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METIS TechBio

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AI-powered nanotechnology platform for targeted drug delivery

Cambridge, United StatesFounded 2020Biotech & Life Sciences
Valuation $1.51B Market cap · 2026
Revenue $53M Latest reported FY

About METIS TechBio

METIS TechBio is a biotechnology company that operates at the intersection of artificial intelligence and nanomaterial science to innovate drug delivery and formulation. Founded in 2020 by a team of MIT-trained scientists, the company aims to address challenges in delivering active agents to specific targets within the body. The co-founders include CEO Dr. Chris Lai, who has a background in chemical engineering and strategic consulting, and COO Dr. Wenshou Wang, who has experience in AI and polymer synthesis from his time at MIT's CSAIL.

The company's core technology is its proprietary AI-driven platform, NanoForge, which integrates quantum chemistry, molecular dynamics simulations, and machine learning to design and optimize nanomaterials for therapeutic delivery. This platform includes three main solutions: AiLNP for designing nucleic acid delivery systems, AiRNA for optimizing mRNA sequences, and AiTEM for designing small-molecule formulations. The NanoForge platform works in a closed loop, handling molecular generation, property prediction, lab experimentation, and formulation design to accelerate the development process. For example, it reduced the preclinical formulation optimization period for its MTS-004 candidate to under three months from the industry average of one to two years.

METIS TechBio's business model involves developing its own pipeline of drug candidates while also engaging in strategic collaborations and partnerships. The company targets a wide range of diseases, including cancer, neurodegenerative conditions, and metabolic and autoimmune disorders. Its pipeline includes over 10 programs, with several candidates in preclinical and clinical stages. One significant milestone was its internally developed small-molecule candidate, MTS-004, meeting its primary endpoint in a Phase III clinical trial for Pseudobulbar Affect (PBA). The company has also established the OpenCGT platform to support the development of cell and gene therapies by addressing delivery challenges.

Since its inception, METIS TechBio has secured significant funding, including an $86 million Series A in 2021 and a $57 million (RMB 400 million) Series D in 2025. These funds are used to upgrade its platform's automation, advance its product pipeline, and expand global partnerships. The company operates with a global presence, including offices in Beijing, China, and Cambridge, Massachusetts.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2020
Headquarters
Cambridge, United States
Listing
IPO 2026
Employees
34
Open positions
None listed
Dealroom signal
72.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Core AI, Gene Therapy, RNA
Technology
Artificial Intelligence, Big Data, Deep Tech, Deep Learning, Nanotech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITY✓Other financing Jun 2026 $0 — Boulevard ↗
IPO✓Exit May 2026 $270M $3.5B BlackRock · China Asset Management · Deerfield · Hillhouse Capital ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $53M +268.2% −$23M -43.4% −$24M -45.2% $37M
2025 $14M +6985% −$41M -282.5% −$54M -373.2% $37M
2024 $204K -84.1% −$41M -19915.7% −$69M -33684.1% $38M
2023 $1.3M +1585.6% −$57M -4401.9% $40M
2022 $76K — −$69M -90510.5%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

METIS TechBio website traffic

Latest recorded traffic for METIS TechBio is 3K monthly website visits, down 51.6% over the last three months. METIS TechBio's team grew 9.7% over the past year.

Latest monthly visits3K 3-month web change-51.6% 1-year team growth+9.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

11 investors on the cap table

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

Series B and later1 investor entered at this stage

  • Boulevard

Other known investors10 additional known investors

  • BlackRock
  • China Asset Management
  • Deerfield
  • Hillhouse Capital
  • IDG Capital
  • Mirae Asset Securities
  • ORIX
  • RTW Investments
  • UBS Asset Management
  • Monolith Management
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
🇺🇸 United States · Cambridge HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about METIS TechBio 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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