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.

Funded Recently

About BigHat Biosciences

Simplify's Rating
Why BigHat Biosciences is rated
B
Rated A 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 C

Total Funding

$174.3M

Headquarters

San Mateo, California

Founded

2019

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Simplify's Take

What believers are saying

  • BigHat closed a $75 million Series C on September 24, 2026, extending runway.
  • September 2026 dosed BHB810’s first patient, creating the first clinical validation event.
  • Merck continued evaluating BigHat sequences after three completed projects and an undisclosed milestone payment.

What critics are saying

  • BHB810 has zero human efficacy data; a weak Phase 1 readout in 2027 crushes the story.
  • BHB299 stays preclinical; missing a 2027 filing signals platform slowdown and pipeline concentration.
  • If partnered programs stop producing milestones, BigHat becomes an expensive services shop.

What makes BigHat Biosciences unique

  • Milliner couples autonomous wet lab cycles with machine learning; few rivals own both.
  • BHB810 entered Phase 1 on September 1, 2026, validating platform-to-clinic execution.
  • Merck, J&J, and Lilly collaborations prove BigHat can generate partner-grade antibody designs.

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Funding

Total Funding

$174.3M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$75M
BigHat Biosciences
$100M
Oura

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -1%

2 year growth

↑ 1%
DevCuration
Sep 25th, 2026
BigHat Biosciences builds an ai-native antibody engine.

BigHat Biosciences builds an ai-native antibody engine. BigHat Biosciences is building an AI-native system for designing protein therapeutics, with an unusual insistence that the software answer to the laboratory. Its platform connects frontier models to autonomous, high-throughput experiments, then feeds the resulting biological data back into the next design cycle. The San Mateo biotechnology company was founded in 2019 by Peyton Greenside and Mark DePristo. Greenside now serves as CEO, while DePristo remains a co-founder and adviser. BigHat develops wholly owned medicines and works with pharmaceutical partners on difficult antibody-engineering programs. BigHat matters now because its thesis has crossed into the clinic. Lead program BHB810 entered a Phase 1 study in 2026, a second candidate is moving through preclinical development, and a new $75M Series C brought company-reported funding to $223M. The question is no longer whether AI can propose an interesting protein. The question is whether a company can repeatedly turn designs into drug candidates with the manufacturing, safety, and clinical properties that medicine demands. How BigHat's AI and wet lab work together. BigHat's core advantage is supposed to be a learning loop, not a single model. Milliner is the company's automated experimental engine. It produces and characterizes protein variants, generating the positive and negative results that models need to improve. Reccy acts as the data-control layer, while Reccy Antibody Design Studio, or RADS, coordinates models and datasets across programs. That architecture attacks a recurring weakness in AI drug discovery: a model can generate more molecules than a traditional laboratory can reliably build, test, and learn from. BigHat designed the laboratory around the computational cycle, with standardized assays, automation, and software linking predicted properties to measured outcomes. For partners, BigHat reports one- to two-week data-generation cycles, support across major antibody formats, and more than 20 assay types. Those figures are company-reported, but they reveal the operating ambition. BigHat is trying to make biological data production behave less like a series of bespoke experiments and more like an engineered system that improves with use. The pipeline is becoming the platform's real test. BHB810 is BigHat's lead clinical program, a CDH17-directed antibody-drug conjugate for gastric cancer and other advanced gastrointestinal malignancies. BigHat announced the first patient dosed in September 2026 in a Phase 1 dose-escalation study. The company has reported encouraging preclinical findings, but no human clinical outcome data is available. The distinction matters. AI-designed medicine has spent years collecting elegant demos, promising papers, and patient investors. Clinical development is less impressed by novelty. A molecule has to show acceptable safety, measurable activity, manufacturability, and a benefit that survives contact with human biology. BHB299, an avidity-driven CEACAM6xCD3 T-cell engager for solid tumors, is BigHat's second named program. The company says it is nearing the end of preclinical development and plans to begin human studies in 2027. Additional oncology and immunology programs remain earlier or undisclosed. Partnerships add a second route to validation. BigHat's partnering strategy gives the platform another way to prove itself while its internal pipeline matures. The company has announced collaborations with Amgen, Merck, Johnson & Johnson, AbbVie, and Eli Lilly across oncology, immunology, neuroscience, and broader protein-engineering challenges. The most useful signal is completed work, not logo density. BigHat reported successful completion of a strategic J&J collaboration and three Merck project collaborations. Merck is continuing to evaluate sequences generated through those programs, and BigHat received an undisclosed milestone payment after the three projects. This hybrid model is demanding. Partner programs can generate data, revenue, and external validation, but they also compete for scientific attention with wholly owned assets. BigHat has to show that the same infrastructure can serve different molecular problems without becoming a custom-services shop wearing an AI badge. Leadership reflects a company moving into development. BigHat's current leadership spans computation, laboratory systems, drug development, and business operations. Peyton Greenside leads the company as CEO and co-founder. Stefan Weigand, formerly head of large-molecule research at Roche, is Chief Scientific Officer. John Corbin is Chief Development Officer, and Liz Schwarzbach is Chief Business Officer. The operating bench also includes Eddie Abrams as Chief Information Officer, Charbel Eid as VP of Platform, Hunter Elliott as VP of Machine Learning, Ryan Henrici as VP of Discovery Medicine, and Brett Weinstein as VP of Finance. That mix tracks the company's central burden: BigHat has to run an AI organization, an automated laboratory, a drug-discovery engine, and a clinical-stage biotech at the same time. Leadership changes also deserve precision. Mark DePristo helped found BigHat and served as its earlier CEO. Greenside is the current CEO. Treating those titles as interchangeable would make the story cleaner and the facts worse, a trade biotech has already made often enough. Hiring shows where BigHat expects pressure. BigHat's careers page listed 21 open roles on September 24, 2026. The openings spanned laboratory science, machine learning, software engineering, clinical operations, finance, and corporate systems. A time-stamped job count can change quickly, but the functional spread says more than the total. The company is staffing both sides of the loop. It needs people who can automate experiments, characterize molecules, build models, maintain data infrastructure, and move candidates through clinical development. That is a sign of execution load, not proof of commercial success. BigHat describes its culture as high-performance, collaborative, family-friendly, and patient-focused, with an emphasis on integrity and work-life balance. The real cultural test will be whether teams with radically different working rhythms can share one operating system. Machine-learning researchers iterate in code. Clinical organizations advance through documentation, controls, and decisions that cannot be hot-fixed on Friday night. What BigHat Biosciences must prove next. The September 2026 $75M Series C gives BigHat more runway to advance BHB810, prepare BHB299 for the clinic, expand its data platform, and support partnered work. It also raises the standard of proof. BigHat now has to deliver clinical readouts without confusing preclinical promise for patient benefit. It has to show that its data advantage compounds across programs, that partner successes translate into repeatable economics, and that a larger organization can preserve the speed of its design-build-test-learn loop. The company has built an impressive machine for asking biology better questions. The next chapter is about the answers: whether BigHat can turn AI, automation, and disciplined experimentation into medicines that work for patients, not just models that look smart on a slide.

HedgeCo
Sep 25th, 2026
BigHat Biosciences raised $75 million Series C co-led by DFJ Growth and Premji Invest:

BigHat Biosciences raised $75 million Series C co-led by DFJ Growth and Premji Invest: HedgeCo.Net - San Mateo-based BigHat Biosciences on September 24, 2026 announced a $75 million Series C co-led by DFJ Growth and Premji Invest, bringing total funding raised to about $223 million, according to the company's Business Wire release syndicated on BioSpace and Axios Pro Biotech coverage. Catalio Capital Management, LG Technology Ventures, Sigmas Group and existing investors including 8VC, Andreessen Horowitz, Amgen Ventures, Eli Lilly and Company, Merck Global Health Innovation Fund and Section 32 participated. Proceeds support advancement of BigHat's clinical-stage pipeline - including CDH17 ADC BHB810, which has dosed a first Phase 1 patient, and CEACAM6 T-cell engager BHB299 nearing completion of preclinical development - and growth of its AI-plus-autonomous-experimentation platform for rapid protein design. CEO and co-founder Peyton Greenside said the financing advances both the pipeline of BigHat-designed therapeutics and the data platform that powers frontier models for protein design. For protein-AI venture trackers, the hard marks are the $75 million Series C, DFJ Growth and Premji Invest co-leads, ~$223 million cumulative funding, San Mateo base, and clinical/preclinical markers for BHB810 and BHB299. Do not invent a round valuation beyond what the cited releases disclose.

The Pharma Letter
Sep 24th, 2026
BigHat Biosciences closes $75 million Series C financing.

BigHat Biosciences closes $75 million Series C financing. 24 September 2026 California, USA-based clinical-stage, AI-driven biotech BigHat Biosciences today announced the completion of a $75 million Series C financing, bringing its total funding raised to date to $223 million. The round was co-led by DFJ Growth & Premji Invest with participation from Catalio Capital Management, LG Technology Ventures, Sigmas Group, and existing investors including 8VC, Alexandria Venture Investments, Amgen (Nasdaq: AMGN), Andreessen Horowitz (a16z), Discovery Ventures, GRIDS Capital, Intermountain Ventures, Eli Lilly (NYSE: LLY), and Merck Global Health Innovation Fund, Quadrille Capital, and Section 32. This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here. Try before you buy Free. 7 day trial access * All the news that moves the needle in pharma and biotech * Exclusive features, podcasts, interviews, data analyses and commentary from its global network of life sciences reporters. * Receive The Pharma Letter daily news bulletin, free forever. Become a subscriber £820. Or £77 per month * Unfettered access to industry-leading news, commentary and analysis in pharma and biotech. * Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results. * Daily roundup of key events in pharma and biotech. * Monthly in-depth briefings on Boardroom appointments and M&A news. * Choose from a cost-effective annual package or a flexible monthly subscription The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It's part of the key information for keeping me informed Chairman, Sanofi Aventis UK More on this story... 21 July 2022 17 April 2025 9 September 2024 Company news directory. Companies featured in this story. Sign up to receive email updates Join industry leaders for a daily roundup of biotech & pharma news Today's issue. 24 September 2026 Company spotlight. A biotech company integrating AI and synthetic biology to design safer and more effective antibody therapeutics. More features in biotechnology. 24 September 2026

Associated Press
Sep 1st, 2026
BigHat Biosciences doses first patient with AI-designed antibody-drug conjugate BHB810 for gastric cancer treatment

BigHat Biosciences has dosed the first patient in a Phase 1 clinical trial of BHB810, a novel antibody-drug conjugate targeting gastric cancer and advanced gastrointestinal tumours. The AI-designed therapy targets Cadherin-17 and represents the company's first programme to advance from AI-generated design into human studies. The dose escalation trial will evaluate safety, tolerability, and preliminary antitumor activity in patients with advanced gastric and gastroesophageal tumours. In preclinical studies across nearly 30 tumour models, BHB810 achieved complete or near-complete tumour clearance, including in cancers with low CDH17 expression. BigHat is also developing BHB299, a solid tumour treatment expected to enter clinical trials in 2027. The San Mateo-based company maintains active collaborations with Merck, Johnson & Johnson, and Eli Lilly.

BigHat Biosciences
Sep 1st, 2026
BigHat Biosciences announces first patient dosed in Phase 1 trial evaluating BHB810, a novel cdh17-directed antibody-drug conjugate, for the treatment of gastric cancer and other advanced gastroint...

BigHat Biosciences announces first patient dosed in Phase 1 trial evaluating BHB810, a novel cdh17-directed antibody-drug conjugate, for the treatment of gastric cancer and other advanced gastrointestinal tumors. BHB810, the first clinical program from BigHat's AI discovery platform, showed complete or near-complete tumor clearance and a favorable safety profile in preclinical studies SAN MATEO, CALIFORNIA - September 1, 2026: BigHat Biosciences, a clinical-stage, AI-driven protein therapeutics platform company, today announced that the first patient has been dosed in its Phase 1 clinical trial evaluating BHB810, a novel, potentially best-in-class Cadherin-17 (CDH17)-directed VHH-Fc antibody-drug conjugate (ADC) for the treatment of gastric cancer and other advanced gastrointestinal (GI) malignancies. BHB810 was engineered using BigHat's AI-powered antibody design platform to combine potent antitumor activity against CDH17-expressing tumors with a differentiated safety profile and favorable manufacturability. "The treatment of the first patient with BHB810 marks an important step forward in our mission to enable transformative AI-designed therapeutics and comes during a period of steady momentum for BigHat, as we continue to advance both our pipeline of novel therapeutics and AI platform," said Peyton Greenside, co-founder and CEO of BigHat. "This is the first program we've taken from AI-generated design into human studies, validating the ability of our platform to identify and develop promising antibodies into clinic-ready therapeutics. BHB810 could offer a differentiated approach to address a target that has been difficult to drug well, and we are excited by the potential to offer a much-needed new treatment option for patients living with GI cancers." The first-in-human, Phase 1 dose escalation trial will evaluate the safety, tolerability, pharmacokinetics, and preliminary antitumor activity of BHB810. The trial will initially enroll patients with advanced gastric and gastroesophageal (GEJ) tumors. "Despite recent advances, patients with advanced gastric cancers and other GI malignancies continue to face substantial unmet medical needs," said Principal Investigator Alexander Spira, M.D., Ph.D., Chief Executive Officer and Chief Scientific Officer of NEXT Oncology-Virginia and Co-Director of the Virginia Cancer Specialists Research Institute. "We are excited to help advance BHB810, a potentially best-in-class CDH17-targeted antibody-drug conjugate developed using BigHat's AI-driven antibody engineering platform, as a potential new treatment option for patients." Across a preclinical program spanning nearly 30 patient- and cell-derived tumor models, including gastric cancers with low and heterogeneous CDH17 expression, BHB810 drove complete or near-complete tumor clearance. Its compact antibody format and highly stable payload technology also translated into a favorable safety profile in preclinical studies. Beyond BHB810, BigHat is developing a portfolio of investigational therapeutics. BHB299, an avidity-driven TCE targeting CEACAM6 for the treatment of solid tumors, is expected to enter the clinic in 2027. BigHat has also successfully designed multiple antibody therapeutics with leading pharmaceutical companies, including Merck and Johnson & Johnson, in addition to multiple active collaborations, including one with Eli Lilly to design antibodies with enhanced functionality to benefit patients with chronic disease. About BigHat Biosciences BigHat Biosciences is an AI-native biotechnology company designing and developing next-generation protein therapeutics. BigHat's proprietary platform integrates frontier AI with autonomous, high-throughput experimentation to generate gold-standard biological data at scale, creating a continuous learning loop between molecular design and experimental validation. This integrated approach enables BigHat to rapidly design, optimize and advance differentiated therapeutics with the properties needed for clinical development. By combining leading technology with deep therapeutic development expertise, BigHat is working to translate advances in AI and biology into transformative medicines for patients. BigHat is headquartered in San Mateo, CA. Learn more at www.bighatbio.com and follow BigHat Bio on LinkedIn. Media Contact Mimi Shilling [email protected]

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