Plexium logo — Pushing the Boundaries of Targeted Protein Degradation to Im...

Plexium

Pushing the Boundaries of Targeted Protein Degradation to Improve Lives

Founded 2018 United States San Diego, United States 35 employees Series B Total: $165.00M Biotechnology, Health Care +2

General Information

Company Name Plexium
Founded Year 2018
Location United States San Diego, United States +1
Employees 35
Industries Biotechnology, Health Care, Health and Wellness +1
Funding Stage Series B
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About Plexium

Plexium, founded in 2018, is a pioneering biotechnology company based in the United States. The company is redefining the landscape of targeted protein degradation (TPD) with the ambitious mission of "Pushing the Boundaries of Targeted Protein Degradation to Improve Lives."

Plexium's innovation primarily revolves around its DELTA Discovery™ platform, which includes a unique ultra-high throughput (uHTS) cell-based screening capability. This technology positions Plexium as a leader with the potential to deliver first-in-class and best-in-class treatments, addressing high unmet medical needs in the biotechnology, health care, health and wellness, and pharmaceutical sectors.

Having secured a substantial $102.00M Series B investment on 23 February 2022, Plexium is backed by an impressive roster of investors, including Lux Capital, Neotribe Ventures, RA Capital Management, Pivotal bioVenture Partners, and SoftBank Vision Fund, underscoring strong confidence in its innovative approach and market potential.

Taxonomy: Targeted Protein Degradation, Next-Generation Therapeutics, Monovalent Direct Degraders, Molecular Glues, Small Molecule Drugs, High Unmet Medical Needs, DELTA Discovery Platform, Ultra-High Throughput Screening, Cancer Therapies, Clinical-Stage Degraders, Druggable Target Expansion, Protein Degraders, PROTAC Alternatives, Therapeutic Innovation

Services & Products

Rational design and discovery of protein degraders
Development of targeted protein degradation therapeutics
Clinical trials

Target Customers

Patients with high unmet medical needs Healthcare institutions and systems Pharmaceutical partners

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
23 Feb 2022
Series A •••••• 4
Investor Investor Investor
•••• ••••
19 Jan 2021
Series A •••••• 3
Investor Investor Investor
17 Oct 2019
Series A •••••• 1 •••• •••• 25 Apr 2019
Seed Round •••••• 1 •••• •••• 01 Oct 2018

View All 6 Funding Rounds

Plexium Alternatives & Competitors

Plexium vs

What if you could predict molecules to make the cause of disease disappear?

Seed
3 employees
Biotechnology, Health and Wellness
Plexium vs
Avilar Therapeutics
Avilar Therapeutics United States

Pioneering the discovery and development of extracellular protein degraders.

Seed
25 employees
Biotechnology, Pharmaceutical
Plexium vs
Biotheryx, Inc.
Biotheryx, Inc. United States

Degrading proteins. Saving lives. Building the leader in next-generation targeted protein degradatio...

Series E
25 employees
Biotechnology, Health Care

FAQ About Plexium

Pushing the Boundaries of Targeted Protein Degradation to Improve Lives
Plexium was founded in 2018.
Plexium is headquartered in San Diego, United States.
Plexium operates in the following industries: Biotechnology, Health Care, Health and Wellness, Pharmaceutical.
Plexium has approximately 35 employees.
Plexium has completed 6 funding rounds, raising a total of $165.00M. The latest funding stage is Series B.
Plexium offers: Rational design and discovery of protein degraders, Development of targeted protein degradation therapeutics, Clinical trials.
Top alternatives and competitors to Plexium include Differentiated Therapeutics Inc, Avilar Therapeutics, Biotheryx, Inc., Kymera Therapeutics, Beactica Therapeutics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Plexium and Differentiated Therapeutics Inc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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