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Hexagon Bio
Biotech & Life Sciences · Menlo Park, United States · Founded 2016
A data-driven biotech company developing targeted small molecule therapeutics MoreLess
Hexagon Bio is a biotechnology startup based in Menlo Park, California, specializing in the discovery and development of new medicines using synthetic biology and data science. The company leverages the significant reductions in DNA sequencing costs to access a vast array of genomic data from thousands of species. Their proprietary algorithm scans these genomes to identify small molecule inhibitors that can target specific proteins known to drive diseases like cancer.
Hexagon Bio's unique synthetic biology platform allows them to quickly produce lead compounds for clinical development. This means they can take the small molecules identified by their algorithm and develop them into potential medicines at a faster rate than traditional methods. The company's team is composed of experts in computational biology, biochemistry, chemistry, and software engineering, all working together to push the boundaries of medical discovery.
Hexagon Bio primarily serves the pharmaceutical and healthcare sectors, focusing on developing treatments for complex diseases that have been challenging to address with existing therapies. Their business model revolves around the discovery and early-stage development of drug candidates, which they can then license to larger pharmaceutical companies for further development and commercialization. This approach allows Hexagon Bio to generate revenue through licensing deals and potential milestone payments as their drug candidates progress through clinical trials.
In summary, Hexagon Bio is at the forefront of using advanced genomic data and synthetic biology to discover new medicines. Their innovative approach and specialized team position them as a key player in the biotech industry, particularly in the field of drug discovery and development.
Keywords: biotechnology, synthetic biology, data science, genomics, drug discovery, cancer treatment, small molecules, pharmaceutical, healthcare, clinical development.
Company overview
Hexagon Bio company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Menlo Park, United States
- Employees
- 72
- Open positions
- 2
- Dealroom signal
- 70.7
Valuation & funding
Hexagon Bio funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Oct 2022 | $67M | $269M | Undisclosed | ↗ |
| EARLY VCOther financing | Sep 2021 | $61M | $244M | SoftBank · The Column Group · 8VC · Two Sigma Ventures | — |
| SERIES AOther financing | Sep 2020 | $47M | $188M | Two Sigma Ventures · The Column Group · 8VC | — |
| SEEDOther financing | Jun 2017 | $8.3M | $33M | 8VC | ↗ |
| SPINOUTOther financing | Jan 2016 | $0 | — | Stanford University | — |
Growth signals
Hexagon Bio website traffic
Latest recorded traffic for Hexagon Bio is 3.1K monthly website visits, down 39.2% over the last three months. Hexagon Bio's team grew 10.8% over the past year.
Hiring
Open positions at Hexagon Bio
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Comparisons
Hexagon Bio compared with similar companies
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Talent graph
Hexagon Bio's talent
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Global footprint
Where Hexagon Bio has talent and traffic
team presence
In the news
Latest news about Hexagon Bio
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Market sentiment
What the market is saying about Hexagon Bio
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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