A-Alpha Bio Raises $20 Million in Series A

by Kay Aloha Villamor in September 9th, 2021

A-Alpha Bio a New York-based firm that characterizes protein-protein interactions raised $20 million in Series A funding.

Madrona Venture Group led the round, with additional participation from Perceptive Xontogeny Venture Fund and Lux Capital.

A-Alpha Bio uses the funding to build a new production laboratory, generate the largest-ever database of protein interaction measurements, and fill key roles in its organization. A-Alpha Bio also plans to expand its machine-learning capabilities to determine the rules of protein binding and enable in silico modeling of complex protein interaction networks. 

Company: A-Alpha Bio, Inc.

Raised: $20.0M

Round: Series A

Funding Month: September 2021

Lead Investors: Madrona Venture Group

Additional Investors: Perceptive Xontogeny Venture Fund and Lux Capital

Company Website: http://aalphabio.com/

Software Category: Cell-based tools

About the Company: A-Alpha Bio provides cell-based tools for quantitative and high-throughput measurements of protein interactions, accelerating target discovery, library screening, and preclinical drug characterization. A-Alpha Bio's product, AlphaSeq, is a revolutionary cell-based platform technology that will fundamentally change the way that protein interactions are measured. A-Alpha Bio is a team of synthetic biologists, structural biologists, and next-generation sequencing experts who have come together to remove this industry-wide bottleneck.

Source: https://www.genomeweb.com/business-news/alpha-bio-raises-20m-series-financing#.YTnN4J0zbIU

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