Last deal

$65.1M
Local Amount - EUR 60M

Amount

Series B

Stage

26.07.2024

Date

11

all rounds

$120.1M

Total amount

General

About Company
Confo Therapeutics is a drug discovery company that uses proprietary technology to discover drugs for unmet medical needs.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Confo

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company's technology, called CONFO®, stabilizes G-protein coupled receptors (GPCRs) in a specific conformation, allowing for the discovery of novel agonists for better therapeutic intervention. Confo Therapeutics is building a portfolio of programs based on this technology, which derives specialized camelid single-domain antibodies. These antibodies stabilize GPCRs in a conformation of interest for drug discovery, providing the medical industry with novel pathway-selective agonists for improved therapeutic intervention.
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