How much funding has Magnet Biomedicine raised?

Magnet Biomedicine has raised $50.0M in total funding, most recently a Series A round.

When was Magnet Biomedicine founded?

Magnet Biomedicine was founded in 2023.

Where is Magnet Biomedicine headquartered?

Magnet Biomedicine is headquartered in Cambridge, Massachusetts, United States.

What industry is Magnet Biomedicine in?

Magnet Biomedicine operates in Biotech, Drug Discovery, Healthcare.

Magnet Biomedicine

Q: Who are Magnet Biomedicine's investors?

Magnet Biomedicine's investors include Newpath Management, ARCH Venture Partners, Taiho Ventures.

Advancing precision medicine with molecular glues

Cambridge, United States · Founded 2023 · $50.0M raised

Biotech

Drug Discovery

Healthcare

Headquarters: Cambridge, Massachusetts
Founded: 2023
Website: magnetbio.com

Total Funding: $50.0M
Last Round: $50.0M Series ASep 2023
Rounds: 1

About

Cambridge-based biotech using modular TrueGlue technology to discover molecular glues for the treatment of human disease.

Summary

Magnet Biomedicine is a Biotech company based in Cambridge, United States, founded in 2023. It has raised $50.0M in total across 1 round, most recently a $50.0M Series A round in Sep 2023. Investors include Newpath Management, ARCH Venture Partners and Taiho Ventures.