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PIC Therapeutics

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A biotechnology company focused on fundamentally changing how people treat cancer by developing a new generation of therapeutics based on the modulation of RNA translation

Natick, United StatesFounded 2018Biotech & Life Sciences
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PIC Therapeutics and the history behind them.

About PIC Therapeutics

PIC Therapeutics is a biotechnology company revolutionizing cancer treatment by developing precision-based therapeutics that target cancer signaling pathways. The company focuses on selectively blocking oncogene protein production by modulating the Pre Initiation Complex (PIC) that drives mRNA translation. This approach has the potential to simultaneously modulate multiple oncogenic drivers, offering a powerful new generation of cancer treatments. PIC Therapeutics serves patients with unmet medical needs, particularly those who have developed resistance to existing therapies or face complex tumor progression. The company operates in the biotechnology and pharmaceutical markets, primarily targeting oncology. Its business model involves the research and development of small molecule precision therapeutics, which are then brought to market either through direct commercialization or partnerships with larger pharmaceutical companies. Revenue is generated through product sales, licensing agreements, and potential milestone payments from partners.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Natick, United States
Employees
6
Open positions
None listed
Dealroom signal
70.8/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Spinout, Biotech and Pharma, proteomics, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Oct 2022 $35M $140M Advent Life Sciences · Harrington Discovery Institute · Lumira Ventures · Belinda Termeer ↗
EARLY VCOther financing Apr 2022 $11M $46M Undisclosed ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

PIC Therapeutics website traffic

Latest recorded traffic for PIC Therapeutics is 730 monthly website visits, down 15.1% over the last three months. PIC Therapeutics's team grew 0% over the past year.

Latest monthly visits730 3-month web change-15.1% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Halda TherapeuticsPrecision oncology therapies targeting cancer via RIPTAC™ chimera New Haven, United States Acquired 40 $126M $3B
DISCO PharmaceuticalsBiotechnological research as well as the development, production and distribution of biotechnological products and solutions of all kinds Cologne, Germany Operational
Radionetics OncologyRadionetics Oncology is a precision oncology company focusing on the discovery and development of radiopharmaceuticals San Diego, United States Operational
Atavistik BioPrecision allosteric therapeutics for oncology and rare diseases. Cambridge, United States Operational
PROSION TherapeuticsPROSION Therapeutics is a drug development company with a proprietary platform that addresses highly unmet medical needs by unlocking undruggables Cologne, Germany Operational
NeomorphDeveloping novel drugs targeting previously untreatable disease-causing proteins using molecular degradation technology San Diego, United States Operational
UBiENCEInnovative biopharmaceutical solutions targeting ubiquitin proteasome abnormalities to enhance patient quality of life Tokyo, Japan Operational
Rappta TherapeuticsWorking on a first-in-class series of anti-cancer molecules that reactivate a key tumor suppressor, protein phosphatase 2A (PP2A) Helsinki, Finland Operational
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

7 investors on the cap table

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

Seed1 investor entered at this stage

  • Advent Life Sciences

Series A4 investors entered at this stage

  • OrbiMed
  • Harrington Discovery Institute
  • Lumira Ventures
  • Belinda Termeer

Other known investors2 additional known investors

  • Harvard Medical School
  • McGill University
Team profiled 6 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PIC 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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