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Hexagon Bio uses synthetic biology and data science to discover and develop new medicines by analyzing genomic data from thousands of species to find small molecules that inhibit disease-related proteins. Its proprietary algorithm searches genomes to identify lead compounds and its platform can quickly turn those molecules into candidates suitable for clinical development. The company blends computational biology, chemistry, and synthetic biology to move from genome data to drug candidates faster, and it leverages inexpensive sequencing to access diverse genetic information while producing leads in-house. Its goal is to build a steady pipeline of drug candidates and license them to larger pharmaceutical companies to advance through clinical trials and commercialization.
Industries
Data & Analytics
AI & Machine Learning
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$183.6M
Headquarters
Menlo Park, California
Founded
2016
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Hexagon Bio Raises $77.3 Million Series B Financing and Strengthens Leadership to Expand Novel Computational Discovery Platform and Advance Microbial Genome-Derived Small Molecules
Hexagon Bio has raised $61 million in funding led by Nextech, with participation from SoftBank, Casdin Capital and earlier investors The Column Group, 8VC and Two Sigma Ventures.
MENLO PARK, Calif.--(BUSINESS WIRE)--Hexagon Bio, a biopharmaceutical company mining microbial genomes to discover new medicines, has raised $61M to advance preclinical programs.
Hexagon Bio, Inc., a Menlo Park, Calif.-based biotechnology company turning nature's genomes into medicines, raised $47m in Series A financing
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Industries
Data & Analytics
AI & Machine Learning
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$183.6M
Headquarters
Menlo Park, California
Founded
2016
Find jobs on Simplify and start your career today