Ashvattha Therapeutics - About the company
Ashvattha Therapeutics is a series B company based in Redwood City (United States), founded in 2015. It operates as a Developer of nanomedicines for ophthalmology, neurology, and inflammatory diseases. Ashvattha Therapeutics has raised $120M in funding from investors like Huadong Medicine, Natural Capital and Tribe Capital. The company has 57 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Imbed Biosciences, NanoSyrinx and Tenpoint Therapeutics.
Company Details
Developer of nanomedicines for ophthalmology, neurology, and inflammatory diseases. The company uses hydroxyl dendrimer technology to selectively target inflamed tissue, and its pipeline highlights migaldendranib (MGB) as a key candidate for ophthalmology, neurology, and inflammatory diseases.
- Website
- avttx.com
- Email ID
- *****@avttx.com
Key Metrics
Founded Year
2015
Location
Redwood City, United States
Stage
Series B
Total Funding
$120M in 7 rounds
Latest Funding Round
Investors
Ranked
8th among 57 active competitors
Similar Companies
Legal entities associated with Ashvattha Therapeutics
Ashvattha Therapeutics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Ashvattha Therapeutics, Inc CIN: 474803849 , United States, Active | - | - | - |
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Ashvattha Therapeutics's funding and investors
Ashvattha Therapeutics has raised a total funding of $120M over 7 rounds. Its first funding round was on Mar 03, 2016. Its latest funding round was a Series B round on Jan 14, 2025 for $*****. 2 investors participated in its latest round. Ashvattha Therapeutics has 13 institutional investors.
Here is the list of recent funding rounds of Ashvattha Therapeutics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 14, 2025 | 1813669 | Series B | 4396284 | 3824498 | 2289880 | 6127885 |
Apr 16, 2021 | 1227310 | Series B | 3813245 | 6301108 | 5117442 | |
May 31, 2019 | 5945041 | Seed | 6647526 | 8177577 | 4255922 | 2455205 |
View details of Ashvattha Therapeutics's funding rounds and investors
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Ashvattha Therapeutics's Competitors and alternates
Top competitors of Ashvattha Therapeutics include Imbed Biosciences, NanoSyrinx and Tenpoint Therapeutics. Here is the list of Top 10 competitors of Ashvattha Therapeutics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Imbed Biosciences 2010, Madison (United States), Series C | Provider of nanotech-based wound care products | $34.3M | 66/100 | |
2nd | NanoSyrinx 2018, Coventry (United Kingdom), Series A | Developer of targeted intracellular delivery platform for biological molecules | $21.6M | 61/100 | |
3rd | Tenpoint Therapeutics 2019, Warren (United States), Series B | Developer of engineered cell-based therapeutics to restore vision | $155M | 61/100 | |
4th | Kala Pharmaceuticals 2009, Waltham (United States), Public | Developer of ophthalmic treatments based on its mucosal penetrating product platform | $115M | 59/100 | |
5th | Character Biosciences 2019, San Francisco (United States), Series B | Developer of therapeutics for the treatment of age-related eye diseases | $120M | 57/100 | |
6th | Cour Pharma 2013, Chicago (United States), Series A | Developer of biotech nano-particles for immune diseases | $135M | 57/100 | |
7th | PulseSight 2008, Paris (France), Series B | Developer of non-viral minimally invasive gene therapies for retinal diseases | $54.2M | 56/100 | |
8th | Ashvattha Therapeutics 2015, Redwood City (United States), Series B | Developer of nanomedicines for ophthalmology, neurology, and inflammatory diseases | $120M | 56/100 | |
9th | Developer of small-molecule drugs that simultaneously inhibit necroptosis and ferroptosis | $8.32M | 53/100 | ||
10th | Humanetics Corporation 1988, Minneapolis (United States), Funding Raised | Clinical-stage biopharma company developing radiation modulators as therapeutics for solid cancers | - | 50/100 |
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Ashvattha Therapeutics's Investments and acquisitions
Ashvattha Therapeutics has made no investments or acquisitions yet.
Reports related to Ashvattha Therapeutics
Here is the latest report on Ashvattha Therapeutics's sector:
News related to Ashvattha Therapeutics
Media has covered Ashvattha Therapeutics for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
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Keysight to Demonstrate End-to-End Solutions for Scaling AI Infrastructure at ECOC 2026Business Wire•Sep 09, 2026•Ashvattha Therapeutics
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Ashvattha Therapeutics Announces Investor and Conference PresentationsBusiness Wire•Sep 09, 2026•Ashvattha Therapeutics
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Ashvattha Therapeutics Announces Presentations Highlighting Mechanism of Action for Migaldendranib in Diabetic Macular Edema and Neovascular Age-Related Macular DegenerationBusiness Wire•Apr 28, 2026•Ashvattha Therapeutics
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Ashvattha Therapeutics Appoints Life Healthcare Veteran George Montgomery as Executive Chairman to Lead Corporate Development and Strategic PartnershipsAshvattha Therapeutics•Jan 09, 2026•Ashvattha Therapeutics
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Ashvattha Therapeutics to Present Phase 2 DME and nAMD Data at EURETINA CongressBenzinga•Aug 26, 2025•Ashvattha Therapeutics
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Ashvattha Therapeutics Presents Positive Phase 2 Results for Migaldendranib in Treating DME and Wet AMDEyewire•Jun 30, 2025•Ashvattha Therapeutics
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Ashvattha Therapeutics to Present Data on Novel Nanomedicine Radiotracers at SNMMI Annual MeetingBenzinga•Jun 17, 2025•Ashvattha Therapeutics
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Ashvattha Therapeutics to Present Phase 2 DME and Wet AMD Data at Clinical Trials at the Summit and MaculArtBenzinga•Jun 10, 2025•Ashvattha Therapeutics
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Ashvattha Therapeutics Presents Positive Phase 2 Results for MigaldendranibEyewire•May 09, 2025•Ashvattha Therapeutics
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Ashvattha Therapeutics strengthens retinal disease research, adding six leading specialists to its advisory board.Benzinga•Mar 18, 2025•Ashvattha Therapeutics
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