USA – Octant, an Emeryville, Calif.-based synthetic biology drug discovery company designing small molecule, multi-target drug leads for multifactorial diseases, raised $30m in Series A financing.
The round was led by Andreessen Horowitz with participation from 8VC, SV Angel, Allen & Co. The company intends to use the funds to further develop its discovery platform, which targets large numbers of G-protein coupled receptors (GPCRs) and their downstream signaling pathways to engineer drugs to treat complex diseases. Led by Sri Kosuri, ScD, co-founder and CEO, and Ramsey Homsany, president, Octant is a synthetic-biology drug discovery company designing multi-target drug leads for multifactorial diseases. The company engineers biology, using living cells as high-throughput data networks to map, measure and model compound reactions against GPCRs and the entire universe of human receptors. Its novel polypharmacology discovery engine generates multi-receptor pathway data and predictive insights to inform rational drug design with scale and precision. Octant’s scientific advisory board includes: 21/05/2020
