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

  • September 1, 2026 BHB810 dosing starts a value-creating gastric cancer catalyst.
  • April 28, 2025 Series B raised $124.1 million, funding trials and platform expansion.
  • April 17, 2025 Lilly collaboration validates Milliner and adds equity plus program funding.

What critics are saying

  • BHB810 is BigHat’s first clinical readout; failure in 2026-2027 undermines the whole platform.
  • BigHat depends on Lilly, Janssen, Merck, and Synaffix; partner pullback starves pipeline growth.
  • ADC competition from Pfizer, Daiichi Sankyo, and BioNTech compresses margins and time-to-differentiation.

What makes BigHat Biosciences unique

  • BigHat’s Milliner platform compresses antibody design, testing, and optimization into weekly cycles.
  • BHB810 is BigHat’s first AI-designed program in human studies on September 1, 2026.
  • Stefan Weigand joined June 10, 2026, bringing Roche-scale biologics execution and platform discipline.

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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

-2%

1 year growth

-5%

2 year growth

-1%
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.

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.

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