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WaveBreak
Small-molecule therapeutics for neurodegenerative diseases
About WaveBreak
WaveBreak, formerly known as Wren Therapeutics, is a biopharmaceutical company that develops small-molecule therapeutics to combat major neurodegenerative diseases like Parkinson's, Alzheimer's, and ALS. The company was spun out of the University of Cambridge and Lund University in 2016. Its scientific founders include Professor Sir Christopher Dobson, Professor Tuomas Knowles, and Dr. Samuel Cohen, who was also the founding CEO. In March 2022, Bart Henderson was appointed CEO, bringing extensive biotechnology industry experience.
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The company's core technology focuses on a drug discovery platform designed to target and inhibit the transient, toxic protein intermediates, known as oligomers, which are understood to be a primary cause of neurotoxicity in protein misfolding diseases. This approach differs from conventional methods by focusing on the chemical kinetics of the protein misfolding process, aiming to block the generation of these harmful oligomers at their source. This strategy addresses the challenge that these oligomers are highly transient and difficult to target with traditional drug discovery techniques.
WaveBreak is advancing lead programs targeting α-synuclein for Parkinson's disease and amyloid-β for Alzheimer's disease. The company operates from headquarters in Boston, MA, and maintains a presence in Cambridge, UK. It has raised significant funding through multiple rounds, including a Series A round, to advance its pipeline and platform. The business model is centered on the discovery, development, and eventual commercialization of its novel therapeutics to address substantial unmet medical needs in the neurodegenerative space.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Cambridge, United Kingdom
- Employees
- 7
- Open positions
- None listed
- Dealroom signal
- 63.0/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Personal Health, Diabetes, Biotechnology, Neurology, Spinout, Biotech and Pharma, Hard Tech, Longevity, proteomics
- 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 |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jan 2021 | $16M | $119M | Schooner Capital · Lifeforce Capital · Industry Ventures · The Baupost Group | — |
| SERIES A✓Equity / VC | Jan 2019 | $24M | $95M | Lifeforce Ventures · The Baupost Group | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for WaveBreak is 220 monthly website visits, down 29% over the last three months. WaveBreak's team declined 36.4% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
The Baupost Group- LVLifeforce Ventures
Schooner Capital
Lifeforce Capital
Industry Ventures
Other known investors2 additional known investors
Cambridge Enterprise
University of Cambridge
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about WaveBreak 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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