Asalyxa Bio - About the company
Asalyxa Bio is a seed company based in Southfield (United States), founded in 2020 by Lola Eniola-Adefeso and Marc Appel. It operates as a Developer of neutrophil targeting drugs for Acute Respiratory Distress Syndrome and COVID-19. Asalyxa Bio has raised $2M in funding from ID Ventures and Research Bridge Partners. The company has 427 active competitors, including 147 funded and 119 that have exited. Its top competitors include companies like BeiGene, Biogen and Abcellera Biologics.
Company Details
Developer of neutrophil targeting drugs for Acute Respiratory Distress Syndrome and COVID-19. The company's proprietary platform includes PANTHER (Poly-Aspirin Nanoparticle THERapeutics) which is used to develop drug products. The biodegradable poly-aspirin backbone of PANTHER helps to break down into salicylic acid (an anti-inflammatory agent) and adipic acid. The platform allows for the creation of particles targeting specific immune cell types. The company's product includes ASX-100 used for the treatment of ARDS and COVID-19.
- Website
- asalyxabio.com
Key Metrics
Founded Year
2020
Location
Southfield, United States
Stage
Seed
Total Funding
$2M in 1 round
Latest Funding Round
Investors
Ranked
148th among 427 active competitors
Employee Count
26 as on Dec 31, 2022
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Asalyxa Bio's funding and investors
Asalyxa Bio has raised a total funding of $2M over 1 round. Its latest funding round was a Seed round on Feb 23, 2021 for $*****. 6 investors participated in its latest round. Asalyxa Bio has 9 institutional investors.
Here is the list of recent funding rounds of Asalyxa Bio:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 23, 2021 | 8311793 | Seed | 9640634 | 4816859 | 4356928 | 6185983 |
View details of Asalyxa Bio's funding rounds and investors
Asalyxa Bio's founders and board of directors
Founder? Claim ProfileThe founders of Asalyxa Bio are Lola Eniola-Adefeso and Marc Appel. Marc Appel is the CEO of Asalyxa Bio.
Here are the details of Asalyxa Bio's key team members:
- Lola Eniola-Adefeso: Co-Founder of Asalyxa Bio.
- Marc Appel: Co-Founder & CEO of Asalyxa Bio.
View details of Asalyxa Bio's Founder profiles and Board Members
Asalyxa Bio's employee count trend
Asalyxa Bio has 26 employees as of Dec 22. Here is Asalyxa Bio's employee count trend over the years:
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Asalyxa Bio's Competitors and alternates
Top competitors of Asalyxa Bio include BeiGene, Biogen and Abcellera Biologics. Here is the list of Top 10 competitors of Asalyxa Bio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BeiGene 2010, Cambridge (United States), Public | Developer of targeted and immune-oncology drugs against cancer | $172M | 80/100 | |
2nd | Biogen 1978, Cambridge (United States), Public | Developer of therapies for neurodegenerative and immunology disorders | $80M | 78/100 | |
3rd | Abcellera Biologics 2012, Vancouver (Canada), Public | AI-enabled platform for antibodies discovery | $115M | 76/100 | |
4th | Sana Biotechnology 2018, Seattle (United States), Public | Developer of engineered cell therapies for treating various human diseases | $821M | 75/100 | |
5th | Developer of antibody-based drugs to treat autoimmune diseases and cancer | $61.9M | 74/100 | ||
6th | C4 Therapeutics 2016, Cambridge (United States), Public | Developer of small molecule drugs for treating cancer | $223M | 71/100 | |
7th | Developer of immunotherapeutics for the treatment of cancer and other diseases | $861M | 69/100 | ||
8th | Immunocore 2008, Abingdon (United Kingdom), Public | Developer of bispecific T-cell receptor therapies for human diseases | $601M | 69/100 | |
9th | Nimbus Therapeutics 2009, Cambridge (United States), Series F | Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases | $637M | 68/100 | |
10th | DBV Technologies 2002, Bagneux (France), Public | Developer of products for the treatment of various kinds of food allergies | $68.9M | 68/100 | |
148th | Asalyxa Bio 2020, Southfield (United States), Seed | Developer of neutrophil targeting drugs for Acute Respiratory Distress Syndrome and COVID-19 | $2M | 42/100 |
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Asalyxa Bio's Investments and acquisitions
Asalyxa Bio has made no investments or acquisitions yet.
Reports related to Asalyxa Bio
Here is the latest report on Asalyxa Bio's geography:
News related to Asalyxa Bio
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Asalyxa Bio Closes Over $2M Seed FinancingFinSMEs•Feb 24, 2021•Asalyxa Bio, Bridge Partners, ID Ventures, Michigan Rise and 3 others
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