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BigHat Biosciences (US)

Founded in late 2019, BigHat has experienced rapid growth during its proof-of-concept stage, reaching significant corporate and scientific milestones in its first 15 months. BigHat’s wet lab is actively producing and characterizing antibodies at scale. The cloud-based AI/ML platform improves designs each round by combining active learning with assay modeling of critical biophysical properties leading to the highest quality sequences. At the onset of the COVID-19 pandemic, BigHat validated this platform by engineering a potent neutralizing SARS-CoV-2 bispecific antibody in the lab. Following this platform demonstration, in late 2020, BigHat was awarded Amgen’s Golden Ticket to MBC BioLabs, which entitles them to lab bench space as well as access to the life sciences incubator community and Amgen’s scientific and business leaders. The company was also awarded a Small Business Innovation Research (SBIR) grant for improving protein production from the National Institute of Standards and Technology (NIST). BigHat is collaborating with multiple strategic partners to leverage the platform to co-develop antibodies and other biotherapeutics. The new capital will be used to expand the BigHat scientific and technical teams; the company is actively hiring exceptional antibody and protein engineers, AI/ML engineers, and computational biologists. Additionally, the funding will support further platform development, scaling capacity and advancement of BigHat’s own internal therapeutic programs towards human clinical trials. “BigHat is applying AI in a dramatically different way than most life sciences startups. AI is by its nature iterative and so is drug development, but in a traditional lab you have long wait times between generations of data as discovery is done and redone. In BigHat’s wet lab, the platform increases throughput, speeds the feedback loop and really eliminates some of the cost and time barriers standing in the way of optimizing protein therapeutics,” said Francisco Gimenez, Partner at 8VC. Founding Team and Advisory Board The company was founded by CEO Mark DePristo, PhD, University of Cambridge, and CSO Peyton Greenside, PhD, Stanford, along with founding advisor Theresa Tribble, a Harvard University MBA and former Chief Business Officer (CBO) for Everlywell. Liz Schwarzbach, PhD, University of Pennsylvania, recently joined as CBO. BigHat has assembled a world-class group of technical and business advisors. Scientific and business leaders advising the company span chemistry luminaries (Brian Kobilka, Nobel Laureate), AI and deep learning experts (Jake Gardner and Andrew Gordon Wilson), life sciences entrepreneurs (Stan Lapidus) and biologics drug discovery leaders (Greg Landes), among others. *

 

Period Start 2019-01-01 established
Products Industry antibody technology
  Industry 2 AI-based drug discovery / AI-based drug development
     
Region Region San Carlos, CA
  Country United States (USA)
  Street 733 Industrial Road
  City 94070 San Carlos, CA
    Address record changed: 2024-01-05
     
Basic data Employees n. a.
     
    * Document for »About Section«: BigHat Biosciences. (2/10/21). "Press Release: BigHat Biosciences Raises $19 Million in Series A Funding to Advance Antibody Design and Development for Safer, More Effective Treatments". San Carlos, CA.
     
   
Record changed: 2023-07-10

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