BigHat Biosciences

BigHat Biosciences

Develops antibody therapies using machine learning

About

BigHat Biosciences focuses on developing antibody therapies using machine learning and synthetic biology to create treatments for challenging diseases, including certain infections and cancers. Their main product is the Milliner platform, which integrates a synthetic biology lab with advanced machine learning to rapidly synthesize, purify, and characterize hundreds of recombinant antibodies each week. This efficient process allows them to produce better antibodies more quickly than many competitors. BigHat serves healthcare providers and patients, generating revenue through the development and sale of their therapies. The company aims to improve treatment options for difficult diseases while maintaining a supportive work environment for its employees.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning, Biotechnology, Healthcare

Total Funding

$96.6M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • BigHat's recent $75 million Series B funding round, led by prominent investors, provides substantial financial backing for aggressive expansion and product development.
  • The company's emphasis on work-life balance and a family-friendly culture makes it an attractive workplace in the high-pressure biotech industry.
  • Collaborations with major pharmaceutical companies like Merck and Johnson & Johnson offer significant opportunities for career growth and exposure to cutting-edge research.

What critics are saying

  • The competitive biotech landscape requires continuous innovation to maintain a leading position, which can be resource-intensive.
  • Dependence on strategic partnerships for growth could pose risks if these collaborations do not yield expected results.

What makes BigHat Biosciences unique

  • BigHat Biosciences leverages its proprietary Milliner platform, which integrates synthetic biology and machine learning, to accelerate the discovery and engineering of high-quality antibodies, setting it apart from traditional biotech approaches.
  • The company's focus on difficult-to-treat diseases, such as certain infections and cancers, positions it uniquely in the biotech market, targeting areas with significant unmet medical needs.
  • Strategic collaborations with industry giants like Johnson & Johnson and Merck highlight BigHat's credibility and the advanced capabilities of its Milliner platform.

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Growth & Insights
Headcount

6 month growth

17%

1 year growth

27%

2 year growth

107%

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