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Angiex develops Nuclear-Delivered Antibody-Drug Conjugates (ND-ADCs), a novel class of biotherapeutics. Their technology employs an antibody platform targeting TM4SF1 for precise agent delivery, addressing critical cancer lethality. This approach aims to treat solid tumors and diseases of pathological angiogenesis.
The company was founded by scientists motivated by newly discovered biological transport mechanisms. This core insight, rooted in endothelial biology, guided Angiex's formation focusing on vascular-targeted biotherapeutics. Their expertise informs a distinct strategy for drug delivery, intended to enhance outcomes.
Angiex’s products are aimed at patients with solid cancers and conditions involving abnormal blood vessel formation. The company’s vision centers on leveraging its ND-ADC technology to improve cancer treatment. They plan to advance internal drug development and may out-license their antibody platform, aiming to expand effective therapeutic choices.
Angiex has raised $27.0M across 2 funding rounds.
Angiex has raised $27.0M in total across 2 funding rounds.
Angiex has raised $27.0M across 2 funding rounds. Most recently, it raised $25.0M Series B in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2021 | $25M Series B | — | Gaingels, Khosla Ventures, MarsBio, Presight Capital, SOSV, Tuesday Capital | Announced |
| Oct 1, 2020 | $2M Series U | — | Gaingels, Khosla Ventures, MarsBio, Presight Capital, SOSV, Tuesday Capital | Announced |
Angiex is a biotechnology company developing first-in-class Nuclear-Delivered Antibody-Drug Conjugates (ND-ADCs) to target the hallmarks of cancer lethality, with a vision to make cancer a non-lethal disease.[1][2][3] Their lead product, AGX101, a TM4SF1-directed ND-ADC, treats solid tumors by delivering chemotherapeutic payloads directly to the nucleus of tumor cells and tumor vascular endothelial cells, addressing high mortality rates where over one-third of people in developed countries develop cancer and 10 million die annually.[1][2][3] The company serves oncology patients and the medical community, solving the problem of ineffective solid tumor therapies through selective nuclear delivery that minimizes damage to healthy tissue; AGX101 entered Phase 1 clinical trials in August 2024, with the first patient dosed.[1][2][3]
Headquartered in Cambridge, Massachusetts, Angiex has raised under $5 million in funding and employs fewer than 25 people, leveraging its location's biotech ecosystem for efficient growth toward clinical milestones and pipeline expansion.[1][5]
Angiex was founded by experts in tumor blood vessel biology who discovered VEGF-A, positioning them as leaders in the field.[2] The idea emerged from reviving TM4SF1—an old target from Bristol-Myers Squibb trials in 1986-1991—with modern ND-ADC technology to exploit its expression in proliferating endothelial cells and most tumor cells, enabling targeted delivery for cancer and vascular diseases.[3][4] CEO Paul Jaminet has highlighted Cambridge's incubation ecosystem, expertise, and capital as pivotal for early traction, allowing rapid advancement of TM4SF1-directed therapies.[5] Key early moments include preclinical efficacy data against human xenografts and mouse syngeneic tumors, leading to AGX101's progression to Phase 1 dosing in 2024.[1][3][4]
Angiex rides the ADC revolution in oncology, where antibody-drug conjugates have surged due to improved targeting and payloads, amid market forces like rising solid tumor incidence and demand for therapies with better margins over traditional chemo.[1][2][4] Timing is ideal post-2024 Phase 1 initiation for AGX101, capitalizing on TM4SF1's pan-cancer expression and historical validation, while nuclear delivery differentiates from surface-targeting ADCs.[3] In Cambridge's biotech hub, Angiex influences the ecosystem by out-licensing TM4SF1 antibodies for vascular indications and advancing internal cancer biotherapeutics, fostering innovation in tumor microenvironment targeting.[4][5]
Angiex's near-term focus is expanding AGX101's Phase 1 data readout, potentially unlocking partnerships given its ambition for high-quality collaborators and preclinical successes.[2][3] Broader trends like ADC payload diversification and AI-driven biology will shape its pipeline, with TM4SF1's versatility enabling cardiovascular expansions.[4] Influence may evolve from niche innovator to ecosystem leader if Phase 1 validates nuclear delivery's efficacy, reinforcing its mission to end cancer lethality and tying back to transforming a disease killing 10 million yearly into a manageable one.[1][2]
Angiex has raised $27.0M in total across 2 funding rounds.
Angiex's investors include Gaingels, Khosla Ventures, MarsBio, Presight Capital, SOSV, Tuesday Capital.