Achaogen

IPO

South San Francisco, United States · Founded 2002 · $136.0M raised

Founded
2002
Business Model
B2B
Total Funding
$136.0M
Last Round
$136.0M GrantJan 2010
Rounds
2

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.

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Funding History

IPOJan 2014

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Series A through IPO — per-round amounts, valuations, and who invested in each round.

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