Versant to Develop Oral Macrocycles Dayra Therapeutics emerged from stealth with a $50M upfront partnership from Biogen and $20M investment from Versant Ventures to develop oral macrocycle drugs for immune and inflammatory diseases. The company aims to create pill-based treatments that combine the precision […]
November 20, 2025
November 18, 2025
Recent Funding: Gate Bioscience (SF) Raises $65M to Advance “Molecular Gate” Protein Degraders Gate Bioscience secured $65M in Series B funding from investors including Forbion, Eli Lilly, a16z, ARCH, and GV to move its novel small-molecule “molecular gate” degraders into human trials. The biotech’s approach blocks disease-causing proteins as they exit cells, with its lead […]
November 11, 2025
Recent Funding: Iambic Therapeutics (SD) Raises $100M+ to Advance AI-Designed Cancer Drugs Iambic Therapeutics secured over $100 million in new funding led by ARK Invest and Regeneron Ventures to advance its AI-driven small molecule programs, including new HER2, KIF18A, and CDK2/4-targeting cancer therapies. The biotech uses generative AI to design and optimize drugs in-house, with […]