Last deal

$130.7M

Amount

Post-IPO Equity

Stage

21.06.2024

Date

3

all rounds

$210.7M

Total amount

date founded

Financing round

General

About Company
Tectonic is a biotechnology company that discovers novel GPCR-targeted drugs.

Industry

Sector :

Subsector :

Keywords :

founded date

01.02.2020

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The privately held company, founded by Andrew Kruse and Tim Springer of Harvard Medical School, specializes in developing therapeutics for patients with cardiovascular diseases, dysregulated inflammation, and other conditions. Tectonic's GEODe™ platform targets previously undruggable receptors in the GPCR class to unlock their therapeutic potential and develop new treatments for patients with unmet medical needs.
Contacts
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Financials

Funding Rounds
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3

Number of Funding Rounds

$210.7M

Money Raised

Their latest funding was raised on 21.06.2024. Their latest investor 5AM Ventures. Their latest round Post-IPO Equity

Date 
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Lead 
21.06.2024
7
$130.7M
01.01.2021
1
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Timothy A. Springer

Timothy A. Springer

Timothy Springer is an internationally recognized leader in structural biology and immunology. With over 500 peer-reviewed publications that have received over 90,000 citations, he is one of the most highly cited scientists in any field. Timothy Springer received his Ph.D. from Harvard University in 1976, and subsequent post-doctoral training with Dr. Cesar Milstein in Cambridge, UK. Timothy Springer has been elected to the National Academy of Sciences and to the American Academy of Arts and Sciences. Among numerous awards and honors, Timothy Springer is a recipient of the Royal Society of Medicine Medal, the William B. Coley Medal from the Cancer Research Institute, and the Crafoord Prize from the Swedish Academy of Sciences. Timothy Springer's research laid the foundation for a new class of pharmaceuticals, the selective adhesion molecule inhibitors, which include the approved drugs, alefacept, efalizumab and natalizumab. Timothy Springer was the Founder of LeukoSite, a biotechnology company acquired by Millennium Pharmaceuticals in 1999. LeukoSite developed therapeutics for inflammatory, autoimmune, and cancer applications, including FDA-approved Campath™.

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Co-Investors
Investors
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Partners 
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Post-IPO Equity
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Post-IPO Equity
No
Post-IPO Equity, Seed
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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Avrobio acquired by Tectonic Therapeutic

Avrobio acquired by Tectonic Therapeutic

acquirer

Tectonic Therapeutic
Tectonic Therapeutic

date

30.01.2024
Avrobio

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People

Founders
2
Timothy A. Springer
Timothy A. Springer

Timothy A. Springer

Timothy Springer is an internationally recognized leader in structural biology and immunology. With over 500 peer-reviewed publications that have received over 90,000 citations, he is one of the most highly cited scientists in any field. Timothy Springer received his Ph.D. from Harvard University in 1976, and subsequent post-doctoral training with Dr. Cesar Milstein in Cambridge, UK. Timothy Springer has been elected to the National Academy of Sciences and to the American Academy of Arts and Sciences. Among numerous awards and honors, Timothy Springer is a recipient of the Royal Society of Medicine Medal, the William B. Coley Medal from the Cancer Research Institute, and the Crafoord Prize from the Swedish Academy of Sciences. Timothy Springer's research laid the foundation for a new class of pharmaceuticals, the selective adhesion molecule inhibitors, which include the approved drugs, alefacept, efalizumab and natalizumab. Timothy Springer was the Founder of LeukoSite, a biotechnology company acquired by Millennium Pharmaceuticals in 1999. LeukoSite developed therapeutics for inflammatory, autoimmune, and cancer applications, including FDA-approved Campath™.

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count Of Investments

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Timothy A. Springer

Andrew Krus
Andrew Krus

Andrew Krus

Andrew is Professor of Biological Chemistry and Molecular Pharmacology at Harvard Medical School and a co-Founder of Tectonic. His research focuses on the molecular basis of membrane protein signaling and the study of proteins important in human health and disease. Andrew was selected for the 2016 Forbes “30 under 30” list and is the recipient of a Smith Family Award for Excellence in Biomedical Research, a Klingenstein-Simons Fellowship, and an NIH Director’s Early Independence Award. He is also a 2016 Vallee Scholar, an Amgen Young Investigator and the recipient of a 2017 Sloan Research Fellowship. Andrew completed his Ph.D. in Molecular and Cellular Physiology and Medicine at Stanford University in the laboratory of Prof. Brian Kobilka.

organization founded

1

Andrew Krus

Employee Profiles
6
Marcella (Marcie) Ruddy

Marcella (Marcie) Ruddy

Chief Medical Officer

Alise Reicin

Alise Reicin

CEO, President and Board of Directors

Marc Schwabish

Marc Schwabish

Chief Business Officer

Christian Cortis

Christian Cortis

Chief Operating Officer

Anthony (Tony) Muslin

Anthony (Tony) Muslin

Chief Development Officer

Activity

Recent News
8
News Timeline

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