California Biotech Insights
September 16, 2025
Recent Funding: Ridge Biotechnologies (SF) Launches with $25M Seed to Improve ADCs and Biologics Ridge Bio, backed by Sutter Hill Ventures and advised by Nobel laureate Carolyn Bertozzi and MIT’s Sangeeta Bhatia, will use AI to design enzymes for better antibody-drug conjugates and biologics. Led by Weston Kightlinger, the startup is already partnered with an […]
September 11, 2025
September 9, 2025
Recent Funding: Atlas Venture Raises $400M to Bolster Biotech Portfolio Atlas Venture closed a $400M opportunity fund aimed at supporting its existing biotech companies amid a tighter funding climate. Portfolio companies span multiple therapeutic areas, including Comanche Biopharma (preeclampsia), Be Biopharma (B cells), Judo Bio (kidney disease), Kailera Therapeutics (obesity), and Lifordi Immunotherapeutics (ADCs for […]
September 4, 2025
September 2, 2025
Recent Funding: Plexium (SD) Raises $60M to Advance Protein Degrader Pipeline Protein degrader startup Plexium secured a $60M round backed by top investors including RA Capital, BVF Partners, and SoftBank. Its lead program, PLX-4545, is a molecular glue degrader in the clinic targeting IKZF2 to boost immune checkpoint inhibitor responses in solid tumors. Shenandoah Therapeutics […]
August 28, 2025