Quanta Therapeutics Funding, Investors & Competitors

Quanta Therapeutics has raised $141M across 3 funding rounds, most recently a $51M Series D in May 2023.

Last Quanta Therapeutics funding round

$51M

Series D · May 2023

Cumulative funding Quanta Therapeutics raised

$141M

across 3 funding rounds

Key investors in Quanta Therapeutics

  • Sofinnova Investments
  • Longitude Capital
  • Biotechnology Value Fund
  • Surveyor Capital
  • AbbVie
  • Vida Ventures
  • Logos Capital
  • Avidity Partners

Quanta Therapeutics Overview

About Quanta Therapeutics

Quanta Therapeutics is a biopharmaceutical company developing next-generation oral KRAS inhibitors for RAS-driven cancers, using proprietary allosteric chemistry designed to target multiple KRAS conformations, including mutations beyond G12C such as G12D and G12V. The company's approach combines protein structural insight, conformational drug-activity detection technology, and medicinal chemistry to develop therapeutics that aim to evade the resistance mechanisms limiting first-generation KRAS inhibitors. Quanta is advancing multiple chemically distinct KRAS inhibitor programs toward clinical trials for cancers in which RAS mutations are activated in nearly a third of all human cases.


Founded

2018

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Quanta Therapeutics Funding History

Quanta Therapeutics has raised a total of $141M across 3 funding rounds.

Quanta Therapeutics' first fundraising round was a $60M Series C in October 2021. The most recent completed round was a $51M Series D in May 2023.

Quanta Therapeutics funding rounds

Quanta Therapeutics funding rounds
DateStageInvestorsRaisedDeal Summary
May 2023Series DAvidity Partners (lead); Vida Ventures; GC&H Investments; AbbVie; Biotechnology Value Fund; Sofinnova Investments; Longitude Capital; Surveyor Capital; WS Investment Company$51MQuanta Therapeutics is a biopharmaceutical company developing targeted therapies for RAS-driven cancers, focusing on next-generation oral KRAS inhibitors using unique allosteric chemistry to target multiple KRAS conformations and potentially address mutations beyond G12C while evading resistance mechanisms. The company announced a $50.7 million Series D financing on May 22, 2023, led by Avidity Partners, with participation from existing investors including Sofinnova Investments, Vida Ventures, Surveyor Capital (a Citadel company), Longitude Capital, BVF Partners, and AbbVie Ventures, plus new investors GC&H Investments and WS Investment Company. This round brings total funding since inception to over $142 million. Proceeds will advance two lead KRAS inhibitor programs into clinical trials in 2024 to generate proof-of-concept data.
Feb 2023Undisclosed stage-$30MQuanta Therapeutics is a biopharmaceutical company developing targeted therapies for RAS-driven cancers, focusing on next-generation oral KRAS inhibitors using unique allosteric chemistry to target multiple KRAS conformations and address mutations beyond G12C. The company raised $30M in a Series C round on February 9, 2023, as part of its funding history that includes prior rounds such as $40.15M Series C in October 2021, $14.99M Series B in September 2020, and earlier Series A rounds. A subsequent Series D round of $50.7M was announced on May 22, 2023, led by Avidity Partners with participation from existing investors like Sofinnova Investments, Vida Ventures, Surveyor Capital, Longitude Capital, BVF Partners, and AbbVie Ventures, bringing total funding to over $142M; proceeds support advancing two KRAS inhibitor programs into clinical trials in 2024. Note that a separate company, Quanta Dialysis Technologies, raised a Series E round in 2024, but it is distinct from Quanta Therapeutics.
Oct 2021Series CSurveyor Capital (lead); Vida Ventures (lead); AbbVie; Biotechnology Value Fund; Logos Capital; Sofinnova Investments; Longitude Capital$60MQuanta Therapeutics is a biopharmaceutical company developing allosteric small molecules to target undruggable RAS mutations, such as KRAS G12D and KRAS G12V, in difficult-to-treat cancers by modulating RAS signaling at the cell membrane. The company applies deep biologic insight, unique protein conformation detection technology, sophisticated medicinal chemistry, and clinical development expertise to advance multiple chemically distinct KRAS inhibitor programs with differentiated mechanisms of action targeting the RAS active conformation across all mutant forms, potentially circumventing resistance to first-generation KRAS inhibitors. On October 26, 2021, Quanta Therapeutics closed an oversubscribed $60 million Series C financing round led by Surveyor Capital (a Citadel company) and Vida Ventures. New investors Longitude Capital and BVF Partners (Biotechnology Value Fund) joined existing investors Sofinnova Investments, Logos Capital, AbbVie Ventures, and Vida Ventures, which had also led the prior Series B round. The proceeds are intended to advance novel RAS-targeting programs, merging protein structural insights, conformational drug activity detection, and medicinal chemistry to develop differentiated therapeutics for RAS-driven cancers, which are activated in nearly a third of all human cancers. Quanta's approach aims to expand the breadth and duration of benefit for patients with poor existing options, as stated by CEO Perry Nisen. Investors highlighted the compelling science and potential to transform treatment paradigms for RAS mutations.

Who has invested in Quanta Therapeutics?

10 investors have backed Quanta Therapeutics across its funding rounds, including Sofinnova Investments, Longitude Capital, Biotechnology Value Fund, Surveyor Capital, AbbVie and Vida Ventures.

Lead investors include Avidity Partners, Surveyor Capital and Vida Ventures.


Quanta Therapeutics Investors

Investors in Quanta Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
Vida VenturesUnited StatesBoston, MA2LeadOct 2021
AbbVieUnited StatesChicago, IL2ParticipantOct 2021
Biotechnology Value FundUnited StatesSan Francisco, CA2ParticipantOct 2021
Sofinnova InvestmentsUnited StatesSan Francisco, CA2ParticipantOct 2021
Longitude CapitalUnited StatesSan Francisco, CA2ParticipantOct 2021
Surveyor CapitalUnited StatesChicago, IL2LeadOct 2021
Avidity PartnersUnited StatesDallas, TX1LeadMay 2023
GC&H InvestmentsUnited StatesSan Francisco, CA1ParticipantMay 2023

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Quanta Therapeutics Competitors

Quanta Therapeutics competitors include listed companies like Merck KGaA, Eli Lilly and Johnson & Johnson, and private ones like Sinovac Life Sciences, Immunai and ZSPepLib.

Public and private companies comparable to Quanta Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Merck KGaAGermanyGermanyPublicly listed$24B$5.3B$66B3.1x
Sinovac Life SciencesChinaBeijingPrivate--$3.3B-
ImmunaiUnited StatesNew York City, NYPrivate--$1B-
ZSPepLibChinaZhuzhouPrivate--$732M-
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x

Quanta Therapeutics Public Comps

Quanta Therapeutics is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.1x14.7x21.0x
Roche$77B$26B4.9x4.9x14.5x12.2x
Novartis$57B$22B5.4x5.4x14.0x13.2x
AstraZeneca$59B$19B4.9x4.6x14.9x12.9x
Amgen$37B$17B6.9x6.6x15.0x14.6x

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Common questions about Quanta Therapeutics

When was Quanta Therapeutics founded?Quanta Therapeutics was founded in 2018.
Where is Quanta Therapeutics headquartered?Quanta Therapeutics is headquartered in United States.
Is Quanta Therapeutics publicly listed?No, Quanta Therapeutics is a private, VC-backed company.
How much funding has Quanta Therapeutics raised?Quanta Therapeutics has raised $141M across 3 funding rounds.
What was Quanta Therapeutics' last funding round?Quanta Therapeutics' last funding round was a $51M Series D in May 2023, led by Avidity Partners.
Who are Quanta Therapeutics' investors?Quanta Therapeutics' investors include Vida Ventures, AbbVie, Biotechnology Value Fund, Sofinnova Investments, Longitude Capital, Surveyor Capital, Avidity Partners, GC&H Investments, Logos Capital and WS Investment Company.
Which companies are comparable to Quanta Therapeutics?Companies comparable to Quanta Therapeutics include Merck KGaA, Sinovac Life Sciences, Immunai, ZSPepLib, Eli Lilly and Johnson & Johnson.

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