Seat­tle biotech clos­es $18M Se­ries B — and ac­quires a com­pa­ny; An­oth­er George Church alum launch­es up­start

Seat­tle biotech Cyrus Biotech­nol­o­gy an­nounced this morn­ing that it closed an $18 mil­lion Se­ries B — and land­ed an ac­qui­si­tion to boot.

The biotech, which has an in-house soft­ware pro­gram for bi­o­log­ics dis­cov­ery, ac­quired Or­thog­o­nal Bi­o­log­ics, a spin-out from the Uni­ver­si­ty of Illi­nois that fo­cus­es on us­ing “Big Da­ta” to run deep mu­ta­tion­al scan­ning on pro­teins and re­cep­tors for drug dis­cov­ery.

The fi­nanc­ing in­cludes in­vest­ments from Or­biMed Ad­vi­sors, Trin­i­ty Ven­tures, Agent Cap­i­tal, Yard Ven­tures, among oth­ers. And Se­lec­ta Bio­science, with which Cyrus is al­ready work­ing on au­toim­mu­ni­ty pro­grams, joined as a strate­gic in­vestor.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.