Ambrx

San Diego, United States Founded: 2003 • Age: 23 yrs Acquired By Johnson & Johnson
Antibody-drug conjugates are developed for cancers and metabolic disorders.
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About Ambrx

Ambrx is a company based in San Diego (United States) founded in 2003 was acquired by Johnson & Johnson in January 2024.. Ambrx has raised $345.9 million across 6 funding rounds from investors including Fidelity Investments, Johnson & Johnson and Merck. The company has 79 employees as of December 31, 2022. Ambrx offers products and services including ARX788, ARX517, and ARX305. Ambrx operates in a competitive market with competitors including Jazz Pharmaceuticals, Denali Therapeutics, C4 Therapeutics, Erasca and Revolution Medicines, among others.

  • Headquarter San Diego, United States
  • Employees 79 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ambrx, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $7.4 M
    -1
    as on Dec 31, 2022
  • Net Profit
    $-78 M
    -15
    as on Dec 31, 2022
  • EBITDA
    $-76.4 M
    -19
    as on Dec 31, 2022
  • Total Equity Funding
    $345.9 M (USD)

    in 6 rounds

  • Latest Funding Round
    $200 M (USD), Series E

    Nov 09, 2020

  • Investors
  • Employee Count
    79

    as on Dec 31, 2022

  • Acquired by
    Johnson & Johnson

    & 1 more

    (Jan 08, 2024)

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Products & Services of Ambrx

Ambrx offers a comprehensive portfolio of products and services, including ARX788, ARX517, and ARX305. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Targets cancer with stable, site-specific conjugation for effective treatment

Focuses on advanced prostate cancer through enhanced protein engineering

Develops conjugates for potential oncology applications in clinical settings

People of Ambrx
Headcount 50-200
Employee Profiles 22
Board Members and Advisors 6
Employee Profiles
People
Mark Janis
Vice President, Corporate Controller
People
Douglas Pierce
Vice President, SEC Reporting And Technical Accounting
People
Sandra Aung
Chief Clinical Officer
People
Thuy le
Associate Director Of Clinical Operations

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Board Members and Advisors
people
Mike Moyer
Advisor

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Funding Insights of Ambrx

Ambrx has successfully raised a total of $345.9M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $200 million completed in November 2020. 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 6
  • Last Round Series E — $200.0M
  • First Round

    (01 Oct 2003)

  • Investors Count 20
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Series E - Ambrx Valuation Fidelity Investments
Aug, 2016 Amount Series E - Ambrx Valuation Apricot Capital
Mar, 2009 Amount Series D - Ambrx Valuation Merck
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 Ambrx

Ambrx has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Johnson & Johnson and Merck. 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
Long-term private equity investments in transformational opportunities are pursued.
Founded Year Domain Location
Late-stage life sciences investments are managed via VC and PE.
Founded Year Domain Location
-
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 Ambrx

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 - Ambrx

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

Ambrx Comparisons

Employees
+
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Competitors of Ambrx

Ambrx 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 Jazz Pharmaceuticals, Denali Therapeutics, C4 Therapeutics, Erasca and Revolution Medicines, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
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Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
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Small-molecule drugs for cancer treatment are developed via Degronimid platform.
domain founded_year HQ Location
Small molecule therapeutics for cancer treatment are developed.
domain founded_year HQ Location
Cancer therapies are developed using selective pathway inhibitors.
domain founded_year HQ Location
MicroRNA-based therapeutics are developed for treating multiple diseases.
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 Ambrx

Frequently Asked Questions about Ambrx

When was Ambrx founded?

Ambrx was founded in 2003.

Where is Ambrx located?

Ambrx is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is Ambrx a funded company?

Ambrx is a funded company, having raised a total of $345.9M across 6 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Oct 01, 2003.

How many employees does Ambrx have?

As of Dec 31, 2022, the latest employee count at Ambrx is 79.

What is the annual revenue of Ambrx?

Annual revenue of Ambrx is $7.4M as on Dec 31, 2022.

What does Ambrx do?

Developer of Antibody-drug conjugates to treat cancers, metabolic disorders, and cardiovascular disorders. The company has developed Engineered Precision Biologics (EPBs) by using proprietary genetic code technology to produce antibody-drug conjugates (ADCs) and immuno-oncology conjugates (IOCs) for treating cancers. The product pipeline includes ARX788 an anti-HER2 ADC currently being studied in breast cancer, gastric cancer, and other solid tumors, ARX517 for prostate cancer, and more. They have developed immuno-oncology conjugates for NASH, heart failure, and prostate cancer.

Who are the top competitors of Ambrx?

Ambrx's top competitors include Jazz Pharmaceuticals, C4 Therapeutics and Erasca.

What products or services does Ambrx offer?

Ambrx offers ARX788, ARX517, and ARX305.

Who are Ambrx's investors?

Ambrx has 23 investors. Key investors include Fidelity Investments, Johnson & Johnson, Merck, WuXi AppTec, and BlackRock.

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