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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.
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Key Metrics
Founded Year
2020
Location
Southfield, United States
Stage
Seed
Total Funding
$2M in 1 round
Latest Funding Round
Investors
Ranked
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
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Asalyxa Bio's founders and board of directors

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The 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:

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:
Employee count trend for Asalyxa Bio
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
80/100
2nd
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
78/100
3rd
Logo for Abcellera Biologics
Abcellera Biologics
2012, Vancouver (Canada), Public
AI-enabled platform for antibodies discovery
$115M
76/100
4th
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
75/100
5th
Logo for argenx
argenx
2008, Ghent (Belgium), Public
Developer of antibody-based drugs to treat autoimmune diseases and cancer
$61.9M
74/100
6th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
7th
Logo for BioNTech
BioNTech
2008, Mainz (Germany), Public
Developer of immunotherapeutics for the treatment of cancer and other diseases
$861M
69/100
8th
Logo for Immunocore
Immunocore
2008, Abingdon (United Kingdom), Public
Developer of bispecific T-cell receptor therapies for human diseases
$601M
69/100
9th
Logo for Nimbus Therapeutics
Nimbus Therapeutics
2009, Cambridge (United States), Series F
Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases
$637M
68/100
10th
Logo for DBV Technologies
DBV Technologies
2002, Bagneux (France), Public
Developer of products for the treatment of various kinds of food allergies
$68.9M
68/100
148th
Logo for Asalyxa Bio
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

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