Manifold Bio

Manifold Bio

Designs precision biologics using in vivo methods

About Manifold Bio

Simplify's Rating
Why Manifold Bio is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$58.8M

Headquarters

Boston, Massachusetts

Founded

2020

Overview

Manifold Bio specializes in creating precision biologics for the pharmaceutical industry, focusing on drug design and development. Their main product is an in vivo drug design platform, which allows for testing drugs within living organisms rather than in laboratory settings. This platform utilizes mCodes™ technology, a unique protein barcoding system that enables the simultaneous study of multiple proteins in one experiment, making it particularly effective for complex biologics. Unlike other companies, Manifold Bio's approach is distinguished by its ability to conduct protein multiplexing in a pooled in vivo environment. The company's goal is to expand its drug design capabilities and collaborate with other pharmaceutical firms to develop new therapeutics.

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Funded Recently
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Simplify's Take

What believers are saying

  • Raised $40M in Series A funding, indicating strong market interest.
  • Their platform could revolutionize in vivo testing by testing multiple molecules simultaneously.
  • Strategic partnerships with multiple investors enhance growth and development opportunities.

What critics are saying

  • Increased competition from companies like Insamo and Infinimmune.
  • Rapid AI and ML advancements may outpace Manifold Bio's current technology.
  • Regulatory challenges in in vivo testing could delay product development timelines.

What makes Manifold Bio unique

  • Manifold Bio uses proprietary mCodes™ technology for protein multiplexing in drug design.
  • Their in vivo drug design platform is the first of its kind globally.
  • The company specializes in precision biologics, focusing on complex biologics development.

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Funding

Total Funding

$58.8M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$15M
Manifold Bio
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

2%

2 year growth

0%
Swanson Reed
Apr 19th, 2024
Manifold Bio Secues $15M in Series A Funding

Manifold Bio secues $15M in Series A funding.

Business Wire
Feb 28th, 2024
Playground Global Promotes Benjamin Kim Phd To Partner

PALO ALTO, Calif.--(BUSINESS WIRE)--Playground Global, an early-stage, deep-tech venture firm that invests in founders building category-defining businesses at the forefront of science and technology, today announced that Benjamin Kim PhD, has been promoted to Partner. Ben focuses on identifying founders and companies that are revolutionizing engineered biology, building the future of emerging modality therapeutics development, and unlocking AI and ML workflows to refactor drug development. Ben joined Playground as a Venture Fellow in 2019 while completing his PhD in bioengineering at Stanford University. He became a Venture Associate a year later, and by 2022, he had led investments in two breakthrough biotech companies and was promoted to Venture Principal. In the last year, Ben has supported investments in Insamo (Board Observer and Lead Investor), Infinimmune (Board Director and Lead Seed Investor), Atomic AI (Board Observer and Lead Series A investor) and Amber Bio (Board Observer and Co-Led Seed Investment Round). He has also worked with Outpace Bio and Manifold Bio, where he is a Board Observer

Finsmes
Jul 14th, 2022
Manifold Bio Raises $40M In Series A Funding

Manifold Bio, a Boston, MA-based protein therapeutics company, raised $40M in Series A funding. The round was led by Triatomic Capital with participation from Section 32, FPV Ventures, Horizons Ventures, Tencent, Playground Global, Fifty Years, and FAST. With this funding, Triatomic Capital founding partner Jeff Huber will join Manifold Bio’s board of directors. Huber was previously founder and CEO of Grail and co-founder of Google’s life sciences efforts

Business Wire
Jul 14th, 2022
Horizons Ventures invested into manifold.bio in $40M on Jul 14th 22'.

Manifold Bio, a next-generation protein therapeutics company pioneering an in vivo biologics design platform, today announced the close of a $40 million Series A financing round led by Triatomic Capital and joined by new investors Section 32, FPV Ventures, Horizons Ventures, and Tencent.

TechCrunch
Jul 14th, 2022
Manifold Bio’S Molecular ‘Barcodes’ Could Break Through Pharma’S In Vivo Bottleneck

In the creation of a new drug, there comes a point where you have to finally put the molecule in a real creature — one at a time — and see if it actually does what you think it does. Manifold Bio’s molecular machinery could let a hundred molecules be tested simultaneously in a single living system, potentially upending the whole process. The drug discovery space has advanced a lot in the last few years, first with fast and cheap gene transcription, then with CRISPR, then with AI-powered proteomics. You don’t have to know what all of those do, however, to understand that in the end, no matter how much they accelerate fundamental research, in vivo testing remains a major bottleneck

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