Attovia Therapeutics Valuation, Funding & Investors

Attovia Therapeutics is valued at $379M as of April 2025.

Last Attovia Therapeutics valuation

$379M

Series C · Apr 2025

Last Attovia Therapeutics funding round

$90M

Series C · Apr 2025

Cumulative funding Attovia Therapeutics raised

$255M

across 3 funding rounds

Key investors in Attovia Therapeutics

  • venBio Partners
  • Illumina Ventures
  • Frazier Life Sciences
  • Goldman Sachs Asset Management
  • Cormorant Asset Management
  • EcoR1 Capital

Attovia Therapeutics Overview

About Attovia Therapeutics

Attovia Therapeutics engineers bispecific antibody fragments called ATTOBODYs for immune-mediated disease treatments. Oxford, UK-headquartered since 2021, it advances a pipeline targeting rheumatoid arthritis, inflammatory bowel disease, and solid tumors. Lead candidates enter preclinical studies, leveraging high-affinity binding to immune checkpoints. Attovia collaborates with pharma partners for clinical development.


Founded

2023

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$379M (Apr 2025)

Attovia Therapeutics Valuation

Attovia Therapeutics is currently valued at $379M, based on its Series C in April 2025.

The $90M round was led by Deep Track Capital, with participation from Vida Ventures, Illumina Ventures, Nextech Ventures, Mirae Asset Capital Life Science, Marshall Wace and 6 other investors.

Attovia Therapeutics' valuation has grown 1.4x from $274M at its Series B in May 2024 to $379M in April 2025, across 2 priced rounds.

Attovia Therapeutics valuation by funding round

Attovia Therapeutics valuation by funding round
DateStageValuation
Apr 2025Series C$379M
May 2024Series B$274M

Attovia Therapeutics Funding History

Attovia Therapeutics has raised a total of $255M across 3 funding rounds.

Attovia Therapeutics' first fundraising round was a $60M Series A in June 2023. The most recent completed round was a $90M Series C in April 2025.

Attovia Therapeutics funding rounds

Attovia Therapeutics funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2025Series CDeep Track Capital (lead); Vida Ventures; Illumina Ventures; Nextech Ventures; Mirae Asset Capital Life Science; Marshall Wace; Frazier Life Sciences; venBio Partners; Goldman Sachs Asset Management; Sanofi Ventures; EcoR1 Capital; Cormorant Asset Management$90M$379MAttovia Therapeutics is a clinical-stage biopharmaceutical company developing biotherapeutics for immune-mediated diseases using its proprietary ATTOBODY platform, which generates potentially first-in-class and best-in-class multi-specific drug candidates. The platform enables spatially optimized biparatopic biologics to target difficult-to-drug immune and inflammatory conditions including atopic dermatitis, chronic pruritus, and inflammatory bowel disease. In April 2025, Attovia closed a $90 million Series C financing round led by Deep Track Capital with participation from new investors Vida Ventures, Sanofi Ventures, and Mirae Asset Capital Life Science, as well as existing investors including Frazier Life Sciences, venBio, Goldman Sachs Alternatives, Nextech Ventures, Cormorant Asset Management, EcoR1 Capital, Marshall Wace, and Illumina Ventures. The Series C round achieved a post-money valuation of $378.97 million. The financing proceeds will fund early-to-mid-stage clinical studies for lead assets ATTO-1310 (anti-IL31 for chronic pruritus and atopic dermatitis) and ATTO-3712 (anti-IL13 x IL31 bispecific for atopic dermatitis), with Phase I initiation expected in the second half of 2025, as well as expansion of the multi-specific pipeline including ATTO-004 targeting inflammatory bowel disease. This Series C round represents the third financing tranche since the company's launch in June 2023, following a $60 million Series A (closed in two tranches) and a $105 million Series B in May 2024, bringing total capital raised to $255 million.
May 2024Series BGoldman Sachs Asset Management (lead); Illumina Ventures; Nextech Ventures; Redmile Group; Marshall Wace; Logos Capital; Frazier Life Sciences; venBio Partners; EcoR1 Capital; Cormorant Asset Management$105M$274MAttovia Therapeutics, a Fremont, California-based biotechnology company founded in June 2023, develops spatially optimized biparatopic biologics using its proprietary Attobody™ platform, initially focused on immunology and inflammation diseases such as atopic dermatitis and pruritic conditions. The company closed an oversubscribed $105 million Series B financing on May 9, 2024, led by Goldman Sachs Alternatives (also referred to as Goldman Sachs Asset Management), with participation from investors including Cormorant Asset Management, EcoR1 Capital, Frazier Life Sciences, Illumina Ventures, Logos Capital, Marshall Wace, Nextech Ventures, Redmile Group, and venBio Partners. This round brought total capital raised to $165 million, following a $60 million Series A. Proceeds from the Series B will advance lead programs ATTO-1310, an anti-IL-31 Attobody in IND-enabling studies on track for clinical entry by year-end 2024 targeting atopic dermatitis, and ATTO-002, a bispecific IL-31 x IL-13 ligand trap with a development candidate nomination planned for the second half of 2024 and IND in 2025. Funds will also expand the immunology and inflammation pipeline and further develop the Attobody platform for novel, difficult-to-drug targets and multi-specific combinations. Colin Walsh from Goldman Sachs Alternatives joined Attovia’s board. The immunology and inflammation sector remains attractive, with significant M&A activity noted in prior years.
Jun 2023Series AFrazier Life Sciences (lead); Illumina Ventures; venBio Partners$60M-Attovia Therapeutics launched on June 20, 2023, as a spinout from Alamar Biosciences, focusing on developing biotherapeutics for immune-mediated diseases and cancer using the proprietary Attobody™ biparatopic nanobody platform, which generates small-format binders for hard-to-drug targets. The company closed a $60 million Series A financing led by Frazier Life Sciences, with participation from venBio Partners and Illumina Ventures. This funding supports building a pipeline of first- and best-in-class drugs from the platform. Jamie Topper from Frazier and Aaron Royston from venBio joined the board. The Series A was completed in two tranches, with the second $30 million tranche announced later, alongside the nomination of the first development candidate, ATTO-1310, a potential first-in-class, long half-life anti-IL31 Attobody for immune-mediated diseases. Attovia is headquartered in Fremont, CA, and was founded by individuals including Yuling Luo, Ph.D., who is also involved with Alamar Biosciences. Subsequent rounds included a Series B of $105 million on May 9, 2024, at a post-money valuation of $273.65 million (price per share $1.38), and a Series C of $90 million on April 15, 2025, at $378.97 million post-money (price per share $1.38), with ongoing investors like Frazier, Illumina Ventures, and venBio, plus new ones such as Cormorant and Goldman Sachs.

Who has invested in Attovia Therapeutics?

14 investors have backed Attovia Therapeutics across its funding rounds, including venBio Partners, Illumina Ventures, Frazier Life Sciences, Goldman Sachs Asset Management, Cormorant Asset Management and EcoR1 Capital.

Lead investors include Deep Track Capital, Goldman Sachs Asset Management and Frazier Life Sciences.


Attovia Therapeutics Investors

Investors in Attovia Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
Illumina VenturesUnited StatesSan Francisco, CA3ParticipantJun 2023
Frazier Life SciencesUnited StatesSan Francisco, CA3LeadJun 2023
venBio PartnersUnited StatesSan Francisco, CA3ParticipantJun 2023
Nextech VenturesCzech RepublicPrague2ParticipantMay 2024
Marshall WaceUnited KingdomLondon2ParticipantMay 2024
Goldman Sachs Asset ManagementUnited StatesNew York City, NY2LeadMay 2024
EcoR1 CapitalUnited StatesSan Francisco, CA2ParticipantMay 2024
Cormorant Asset ManagementUnited StatesBoston, MA2ParticipantMay 2024
Vida VenturesUnited StatesBoston, MA1ParticipantApr 2025
Redmile GroupUnited StatesSan Francisco, CA1ParticipantMay 2024
Mirae Asset Capital Life ScienceUnited StatesNew York City, NY1ParticipantApr 2025
Deep Track CapitalUnited StatesGreenwich, CT1LeadApr 2025

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Attovia Therapeutics Competitors

Attovia Therapeutics competitors include listed companies like Rezolute, ProKidney, Rocket Pharmaceuticals and Galectin Therapeutics, and private ones like ReCode Therapeutics and MetrioPharm.

Public and private companies comparable to Attovia Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RezoluteUnited StatesUnited StatesPublicly listed-($80M)$381M414.5x
ProKidneyUnited StatesUnited StatesPublicly listed$893K($158M)$376M2113.8x
Rocket PharmaceuticalsUnited StatesUnited StatesPublicly listed-($221M)$383M156.8x
Galectin TherapeuticsUnited StatesUnited StatesPublicly listed-($24M)$374M-
ReCode TherapeuticsUnited StatesDallas, TXPrivate--$372M-
MetrioPharmSwitzerlandZurichPrivate--$387M-

Attovia Therapeutics Public Comps

Attovia Therapeutics is still privately-owned, but its public comps include Fennec Pharmaceuticals, Rezolute, ProKidney, Rocket Pharmaceuticals, Galectin Therapeutics, Egetis Therapeutics, Hansa Biopharma, Bioage Labs, DiaMedica and Circio Holding.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Fennec Pharmaceuticals$45M($8M)7.5x5.2x(40.9x)36.7x
Rezolute-($80M)-414.5x(3.3x)-
ProKidney$893K($158M)1460.7x2113.8x(8.2x)(7.5x)
Rocket Pharmaceuticals-($221M)-156.8x(0.6x)(0.8x)
Galectin Therapeutics-($24M)--(21.2x)(27.5x)
Egetis Therapeutics$6M($34M)53.7x11.2x(10.2x)13.5x
Hansa Biopharma$23M($39M)19.2x10.6x(11.3x)17.6x
Bioage Labs$9M($93M)6.2x6.9x(0.6x)(0.5x)

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Common questions about Attovia Therapeutics

When was Attovia Therapeutics founded?Attovia Therapeutics was founded in 2023.
Where is Attovia Therapeutics headquartered?Attovia Therapeutics is headquartered in San Francisco, CA, United States.
Is Attovia Therapeutics publicly listed?No, Attovia Therapeutics is a private, VC-backed company.
What is Attovia Therapeutics' valuation?Attovia Therapeutics was last valued at $379M in its Series C in April 2025.
How much funding has Attovia Therapeutics raised?Attovia Therapeutics has raised $255M across 3 funding rounds.
What was Attovia Therapeutics' last funding round?Attovia Therapeutics' last funding round was a $90M Series C in April 2025, led by Deep Track Capital.
Who are Attovia Therapeutics' investors?Attovia Therapeutics' investors include Illumina Ventures, Frazier Life Sciences, venBio Partners, Nextech Ventures, Marshall Wace, Goldman Sachs Asset Management, EcoR1 Capital, Cormorant Asset Management, Vida Ventures, Redmile Group and 4 others.
Which companies are comparable to Attovia Therapeutics?Companies comparable to Attovia Therapeutics include Rezolute, ProKidney, Rocket Pharmaceuticals, Galectin Therapeutics, ReCode Therapeutics and MetrioPharm.

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