Celeris
Harnessing deep learning and lab automation to accelerate drug discovery in targeted protein degradation.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Celeris Information
Geographic Data
Address: 585 Glenwood Ave
City: Menlo Park
State: CA
Zip: 94025
Country: US
Financial Info
Stage:
seed
Raised Last:
$3M
Raised Total:$5M
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Description
Celeris Therapeutics is an AI-first drug discovery company that develops proximity-inducing compounds (PICs), focusing on PIC degraders for diseases with high unmet medical needs, such as Parkinson&s;s and various types of cancers. Celeris Therapeutics has developed the Celeris One platform to streamline the development of degraders and, most importantly, rationalize their design. Celeris One leverages structure-based geometric deep learning to prioritize specific E3 ligases, design linkers, and select the most active compounds for synthesis. An in-house automated lab quickly generates experimental data for additional optimization cycles. Celeris Therapeutics collaborates with pharma and biotech companies to jointly discover and develop small-molecule degrader medicines for all therapeutic areas. It is also developing an in-house drug pipeline. Celeris Therapeutics has offices in Menlo Park, CA, and Graz, Austria.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2022 | Seed Round | 5 | $3.4M |
APX Ventures i&a;i Prague Longevitytech.fund Pace Ventures Enigma R42 Group APX Ventures i&a;i Prague Longevitytech.fund Pace Ventures Enigma R42 Group |
3/2021 | Pre Seed Round | 2 | $471.5k |
Longevitytech.fund R42 Group Longevitytech.fund R42 Group |
7/2021 | Pre Seed Round | 1 | $707.5k |
APX Ventures APX Ventures |
10/2022 | Equity | $9.8M | 10/2022 | Grant | $2.5M |
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