Last deal

$2.3M

Amount

Venture - Series Unknown

Stage

01.06.2022

Date

3

all rounds

$18.6M

Total amount

General

About Company
Amagma Therapeutics develops antibody therapies for inflammatory diseases.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Amagma

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The biotechnology company, founded in 2019 and based in Waltham, Massachusetts, specializes in discovering and developing antibody therapeutics that target enzyme hyperactivity caused by overactive extracellular proteases, which trigger tissue damage and broad inflammatory responses. Amagma's therapies offer a safe and effective treatment option for inflammatory diseases, particularly GI disorders, that have been difficult to treat with other approaches. The company is backed by private investors, including Polaris Partners, and led by experienced entrepreneurs such as Prof. Tillman Gerngross and Prof. Leonard Zon.