Achaogen
IPOPublic · South San Francisco, United States · Founded 2002 · $136.0M raised
- Headquarters
- South San Francisco, California
- Founded
- 2002
- Business Model
- B2B
- Website
- achaogen.com
- Total Funding
- $136.0M
- Last Round
- $136.0M GrantJan 2010
- Rounds
- 2
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Achaogen was a late-stage biopharmaceutical company headquartered in South San Francisco, California, committed to the discovery, development, and commercialization of innovative antibacterial agents to treat multi-drug resistant (MDR) gram-negative infections. Its lead product, plazomicin (marketed as Zemdri), was a next-generation aminoglycoside antibiotic engineered to overcome key resistance mechanisms and received FDA approval in 2018 for complicated urinary tract infections. The company received significant funding from BARDA and other government agencies to advance its antibiotic pipeline, but filed for Chapter 11 bankruptcy in April 2019 after struggling to achieve commercial traction, with its assets subsequently acquired by Cipla USA.
Summary
Achaogen is a Biotech company based in South San Francisco, United States, founded in 2002. It has raised $136.0M in total across 2 rounds, most recently a $136.0M Grant round in Jan 2010. Investors include Biomedical Advanced Research and Development Authority (BARDA), 5AM Ventures and Omega Funds.
Tech & App Stack
1 technology or app tracked
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Funding & Exit History
2014 (est.)
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Funding: Series A through Grant. Amounts, valuations, and investors where available.
Investors
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