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TenSixteen Bio
Researching and developing novel therapeutics to treat age-related diseases
About TenSixteen Bio
TenSixteen is a pioneering company in the field of precision medicine, focusing on the development of new treatments for age-related diseases. Precision medicine is a medical approach that tailors treatment to individual characteristics, such as genetics. TenSixteen stands out by being the first to utilize somatic mosaicism and clonal hematopoiesis of indeterminate potential (CHIP) in their research. Somatic mosaicism refers to the presence of more than one genetically distinct cell population in an individual, while CHIP involves the accumulation of certain genetic mutations in blood cells as people age.
The company operates in the biotechnology and pharmaceutical market, targeting age-related diseases, which are conditions that become more common as people grow older, such as cardiovascular diseases, cancers, and neurodegenerative disorders. TenSixteen's clients primarily include healthcare providers, research institutions, and pharmaceutical companies that are looking for innovative treatments to improve patient outcomes.
TenSixteen's business model revolves around discovering and developing novel therapeutics. They conduct extensive research to identify potential drug candidates and then move these candidates through the development pipeline, which includes laboratory testing, clinical trials, and regulatory approval processes. The company makes money by licensing their drug candidates to larger pharmaceutical companies, forming partnerships for co-development, or by bringing their own products to market.
In summary, TenSixteen is at the forefront of precision medicine, leveraging unique genetic insights to create new treatments for age-related diseases. Their innovative approach and focus on cutting-edge research position them as a key player in the biotechnology and pharmaceutical industry.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- San Francisco, United States
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 63.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Precision Medicine, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jan 2022 | $40M | $160M | GV · Foresite Capital | ↗ |
Growth signals
Latest recorded traffic for TenSixteen Bio is 830 monthly website visits, up 232% over the last three months. TenSixteen Bio's team grew 0% over the past year.
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Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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Series A2 investors entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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