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CrossBridge Bio - About the company

CrossBridge Bio is an acquired company based in Houston (United States), founded in 2023 by Michael Jason Torres, Kyoji Tsuchikama and Zhiqiang An. It operates as a Developer of Antibody-Drug Conjugate therapeutics. CrossBridge Bio has raised $10M in funding from investors like Crescent Enterprises, CE Ventures and TMC Venture Fund, with last known valuation of $*****. The company has 3329 active competitors, including 1129 funded and 783 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.

Company Details

Developer of Antibody-Drug Conjugate therapeutics. It offer therapeutics based on stable dual-linker payload technology which include a lead candidate CB-120 for cancer treatment.
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Key Metrics
Founded Year
2023
Location
Houston, United States
Stage
Acquired
Total Funding
$10M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Jun 05, 2026
Ranked
Employee Count
3 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Lilly (Apr 14, 2026)

CrossBridge Bio's acquisition details

CrossBridge Bio got acquired by Lilly on Apr 14, 2026.
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CrossBridge Bio's funding and investors

CrossBridge Bio has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Nov 04, 2024 for $*****. 6 investors participated in its latest round. CrossBridge Bio has 6 institutional investors.

Here is the list of recent funding rounds of CrossBridge Bio:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 04, 2024
8446023
Seed
5345600
4366633
5995232
5009004
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CrossBridge Bio's founders and board of directors

Founder? Claim Profile
The founders of CrossBridge Bio are Michael Jason Torres, Kyoji Tsuchikama and Zhiqiang An.
Here are the details of CrossBridge Bio's key team members:

CrossBridge Bio's employee count trend

CrossBridge Bio has 3 employees as of Jul 26. Here is CrossBridge Bio's employee count trend over the years:
Employee count trend for CrossBridge Bio
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CrossBridge Bio's Competitors and alternates

Top competitors of CrossBridge Bio include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of CrossBridge Bio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
81/100
2nd
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
80/100
3rd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
74/100
4th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
73/100
5th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
6th
Logo for Senti Bio
Senti Bio
2016, San Francisco (United States), Public
Developer of cell and gene therapies for patients living with incurable diseases
$158M
72/100
7th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
8th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
71/100
9th
Logo for Moderna
Moderna
2010, Cambridge (United States), Public
Developer of mRNA-based therapeutics for a wide range of diseases
$2.78B
71/100
10th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
458th
Logo for CrossBridge Bio
CrossBridge Bio
2023, Houston (United States), Acquired
Developer of Antibody-Drug Conjugate therapeutics
$10M
53/100
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CrossBridge Bio's Investments and acquisitions

CrossBridge Bio has made no investments or acquisitions yet.

Reports related to CrossBridge Bio

Here is the latest report on CrossBridge Bio's sector:

News related to CrossBridge Bio

Media has covered CrossBridge Bio for a total of 6 events in the last 1 year, 2 of them have been about company updates.
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