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Femtogenix

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DNA-interactive payloads for antibody-drug conjugates

St Albans, United KingdomFounded 2015Biotech & Life Sciences
Valuation $250–500M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Femtogenix

Femtogenix is a biotechnology company spun out from King's College London in 2015, focused on developing highly potent DNA-interactive molecules, or "payloads," for use in antibody-drug conjugates (ADCs) to treat cancer. The company was founded by Professor David Thurston, Dr. Khondaker Miraz Rahman, and Dr. Paul Jackson, building on their research at King's College London. This founding team aimed to replicate the success of their previous venture, Spirogen, which was acquired by AstraZeneca. Thurston, who serves as Chief Scientific Officer, has extensive experience in the field, having also co-founded Spirogen. The initial Series A funding was provided by Research Corporation Technologies (RCT), which was also an early investor in Spirogen. In March 2022, the company secured $36.6M in a Series B round.

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The company's business model is centered on developing its proprietary payload platform and then partnering with and licensing its technology to biopharmaceutical companies. This allows its novel payloads to be combined with third-party targeting systems, such as monoclonal antibodies, to create next-generation ADCs. Femtogenix has established licensing agreements with companies like Iksuda Therapeutics to incorporate its payloads into their ADC programs for difficult-to-treat solid tumors.

Femtogenix's core technology is its Pyridinobenzodiazepine (PDD) payload platform, which utilizes computational chemistry and deep expertise in DNA-targeted drug discovery. This platform designs molecules that bind to the minor groove of DNA in a sequence-selective manner, leading to targeted cytotoxicity in tumor cells while minimizing systemic side effects. Key features of these payloads include a novel mechanism of action, minimal hydrophobicity, and resistance to P-Glycoprotein pumps in cancer cells, which often cause drug resistance. The technology allows for the creation of payloads with a range of potencies and the development of both mono-alkylators and DNA cross-linking agents, overcoming some limitations of existing ADC technologies.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
St Albans, United Kingdom
Employees
3
Open positions
None listed
Dealroom signal
60.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Drug Development, DNA, Genetics and genomics, Spinout, Genome Engineering, Biotech and Pharma, uk is8 life sciences, UKSU, UKSU2010
Business model
Manufacturing

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Mar 2022 $69M $274M Undisclosed ↗
SPINOUTOther financing Jan 2015 — — King's College London —
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Growth signals

Femtogenix website traffic

Latest recorded traffic for Femtogenix is 270 monthly website visits, up 58.8% over the last three months. Femtogenix's team grew 0% over the past year.

Latest monthly visits270 3-month web change+58.8% 1-year team growth0%
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Investments and acquisitions

Capital deployed

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Investors

1 investor on the cap table

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

Other known investors1 additional known investor

  • King's College London
Team profiled 4 named & role-tagged
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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
🇬🇧 United Kingdom · St Albans HQ
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Market sentiment

Posts on X, past 7 days

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

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