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Dualitas Therapeutics

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Bispecific antibody therapies for immune and inflammatory diseases

South San Francisco, United StatesFounded 2023Biotech & Life Sciences
Valuation $250–500M Last recorded · 2025
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Dualitas Therapeutics

Dualitas Therapeutics, Inc. is a biotechnology company focused on developing next-generation bispecific antibody (BsAb) therapies for immunology and inflammation. The company was co-founded in 2023 by Forbes Huang, who serves as COO and CBO, and Greg Lazar, the Chief Scientific Officer. They were driven by the goal of moving beyond incremental advancements in a crowded antibody-drug market. Forbes Huang has a background as CEO for a Novo Holdings startup and held senior roles at Gyroscope Therapeutics and IVERIC bio. Greg Lazar previously led research groups at Genentech, Eli Lilly, and Xencor, contributing to multiple clinical-stage molecules and approved drugs.

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The company's core technology is the proprietary DualScreen™ BsAb discovery engine. Unlike traditional methods that focus on a narrow set of known biological target pairs, DualScreen operates at a combinatorial scale. It functionally screens the entire cell surface (the surfaceome) to identify novel BsAb combinations that produce synergistic, rather than merely additive, effects. This platform has also generated a collection of reusable "immune engagers," which are antibody arms that can be paired with various targets to create new BsAb candidates. The business model centers on advancing its internal pipeline while also forming strategic partnerships to leverage the DualScreen platform for discovering new candidates and exploring disease areas beyond its primary focus on immunology and inflammation (I&I).

Dualitas emerged from stealth in September 2025 with a $65 million Series A financing. The round was co-led by Versant Ventures and Qiming Venture Partners USA, with participation from founding investor SV Health Investors and new strategic investors including Chugai Venture Fund, Eli Lilly and Company, and Alexandria Venture Investments. The funds are designated for advancing its lead programs—DTX-103 for allergic diseases and DTX-102 for autoimmune diseases—and for the continued development of the DualScreen platform.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2023
Headquarters
South San Francisco, United States
Employees
19
Open positions
None listed
Dealroom signal
57.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Antibodies, Inflammatory Diseases, Immune System, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Sep 2025 $65M $260M Eli Lilly · Chugai Venture Fund · Versant Ventures · Qiming Venture Partners USA ↗
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Growth signals

Dualitas Therapeutics website traffic

Latest recorded traffic for Dualitas Therapeutics is 2K monthly website visits, up 900% over the last three months.

Latest monthly visits2K 3-month web change+900%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • Versant Ventures
  • Qiming Venture Partners USA
  • Eli Lilly
  • Chugai Venture Fund
  • SV Health Investors
  • Alexandria Venture Investments
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States86.7%
🇬🇧 United Kingdom13.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dualitas Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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