Adnexus

Waltham, United States Founded: 2002 • Age: 24 yrs Acquired By Bristol-Myers Squibb
Discovers, develops, and distributes therapeutic class of biologics for treatment of oncology, immunology, and cardiovascular diseases
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About Adnexus

Adnexus is a company based in Waltham (United States) founded in 2002 was acquired by Bristol-Myers Squibb in September 2007.. Adnexus has raised $42.5 million across 2 funding rounds from investors including Flagship Pioneering, Atlas Venture and Bristol-Myers Squibb.

  • Headquarter Waltham, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $15.5 M (USD), Series C

    Aug 07, 2007

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Bristol-Myers Squibb

    (Sep 24, 2007)

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People of Adnexus
Headcount 10000+
Employee Profiles 1408
Board Members and Advisors 11
Employee Profiles
People
Gadiel Carrero
Sr. Manager Quality Engineering, Device And Combination Products
People
Mirna Kalayjian
Postdoctoral Fellow, Oncology Clinical Science
People
Lakshmikant Bajpai
Director And Head Of Analytical Research & Development
People
Hailuo Liu
QC Compliance Manager

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Board Members and Advisors
people
Paula A. Price
Director
people
Michael Bonney
Director
people
Phyllis Yale
Director
people
Derica W. Rice
Director

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Funding Insights of Adnexus

Adnexus has successfully raised a total of $42.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $15.5 million completed in August 2007. 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
  • Total Rounds 2
  • Last Round Series C — $15.5M
  • First Round

    (26 Jun 2006)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2007 Amount Series C - Adnexus Valuation

investors

Jun, 2006 Amount Series B - Adnexus Valuation Venrock
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adnexus

Adnexus has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Flagship Pioneering, Atlas Venture and Bristol-Myers Squibb. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in life science and biotechnology sectors
Founded Year Domain Location
US focused venture capital firm
Founded Year Domain Location
Venture capital firm focused on tech sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adnexus

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Adnexus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adnexus Comparisons

Employees
+
Add Comparison
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Competitors of Adnexus

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adnexus

Adnexus Raises Series C - PE Hub
Pehub18 years ago

Frequently Asked Questions about Adnexus

When was Adnexus founded?

Adnexus was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Where is Adnexus located?

Adnexus is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Is Adnexus a funded company?

Adnexus is a funded company, having raised a total of $42.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $27M, raised on Jun 26, 2006.

What does Adnexus do?

Adnexus Therapeutics was founded in 2002 in Waltham, United States, focusing on the biotechnology sector. Biologics in the therapeutic class are discovered, developed, and distributed within the country for oncology, immunology, and cardiovascular treatments. Product candidates such as AngioceptCT-322, an anti-angiogenesis agent that blocks the VEGFR-2 pathway for cancer, and additional Adnectin therapies are included in the pipeline. Acquisition by Bristol-Myers Squibb occurred in September 2009.

Who are Adnexus's investors?
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