BigHat Biosciences

BigHat Biosciences

ML-guided antibody discovery and engineering

Overview

BigHat Biosciences designs and develops antibody therapies by combining machine learning with synthetic biology. Its Milliner platform integrates a wet-lab workflow with AI to discover, engineer, and fully characterize hundreds of recombinant antibodies each week, enabling rapid development of safer and more effective treatments for hard-to-treat diseases such as certain infections and cancers. Unlike traditional antibody discovery, Milliner provides end-to-end screening, purification, and characterization in a high-throughput, weekly workflow, speeding up the path from concept to candidate. The company differentiates itself through its integrated platform that couples ML-driven design with synthetic biology experimentation, a focus on challenging diseases, and a culture that emphasizes work-life balance. Its goal is to deliver faster, safer antibody therapies to patients by expanding access to rapid discovery and engineering capabilities for healthcare providers and patients alike.

About BigHat Biosciences

Simplify's Rating
Why BigHat Biosciences is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

AI & Machine Learning

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$99.3M

Headquarters

San Carlos, California

Founded

2019

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Simplify's Take

What believers are saying

  • January 7, 2026, Lilly expanded its BigHat collaboration through Lilly TuneLab.
  • BigHat started NCT07529808 in June 2026 for BHB810 in gastric and GEJ cancer.
  • The company raised $124.1 million in April 2025, extending runway into clinical execution.

What critics are saying

  • BHB810 entered phase 1/2 on June 30, 2026; efficacy failure destroys platform credibility.
  • BigHat depends on Lilly and other partners for validation, cash, and external leverage.
  • If the first clinical programs disappoint through 2028, BigHat becomes a stranded preclinical company.

What makes BigHat Biosciences unique

  • BigHat’s Milliner platform pairs automated wet lab iteration with machine learning at scale.
  • June 10, 2026, BigHat hired Roche veteran Stefan Weigand as chief scientific officer.
  • BigHat combines AI design, Synaffix ADC licensing, and internal biologics programs.

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Funding

Total Funding

$99.3M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$75M
BigHat Biosciences
$100M
ClickUp

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

2%
Associated Press
Jun 10th, 2026
BigHat Biosciences names ex-Roche research head Stefan Weigand as chief scientific officer

BigHat Biosciences has appointed Stefan Weigand as Chief Scientific Officer. Weigand joins from Roche, where he led Large Molecule Research, overseeing approximately 350 scientists and the company's biologics pipeline from discovery through Phase I. At Roche, Weigand doubled the biologics research organisation's output to five to six molecules entering first-in-human trials annually. His team established therapeutic platforms including BrainShuttle and CrossMab, enabling over 60 molecules to advance into clinical development. At BigHat, Weigand will lead scientific strategy across the company's AI-driven drug design platform, which combines generative protein design with high-throughput experimental cycles. The platform uses Bayesian optimisation and reinforcement learning to engineer antibodies and complex protein therapeutics.

Silverwood Partners
May 8th, 2025
BigHat Biosciences raises $124.1M Series B

BigHat Biosciences raised $124 million in Series B funding led by S32 on April 28, 2025, with a pre-money valuation of $180 million. Participants included Amgen, Bristol-Myers Squibb, Quadrille Capital, Gaingels, GRIDS Capital, Axial, Quain Investments, Andreessen Horowitz, 8VC, AME Cloud Ventures, and Kevin Moore.

BioCentury
Mar 5th, 2025
CFO Anthony Doyle resigns at Biocryst

Co-founder Mark DePristo has stepped down as CEO of Bighat Biosciences Inc. and is succeeded by fellow co-founder Peyton Greenside, who was president and CSO.

BioPharma-Reporter
Nov 5th, 2024
Synaffix and BigHat Biosciences collaborate to develop AI-designed ADC

The Danish company Adcendo and Chinese company Multitude Therapeutics entered into a $1 billion deal to develop ADCs for the treatment of cancer; and in August, the FDA lifted a partial hold on a Phase 1 trial evaluating an ADC candidate developed by MediLink Therapeutics and BioNTech for the treatment of advanced or metastatic non-small cell lung cancer and breast cancer.

World Pharmaceutical Frontiers
Nov 5th, 2024
BigHat licenses Synaffix's site-specific ADC technology platform

BigHat obtains access to Synaffix's site-specific ADC technology platform, and plans to combine Synaffix technology with its advanced ML antibody design platform to develop a new ADC pipeline

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