Avidity Biosciences
ClosedRevolutionizing the Delivery of RNA Therapeutics
San Diego, United States · Founded 2012 · $136.8M raised
- Headquarters
- San Diego, California
- Employees
- 201–500
- Founded
- 2012
- Business Model
- B2B
- Website
- aviditynano.com
- Total Funding
- $136.8M
- Last Round
- $5.8M Series ANov 2019
- Rounds
- 5
About
Avidity Biosciences is a clinical-stage biopharmaceutical company headquartered in San Diego, California, focused on revolutionizing RNA therapeutics through its proprietary Antibody Oligonucleotide Conjugate (AOC) platform. AOCs combine the tissue selectivity of monoclonal antibodies with the precision of oligonucleotide therapies to target genetic drivers of diseases previously untreatable with RNA therapeutics. The company led the field with the first successful targeted RNA delivery into muscle tissue and has three clinical development programs for rare muscle diseases — myotonic dystrophy type 1 (DM1), facioscapulohumeral muscular dystrophy (FSHD), and Duchenne muscular dystrophy (DMD). Avidity was acquired by Novartis in February 2026.
Summary
Avidity Biosciences is a Biotech company based in San Diego, United States, founded in 2012. It has raised $136.8M in total across 5 rounds, most recently a $5.8M Series A round in Nov 2019. Investors include RTW Investments, Eli Lilly and Takeda (JP).
Tech & App Stack
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Funding History
Feb 2024
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Series A through Secondary Market — per-round amounts, valuations, and who invested in each round.
Investors
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