ProtAffin Biotechnologie

ProtAffin is a biotechnology company in Austria developing a novel class of biopharmaceutical products that act by targeting cell-surface

Business Model:

Revenue: $0

Employees: 11-50

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Detailed ProtAffin Biotechnologie Information

Geographic Data

ProtAffin Biotechnologie headquarters map

Address:

City: Graz

State: Steiermark

Zip:

Country: Austria

Financial Info

Stage:

series a

Raised Last:

$2M

Raised Total:

$7M

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Description

ProtAffin is a biotechnology company in Austria developing a novel class of biopharmaceutical products that act by targeting cell-surface glycan structures. ProtAffin&s;s products are first-in-class engineered versions of human proteins which bind to cell surface glycans (sugars) to affect their biological activity. Activated versions of specific cell surface glycans underlie inflammatory processes in several diseases including rheumatoid arthritis, chronic obstructive pulmonary disorder, Crohn&s;s disease and cancer and represent a rich and relatively under-investigated class of potential drug targets for the pharmaceutical and biotechnology industries. Protaffin&s;s approach is entirely innovative and opens up glycans as druggable targets through the use of its CellJammer® discovery platform.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
1/2006 Venture Round 1 $1.6M Haller Capital
Haller Capital
5/2007 Series A $0 Aescap Venture
Zcube
Aescap Venture
Zcube
1/2008 Series A $0 Aescap Venture
Zcube
Aescap Venture
Zcube
1/2008 Series A 2 $2M Aescap Venture
Zcube
Aescap Venture
Zcube
5/2007 Series A 2 $3.6M Aescap Venture
Zcube
Aescap Venture
Zcube
Announced Date Name Price

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