Abalone Bio
We create activating antibodies to treat diseases others can’t.
Abalone Bio was founded in 2018, is headquartered in Emeryville, United States, lists 11–50 employees, and has $7.6M in recorded funding across 10 rounds.
- Headquarters
- Emeryville, California
- Employees
- 11–50
- Founded
- 2018
- Website
- abalonebio.com
- Total Funding
- $7.6M
- Last Round
- $399K GrantApr 2024
- Rounds
- 10
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 10 funding rounds and 3 investors for this company. The full record is or through the API.
About
Abalone Bio is tackling challenging undrugged targets underlying diseases affecting millions, focusing first cell-specific antibody drugs to treat obesity and metabolic disease without the GI side effects that cause 25% of GLP-1 drug patients to quit after 1 year. + High throughput experimental measurement uniquely leverages AI/ML: We’ve engineered cells to measure antibodies for pharmacological activity, not just structure or binding like others, 100 million at a time, 100X+ the throughput of others. With our large, proprietary activity datasets, we uniquely leverage ML to both unlock the discovery of rare hits and generate optimized hits for challenging targets, starting with G-protein coupled receptors (GPCRs) + Proven success: We have developed antibody agonists (activators) for 2 out of the 8 G-protein coupled receptors ever drugged by biotech. + Pharma traction: We’ve secured 3 partnerships with $3M in revenue and $125M in downstream value. + Externally validated science: We’ve been awarded $7M in non-dilutive grant funding for platform and program development.
Summary
Abalone Bio is a Drug Discovery company based in Emeryville, United States, founded in 2018. It lists 11–50 employees. It has raised $7.6M in total across 10 rounds, most recently a $399K Grant round in Apr 2024. Investors include Y Combinator, National Science Foundation and America's Seed Fund.
Tech & App Stack
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Funding History
Apr 2024
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Funding: Grant. Amounts, valuations, and investors where available.
Investors
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