- Companies
- Artios Pharma
Artios Pharma Funding, Investors & Competitors
Artios Pharma has raised $415M across 5 funding rounds, most recently a $115M Series D in November 2025.
About Artios Pharma
Artios Pharma is a Cambridge-based biopharmaceutical company targeting DNA damage response pathways for cancer therapy. The firm develops ATR inhibitor alnodesertib in clinical trials, DNA polymerase theta inhibitor ART6043, and preclinical DDR antibody-drug conjugates. Artios collaborates with Bristol Myers Squibb on its Polθ program and advances combination therapies to overcome tumor resistance mechanisms in solid tumors.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Sectors
Artios Pharma Funding History
Artios Pharma has raised a total of $415M across 5 funding rounds, plus 1 secondary share sale.
Artios Pharma's first fundraising round was a $32M Series A in September 2016. The most recent completed round was a $115M Series D in November 2025.
Artios Pharma funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2025 | Series D | RA Capital Management (lead); SV Health Investors (lead) | $115M | Artios Pharma Limited is a biopharmaceutical company developing next-generation approaches in the DNA damage response (DDR) field through a pipeline of cancer therapeutics designed to exploit DDR pathways and eliminate tumor cell survival mechanisms. The company's clinical-stage candidates include alnodesertib, an ATR inhibitor, and ART6043, a DNA Polymerase theta (Polθ) inhibitor, alongside pre-clinical programs including DDR inhibitor-Antibody Drug Conjugate (DDRi-ADC) programs. The company's strategy targets indications with high unmet medical need, including pancreatic, colorectal, and breast cancers where median survival is often measured in months. On November 17, 2025, Artios announced an oversubscribed $115 million Series D financing round co-led by returning investor SV Health Investors and new investor RA Capital Management. The round included participation from new investor Janus Henderson Group plc and returning investors including Andera Partners, Avidity Partners Management, EQT Life Sciences, Invus Group, IP Group Plc, M Ventures (a Merck fund), Novartis Venture Fund, Omega Fund Management, Pfizer Venture Investments, Piper Heartland Healthcare Capital, Sofinnova Partners, and Schroders plc. The company issued convertible preferred shares in the transaction. The proceeds were designated to accelerate clinical development programs, specifically widening the scope of the clinical program for lead candidate alnodesertib by enrolling additional patients with second-line pancreatic cancer and third-line colorectal cancer for evaluation. Additionally, the company expects to name a lead candidate for its DDR inhibitor-Antibody Drug Conjugate program in Q1 2026. The financing was supported by leadership transitions, including the appointment of Mike Andriole as CEO in August 2025, replacing founding CEO Niall Martin after six years at Chimerix (subsequently acquired by Jazz Pharmaceuticals). Andriole brought a track record of delivering first-in-class oncology therapies in indications of high unmet medical need. SV Health Investors, the founding investor, has supported Artios' evolution from an early-stage DDR pioneer at company founding to an established entity with a differentiated pipeline. The firm, with approximately $2 billion in assets under management and offices in London and Boston, has invested in over 200 companies since its founding in 1993, resulting in the licensing of 28 novel drugs and six new drug classes. RA Capital Management, founded in 2004 and managing over $10 billion in assets, is a multi-stage investment manager dedicated to evidence-based investing in healthcare, life sciences, and planetary health companies with a dedicated internal research division and Raven, its healthcare incubator platform. |
| Dec 2024 | Secondary | Lexham Partners | - | IP Group agreed to sell part of its minority holding in Artios Pharma to Lexham Special Opportunities I, a newly formed Guernsey fund managed by Lexham Partners, in December 2024. The transaction was one component of a nine-company secondary sale spanning IP Group's balance sheet and managed funds, expected to generate up to approximately GBP 15 million from six balance sheet holdings. |
| Jul 2021 | Series C | Omega Funds (lead); TCG Crossover (lead) | $153M | Artios Pharma is a UK-based biopharmaceutical company developing small molecule drugs targeting DNA Damage Response (DDR) pathways for cancer treatment, with a pipeline including ATR and Polθ inhibitors. On July 27, 2021, it completed an oversubscribed $153 million (£110 million) Series C financing co-led by Omega Funds and TCG X, with participation from new investors like Avidity Partners, Invus, Deep Track Capital, Sofinnova Partners, and others, alongside existing backers including Arix Bioscience, SV Health Investors, Andera Partners, LSP, M Ventures, Pfizer Ventures, IP Group, and Novartis Venture Fund. The funds support advancement of its clinical-stage ATR inhibitor program and initiation of first-in-human studies for its selective Polθ inhibitor in the second half of 2021, enabling expansion into multiple tumor settings and combination therapies. Michelle Doig from Omega Funds and Chen Yu from TCG X joined the board upon closing. The financing builds on prior pharma partnerships validating Artios' DDR platform, positioning it to exploit oncology vulnerabilities beyond synthetic lethality. Omega Funds focuses on life sciences from formation to commercialization, while TCG X targets disruptive medicines in private and public companies. Later developments include a $115M Series D in 2024 co-led by SV Health Investors and RA Capital to advance alnodesertib (ATM inhibitor) and ART6043 (Polθ inhibitor) in clinical trials for pancreatic, colorectal, and breast cancers. |
| Dec 2020 | Undisclosed stage | M Ventures; Darmstadt | $30M | Artios Pharma is a biotechnology company developing next-generation DNA Damage Response (DDR) inhibitors to target hard-to-treat cancers, with a pipeline including ATR inhibitor ART0380 (Phase 1 in 2020) and potential first-in-class Polθ inhibitor ART4215. In December 2020, Artios entered a global strategic collaboration with Merck KGaA, Darmstadt, Germany, focused on novel DDR targets in oncology, specifically nucleases, excluding Artios's lead Polθ and ATR programs. Under the agreement, Artios received $30 million in upfront and near-term milestone payments, with Merck holding options for exclusive development and commercialization on up to eight targets. If Merck exercises options, Artios would receive double-digit option fees, up to $860 million in total milestones per target, and double-digit royalties on net sales, yielding a potential headline deal value of $7 billion across eight targets. Artios retains opt-in rights for joint development and commercialization under certain conditions. The deal leverages Merck's DDR expertise and R&D resources alongside Artios's platform for precision oncology medicines. Backed by investors including Arix Bioscience (14.6% stake, total investment £13.8 million across prior rounds), IP Group (11.7% holding valued at £11 million as of June 2020, anticipated uplift £5-15 million post-deal), and others like AbbVie Ventures, Andera Partners, LSP, M Ventures, Novartis Venture Fund, Pfizer Ventures, and SV Health Investors. No financial metrics such as revenue, ARR, EBITDA, or post-money valuation for Artios were disclosed in connection with this collaboration. Subsequent events included a $153 million Series C in July 2021 led by Omega Funds and TCG X, and partnerships like with Novartis in April 2021 ($20 million upfront). |
| Aug 2018 | Series B | Andera Partners (lead); M Ventures; LSP; Novartis Venture Fund; Pfizer Venture Investments; SV Health Investors; IP Group; AbbVie; Arix Bioscience | $84M | Andera Partners and LSP led a GBP 65 million (about USD 84 million) Series B financing in Artios Pharma, announced on 10 August 2018. The round was significantly oversubscribed and was described as tranched. Pfizer Ventures and Novartis Venture Fund joined as new investors, and existing shareholders Arix Bioscience, SV Health Investors, M Ventures, IP Group and AbbVie Ventures also took part. IP Group committed GBP 5 million, paid in tranches tied to milestones. The proceeds were intended to take the lead DNA polymerase theta program through clinical proof of concept and to advance the company's DNA damage response pipeline. Arix Bioscience became the largest shareholder with a 12.4 percent stake. Raphael Wisniewski of Andera, Rene Kuijten of LSP and Barbara Dalton of Pfizer Ventures joined the board. Artios is a Cambridge, UK-based company founded in 2016 to develop cancer treatments targeting DNA damage response pathways, building on work at KuDOS Pharmaceuticals, which developed the PARP inhibitor olaparib. It had raised a Series A in September 2016. |
| Sep 2016 | Series A | Imperial Innovations (lead); SV Health Investors (lead); M Ventures; AbbVie; Arix Bioscience | $32M | Artios Pharma Ltd., a new private company established in May 2016 and based in Cambridge, UK, officially launched on September 21, 2016, following a $33.2 million (£25 million) Series A financing. The round was led by SV Life Sciences (also referred to as SV Health Investors) and Imperial Innovations, with participation from M Ventures (Merck Ventures), Arix Bioscience PLC, CRT Pioneer Fund (managed by Sixth Element Capital), and AbbVie Ventures. The funds are designated to build a high-value pipeline of first-in-class DNA Damage Response (DDR) therapies for cancer, including advancing the lead program Pol-theta into the clinic, through partnerships with Cancer Research UK and leading DNA repair researchers. The company is led by CEO Dr. Niall Martin, who previously served as Director of Drug Discovery at KuDOS Pharmaceuticals, acquired by AstraZeneca for $210 million in 2006, where he contributed to DDR programs including the PARP inhibitor olaparib (Lynparza). Artios focuses on novel cancer treatments targeting the DDR pathway, positioning itself as a leader in next-generation DDR inhibitors. |
Who has invested in Artios Pharma?
15 investors have backed Artios Pharma across its funding rounds, including M Ventures, SV Health Investors, AbbVie, Arix Bioscience, RA Capital Management and IP Group.
Lead investors include RA Capital Management, SV Health Investors, Omega Funds, TCG Crossover, Andera Partners and 1 other investor.
Artios Pharma Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Sep 2016 | ||
| 3 | Lead | Sep 2016 | ||
| 2 | Participant | Sep 2016 | ||
| 2 | Participant | Sep 2016 | ||
| 1 | Lead | Jul 2021 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Lead | Sep 2016 | ||
| 1 | Lead | Jul 2021 | ||
| 1 | Lead | Aug 2018 | ||
This data is available for Pro users. Sign up to see all 15 Artios Pharma investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialArtios Pharma Competitors
Artios Pharma competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Roche, and private ones like Biosplice Therapeutics and Intas Pharmaceuticals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $65B | $28B | $1.2T | 14.3x | ||
| Publicly listed | $94B | $40B | $665B | 6.9x | ||
| Publicly listed | $61B | $17B | $515B | 8.8x | ||
| Publicly listed | $78B | $26B | $382B | 5.3x | ||
| Private | - | - | $12B | - | ||
| Private | $2B | - | $8.5B | - |
Artios Pharma Public Comps
Artios Pharma is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Roche, Merck, Novartis, AstraZeneca, Amgen, Gilead Sciences and Novo Nordisk.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 19.2x | 14.3x | 45.1x | 30.2x | |||
| $94B | $40B | 7.4x | 6.9x | 17.3x | 18.8x | |||
| $61B | $17B | 9.6x | 8.8x | 33.7x | 18.6x | |||
| $78B | $26B | 5.3x | 5.3x | 15.7x | 13.3x | |||
| $65B | $28B | 6.2x | 6.1x | 14.5x | 22.9x | |||
| $57B | $22B | 6.1x | 6.1x | 15.9x | 14.8x | |||
| $59B | $19B | 5.4x | 5.1x | 16.5x | 14.2x | |||
| $37B | $17B | 7.9x | 7.4x | 17.3x | 16.5x | |||
This data is available for Pro users. Sign up to see all Artios Pharma competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Artios Pharma
| When was Artios Pharma founded? | Artios Pharma was founded in 2016. |
| Where is Artios Pharma headquartered? | Artios Pharma is headquartered in Cambridge, United Kingdom. |
| Is Artios Pharma publicly listed? | No, Artios Pharma is a private, VC-backed company. |
| How much funding has Artios Pharma raised? | Artios Pharma has raised $415M across 5 funding rounds. |
| What was Artios Pharma's last funding round? | Artios Pharma's last funding round was a $115M Series D in November 2025, led by RA Capital Management and SV Health Investors. |
| Who are Artios Pharma's investors? | Artios Pharma's investors include M Ventures, SV Health Investors, AbbVie, Arix Bioscience, TCG Crossover, LSP, Novartis Venture Fund, Pfizer Venture Investments, IP Group, Darmstadt and 5 others. |
| Which companies are comparable to Artios Pharma? | Companies comparable to Artios Pharma include Eli Lilly, Johnson & Johnson, AbbVie, Roche, Biosplice Therapeutics and Intas Pharmaceuticals. |
See companies similar to Artios Pharma
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




