Abpro Overview
- Year Founded
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2004
- Status
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Private
- Employees
-
40
- Latest Deal Type
-
PIPE
- Latest Deal Amount
-
$5M
- Investors
-
1
Abpro General Information
Description
Operator of a biotechnology company intended to treat and cure diseases in patients. The company uses synthetic biology and immunology to generate medication against novel and challenging targets, enabling biotechnology and pharmaceutical companies to develop many therapeutic antibodies against traditionally difficult targets, helping medical professionals create antibody therapies to improve the lives of patients facing severe and life-threatening diseases.
Contact Information
Website
www.abpro.coCorporate Office
- 100 Summit Drive
- Burlington, MA 01803
- United States
Corporate Office
- 100 Summit Drive
- Burlington, MA 01803
- United States
Abpro Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. PIPE | 13-Nov-2024 | $5M | Completed | Generating Revenue | ||
| 9. Reverse Merger | 13-Nov-2024 | Completed | Clinical Trials - Phase 2 | |||
| 8. Later Stage VC (Series F) | 06-Apr-2022 | Completed | Clinical Trials - Phase 2 | |||
| 7. Debt - PPP | 14-Apr-2020 | Completed | Clinical Trials - Phase 2 | |||
| 6. Later Stage VC (Series E) | 27-Jan-2020 | Completed | Clinical Trials - Phase 2 | |||
| 5. IPO | 11-May-2018 | Cancelled | Clinical Trials - Phase 2 | |||
| 4. Later Stage VC (Series D) | 07-Apr-2017 | Completed | Clinical Trials - Phase 2 | |||
| 3. Later Stage VC (Series C) | 06-Apr-2016 | Completed | Clinical Trials - Phase 2 | |||
| 2. Later Stage VC (Series B) | 11-Aug-2015 | $5.2M | $7M | Completed | Clinical Trials - Phase 2 | |
| 1. Early Stage VC (Series A) | 20-Sep-2007 | $1.8M | $1.8M | Completed | Pre-Clinical Trials |
Abpro Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series F | ||||||||
| Series E | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | 626,636 | $0.001000 | $2.87 | $2.87 | 1x | $2.87 | 1.78% | |
| Series A | 19,254 | $0.001000 | $93.23 | $93.23 | 1x | $0.93 | 5.48% |
Abpro Comparisons
Industry
Financing
Details
Abpro Competitors (14)
One of Abpro’s 14 competitors is Invivyd, a Formerly VC-backed company based in New Haven, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Invivyd | Formerly VC-backed | New Haven, CT | ||||
| Precigen | Formerly VC-backed | Germantown, MD | ||||
| F-Star Therapeutics | Formerly VC-backed | Cambridge, United Kingdom | ||||
| Genmab | Formerly VC-backed | Valby, Denmark | ||||
| Sutro Biopharma | Formerly VC-backed | South San Francisco, CA |
Abpro Patents
Abpro Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023150307-A2 | Compositions and methods against a virus | Inactive | 03-Feb-2022 | ||
| WO-2023150307-A3 | Compositions and methods against a virus | Inactive | 03-Feb-2022 | ||
| AU-2022324015-A1 | Anti-her2 antibodies and uses thereof | Pending | 04-Aug-2021 | ||
| CA-3228259-A1 | Anti-her2 antibodies and uses thereof | Pending | 04-Aug-2021 | ||
| EP-4380638-A2 | Anti-her2 antibodies and uses thereof | Pending | 04-Aug-2021 | C07K16/32 |
Abpro Signals
Abpro Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Atlantic Coastal Acquisition II | Special Purpose Acquisition Company (SPAC) | Minority |
Abpro Acquisitions (1)
Abpro’s most recent deal was a Merger/Acquisition with Atlantic Coastal Acquisition II. The deal was made on 13-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Atlantic Coastal Acquisition II | 13-Nov-2024 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
Abpro FAQs
-
When was Abpro founded?
Abpro was founded in 2004.
-
Where is Abpro headquartered?
Abpro is headquartered in Burlington, MA.
-
What is the size of Abpro?
Abpro has 40 total employees.
-
What industry is Abpro in?
Abpro’s primary industry is Drug Discovery.
-
Is Abpro a private or public company?
Abpro is a Private company.
-
What is Abpro’s current revenue?
The current revenue for Abpro is .
-
How much funding has Abpro raised over time?
Abpro has raised $54.4M.
-
Who are Abpro’s investors?
Atlantic Coastal Acquisition II has invested in Abpro.
-
Who are Abpro’s competitors?
Invivyd, Precigen, F-Star Therapeutics, Genmab, and Sutro Biopharma are some of the 14 competitors of Abpro.
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