Adaptive Phage Therapeutics

Bethesda, United States Founded: 2016 • Age: 10 yrs Acquired By BiomX
Therapies for multi-drug resistant infections are developed using bacteriophages.

About Adaptive Phage Therapeutics

Adaptive Phage Therapeutics is a company based in Bethesda (United States) founded in 2016 was acquired by BiomX in March 2024. Adaptive Phage Therapeutics has raised $107.87 million across 11 funding rounds from investors including Amgen, Lilly and Bayer. The company has 78 employees. Adaptive Phage Therapeutics operates in a competitive market with competitors including Spero Therapeutics, Nabriva, Melinta Therapeutics, Iterum Therapeutics and BiomX, among others.

  • Headquarter Bethesda, United States
  • Employees 78
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website aphage.com/*
  • Social X
  • Acquired by BiomX (Mar 2024)
  • Legal Name Adaptive Phage Therapeutics
Key Metrics
  • Total Equity Funding
    $107.87M (USD)

    in 11 rounds

  • Latest Funding Round
    $12M (USD), Series B

    Jun 2023

  • Investors
    Amgen

    & 11 more

  • Employee Count
    78
  • Acquired by
    BiomX

    (Mar 2024)

Funding Insights of Adaptive Phage Therapeutics

Adaptive Phage Therapeutics has successfully raised a total of $107.87M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $107.87M
  • Total Rounds 11
  • Last Round Series B β€” $12M
  • First Round $765,000

    (Apr 2017)

  • Investors Count 11

Latest 10 of 11 funding rounds of Adaptive Phage Therapeutics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$12MSeries B––
Apr 2022$20MSeries B–Lilly, Amgen
Sep 2021$8MGrant––
May 2021$61MSeries B–Deerfield
Aug 2020$7MSeries B–Mayo Clinic Business Accelerator
–
Jun 2020$3.35MDebt – Conventional––
–
Dec 2019–Series A–Hackensack Meridian Health
–
Oct 2019$7MSeries A–Alexandria
–
Feb 2018$100,000Seed––
Jan 2018$2.35MDebt – Conventional––
–
Valuation history

12 investors in total: 12 institutional.

Investors in Adaptive Phage Therapeutics

Adaptive Phage Therapeutics has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Amgen, Lilly and Bayer.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are made in antimicrobial resistance treatment development.
–amractionfund.com-
Healthcare ecosystem is supported through investment and innovation by Deerfield.
–deerfield.comNew York, United States
Healthcare startups are accelerated by Mayo Clinic Business Accelerator.
–mcbusaccel.comRochester, United States
Venture capital fund and startup accelerator programs focused on seed and early stage companies
1998tedcomd.comColumbia, United States
Traditional pharmaceutical medicines are developed for multiple health fields.
1876lilly.comUnited States
Developer of pharmaceutical products for treating multiple diseases
1980amgen.comThousand Oaks, United States
Life science solutions for healthcare and agriculture are delivered.
1863bayer.comLeverkusen, Germany
-
–defence.gov-
General medical clinics are operated throughout the United States.
1864mayoclinic.orgUnited States
Standalone multispecialty hospitals are operated across the United States.
2016hackensackmeridianhealth.orgEdison, United States
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Investor details for Adaptive Phage Therapeutics

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People of Adaptive Phage Therapeutics

12 people are tracked at Adaptive Phage Therapeutics (4 in leadership, 5 in board & advisors, 3 in team); the tracked headcount is 78.

NameRoleGroup
Greg Merril
–Leadership
Rob Casper
Vice President Clinical OperationsLeadership
Carl R. Merril
Chief Scientific OfficerLeadership
Mike Sowers
Director, QualityLeadership
Jonathan Leff
DirectorBoard & advisors
Evan Loh
DirectorBoard & advisors
Martin Heidecker
DirectorBoard & advisors
Raymond D. Martz
DirectorBoard & advisors
Jesse Goodman
DirectorBoard & advisors
Dale Eadie
Clinical Research Program ManagerTeam
Emae Lee-Voritskul, CPA
Corporate ControllerTeam
Siblian Boston
Clinical Trial ManagerTeam
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Timeline of Adaptive Phage Therapeutics

4 dated milestones of Adaptive Phage Therapeutics across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Adaptive Phage Therapeutics is founded.
  2. Funding First funding round of $765K.
  3. Funding Latest funding round, Series B, of $12.0M.
  4. Exit Acquired by BiomX.

Competitors of Adaptive Phage Therapeutics

Adaptive Phage Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spero Therapeutics, Nabriva, Melinta Therapeutics, Iterum Therapeutics and BiomX, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sperotherapeutics.com2013Cambridge, United States$114.7M46
Therapeutics for drug-resistant bacterial infections are developed.
nabriva.com2006Vienna, Austria$193.08M–
Pleuromutilin antibiotics are developed for MDR infections.
melinta.com2000Morristown, United States$186M290
Developer of bacterial ribosome-targeting drugs for MDR infections
iterumtx.com2015Dublin, Ireland$78.1M–
Developer of antibiotics for MDR infections
biomx.com2015Ness Ziona, Israel$56M–
Microbiome therapeutics are developed for dysbiosis-linked diseases.
paratekpharma.com1996Boston, United States$96.48M205
Therapeutics for antimicrobial resistant infections are developed.
locus-bio.com2015Raleigh, United States$67.33M74
Developer of therapeutics for infectious disease and inflammatory indications
vedantabio.com2010Cambridge, United States$350.49M71
Therapeutics for infectious and autoimmune diseases are developed.
allecra.com2013–$44.44M–
Antibiotics for multi-drug-resistant bacterial infections are developed.
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Detailed competitors of Adaptive Phage Therapeutics

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Latest news on Adaptive Phage Therapeutics

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Similar companies to Adaptive Phage Therapeutics

10 companies that operate in the same segment as Adaptive Phage Therapeutics (Microbiome Therapeutics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Biosolutions and enzymes are developed for biotechnology applications across industries.
2000Bags Sword, Denmark–––
Pendulum is focused on developing advanced probiotic solutions.
2012San Francisco, California, United StatesUSD 109.5 M–55
Gut microbiome insights, analytics, tests, and therapeutics are provided.
2019Singapore, SingaporeUSD 10.5 MUSD 1.37 M–
Microbiome-based therapeutics for skin conditions like eczema are developed.
2014Farmington, United StatesUSD 37.4 M–12
Engineered microbes are developed as programmable therapeutics for metabolic disorders.
2013Cambridge, Massachusetts, United StatesUSD 34.4 MUSD 8 K1
Therapeutics for infectious and autoimmune diseases are developed.
2010Cambridge, Massachusetts, United StatesUSD 470.49 M–71
Biological drugs for skin and mucosa wound treatment are developed.
2016Uppsala, Uppsala County, SwedenUSD 4.02 MUSD 1.12 M–
Microbiome-based therapeutics for gut diseases are developed.
2017Edinburgh, Scotland, United KingdomUSD 72.96 M–65
The gut-brain axis is explored for therapeutic and nutritional innovations.
2014New York, New York, United StatesUSD 479 M–84
Microbiome therapeutics are developed to address diverse diseases.
2010Cambridge, Massachusetts, United StatesUSD 257.13 MUSD 789 K103
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Frequently Asked Questions about Adaptive Phage Therapeutics

Adaptive Phage Therapeutics was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Adaptive Phage Therapeutics is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.

Adaptive Phage Therapeutics is a funded company, having raised a total of $107.87M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.35M, raised on Apr 2017.

Adaptive Phage Therapeutics has 78 employees.

Adaptive Phage Therapeutics was founded in 2016 and is based in Bethesda, United States. Operations focus on the biotechnology sector, where therapies for multi-drug resistant bacterial infections are provided through PhageBanking, a collection of targeted bacteriophages. A rapid matching system pairs phages with patient-specific infections. Success in a first-in-human case involving Acinetobacter baumannii has been achieved, supporting patient survival.

Adaptive Phage Therapeutics's top competitors include Spero Therapeutics, Melinta Therapeutics and Vedanta Biosciences.

Adaptive Phage Therapeutics has 12 investors. Key investors include Amgen, Lilly, Bayer, ARE, and Mayo Clinic.

Adaptive Phage Therapeutics operates through Adaptive Phage Therapeutics.

Yes. Adaptive Phage Therapeutics was acquired by BiomX in March 2024.

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