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Octant Bio

Develops synthetic biology-based drug discovery platform

Overview

Octant Bio develops tools and services for next-generation medicine by applying synthetic biology and high-throughput chemistry to map how genetic information causes disease. It designs engineered genes, reporters, genetic circuits, and human cell lines, then uses nanomole-scale chemical synthesis to explore huge chemical spaces and a multiplexed assay platform to test thousands of inputs in human cells, producing millions of outputs. The company combines advanced statistics, machine learning, and bioinformatics to analyze results and accelerate decision-making, differentiating itself by tightly integrating genetic engineering, chemical space exploration, and large-scale screening with in-house capabilities. Its goal is to monetize this technology through licensing, product sales, and services that help translate complex-disease research into therapies for patients.

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About Octant Bio

Simplify's Rating
Why Octant Bio is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsAI & Machine LearningBiotechnologyHealthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$119.9M

Headquarters

Emeryville, CA

Founded

2017

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Simplify's take

What believers are saying

  • First patient dosed in OCT-980 Phase 1b/2 on September 24, 2026.
  • Orphan designation brings seven-year exclusivity potential and FDA development incentives.
  • OpenADMET funding expands proprietary datasets, strengthening future discovery and licensing leverage.

What critics are saying

  • OCT-980 clinical failure would gut the company’s only visible near-term value driver.
  • Bristol Myers Squibb collaboration leaves Octant exposed to partner priorities and program selection.
  • The platform remains pre-commercial; no product sales exist if OCT-980 misses efficacy endpoints.

What makes Octant Bio unique

  • Octant pairs human-cell synthetic biology with generative chemistry and AI/ML.
  • OCT-980 reached Phase 1b/2 and won FDA Orphan Drug Designation on October 27, 2026.
  • Its OpenADMET program secured $34.8 million across three awards on September 30, 2026.

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Funding

Total Funding

$119.9M

Above

Industry Average

Funded Over

4 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
$65M
$80M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Company Equity
  • Remote Work Options

Company News

Octant Bio
Apr 3rd, 2025
Octant to Participate in Fireside Chat at the RBC 2025 Ophthalmology Conference

Emeryville, CA - April 3, 2025 - Octant, Inc. ("Octant"), an AI-enabled drug discovery company developing correctors for misfolding diseases, announced today that Cofounder and President Ramsey Homsany will participate in a virtual fireside chat at the RBC 2025 Ophthalmology Conference on Friday, April 4th at 9:15am PT.

PR Newswire
Nov 12th, 2024
Ginkgo Bioworks Reports Third Quarter 2024 Financial Results

Ginkgo provides update on its restructuring process including an acceleration of site consolidation initiatives and continued progress on cost reductions. Ginkgo signs new and expanded deals with Novo Nordisk and achieves a major research milestone with Merck. BOSTON, Nov. 12, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), which is building the leading platform for cell programming and biosecurity, today announced its results for the third quarter ended September 30, 2024. The update, including a webcast slide presentation with additional details on the third quarter and supplemental financial information will be available at investors.ginkgobioworks.com

Business Wire
Jun 9th, 2023
Octant Launches Polypharmacology Drug Discovery Engine for Complex Diseases with $30 Million Series A Financing Led by Andreessen Horowitz

Octant Launches Synthetic Biology Drug Discovery Engine for Complex Diseases with $30 Million Series A Financing Led by Andreessen Horowitz

LA Tech Watch
Apr 25th, 2022
Catalio Capital Management, LP invests into Octant, Inc. in $80M

Octant Bio, a next-generation therapeutics company focused on using programmable biology to accelerate drug development, has raised $80M in Series B funding led by Catalio Capital Management.

LA Tech Watch
Apr 21st, 2022
Octant, Inc. received financing of $115M in equity funding on Apr 25th 22'.

Founded by Ramsey Homsany and Sri Kosuri in 2017, Octant Bio has now raised a total of $115M in reported equity funding.

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