Ashvattha Therapeutics

Developing a New Class of Intracellular Targeted Therapeutics

San Francisco, United States · Founded 2016 · $238.0M raised

Employees
11–50
Founded
2016
Business Model
B2B
Website
avttx.com
Total Funding
$238.0M
Last Round
$50.0M Extension RoundJan 2025
Rounds
4

About

Ashvattha Therapeutics is a clinical-stage biopharmaceutical company founded by Johns Hopkins scientists that develops hydroxyl dendrimer-based nanomedicines targeting activated microglia and macrophages in diseased tissue. Its lead program, migaldendranib (MGB), is in Phase 1/2 clinical trials for retinal and inflammatory conditions, with the technology enabling precise intracellular drug delivery without affecting healthy cells.

Summary

Ashvattha Therapeutics is a Biotech company based in San Francisco, United States, founded in 2016. It has raised $238.0M in total across 4 rounds, most recently a $50.0M Extension Round round in Jan 2025. Investors include Natural Capital, Tribe Capital and Kennet Partners.

Tech & App Stack

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Funding History

Extension RoundExtension RoundJan 2025
$50.0M

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Investors

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