Ascend (Drug Discovery) Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 116

Employees

  • Latest Deal Type
  • Early Stage VC

  • Investors
  • 14

Ascend (Drug Discovery) General Information

Description

Provider of advanced therapy development and manufacturing services intended to support the creation and commercialization of biologic treatments. The company offers expertise in gene therapies, immunotherapies, oncolytics, and vaccines, along with integrated chemistry, manufacturing, and controls capabilities and fill-finish operations, enabling advanced therapeutic developers to progress from research to commercial production with improved scalability and regulatory alignment.

Contact Information

Formerly Known As
GCTX Basecamp UK, Ascend Gene And Cell Therapies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 9800 Medical Center Drive
  • Building D
  • Rockville, MD 20850
  • United States
Primary Industry
Drug Discovery
Other Industries
Biotechnology
Vertical(s)
Corporate Office
  • 9800 Medical Center Drive
  • Building D
  • Rockville, MD 20850
  • United States

Ascend (Drug Discovery) Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Ascend (Drug Discovery) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC 12-Nov-2024 Completed Startup
2. Early Stage VC (Series A) 08-May-2023 Completed Startup
1. Early Stage VC 01-Dec-2021 $15M $15M Completed Startup
To view Ascend (Drug Discovery)’s complete valuation and funding history, request access »

Ascend (Drug Discovery) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A2
Series A2
Series A2
Series A
Series A
Series A 55,520,832 $0.000013 $1.3 $1.3 1x $1.3 45.67%
Series Seed 15,000,000 $0.000013 $0.96 $0.96 1x $0.96 12.34%
To view Ascend (Drug Discovery)’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Ascend (Drug Discovery) Patents

Ascend (Drug Discovery) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4752226-A1 Plasmid system for aav production Pending 28-Nov-2024
WO-2026119714-A2 Plasmid system for aav production Pending 28-Nov-2024
WO-2026119714-A3 Plasmid system for aav production Pending 28-Nov-2024
WO-2026109693-A1 Method for improved aav production Pending 21-Nov-2024
WO-2025238067-A1 Novel vector system for aav production Pending 15-May-2024 C12N15/86
To view Ascend (Drug Discovery)’s complete patent history, request access »

Ascend (Drug Discovery) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Ascend (Drug Discovery) Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Ajinomoto Group Ventures Corporate Venture Capital Minority
DCVC Venture Capital Minority
EW Healthcare Partners Growth/Expansion Minority
4BIO Capital Venture Capital Minority
Abingworth Venture Capital Minority
You’re viewing 5 of 14 investors. Get the full list »

Ascend (Drug Discovery) Acquisitions (3)

Ascend (Drug Discovery)’s most recent deal was a Merger/Acquisition with Advanced Bioscience Laboratories. The deal was made on 06-Nov-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Advanced Bioscience Laboratories 06-Nov-2024 Merger/Acquisition Laboratory Services (Healthcare)
Beacon Therapeutics (GMP Manufacturing Capacity in Alachua, Florida) 01-Apr-2024 Merger/Acquisition Pharmaceuticals
Freeline Therapeutics (Biotechnology) 10-Feb-2023 Merger/Acquisition Drug Discovery
To view Ascend (Drug Discovery)’s complete acquisitions history, request access »

Ascend (Drug Discovery) Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Advanced Bioscience Laboratories Rockville, MD 1961

Ascend (Drug Discovery) FAQs

  • When was Ascend (Drug Discovery) founded?

    Ascend (Drug Discovery) was founded in 2021.

  • Where is Ascend (Drug Discovery) headquartered?

    Ascend (Drug Discovery) is headquartered in Rockville, MD.

  • What is the size of Ascend (Drug Discovery)?

    Ascend (Drug Discovery) has 116 total employees.

  • What industry is Ascend (Drug Discovery) in?

    Ascend (Drug Discovery)’s primary industry is Drug Discovery.

  • Is Ascend (Drug Discovery) a private or public company?

    Ascend (Drug Discovery) is a Private company.

  • What is Ascend (Drug Discovery)’s current revenue?

    The current revenue for Ascend (Drug Discovery) is .

  • How much funding has Ascend (Drug Discovery) raised over time?

    Ascend (Drug Discovery) has raised $152M.

  • Who are Ascend (Drug Discovery)’s investors?

    Ajinomoto Group Ventures, DCVC, EW Healthcare Partners, 4BIO Capital, and Abingworth are 5 of 14 investors who have invested in Ascend (Drug Discovery).

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