CrossBridge Bio

Houston, United States Founded: 2023 • Age: 3 yrs Acquired By Lilly
Antibody-Drug Conjugate therapeutics are developed using stable dual-linker technology.
Annual revenue - Latest available
Total funding $10.0M 1 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About CrossBridge Bio

CrossBridge Bio is a company based in Houston (United States) founded in 2023 was acquired by Lilly in April 2026. CrossBridge Bio has raised $10 million across 1 funding round from investors including Lilly, TMC Venture Fund and CE Ventures. CrossBridge Bio offers products and services including ADC Technology Platform, EGCit Linker, and Enzymatic Conjugation. CrossBridge Bio operates in a competitive market with competitors including Moderna, BeiGene, Incyte, MorphoSys and Dren Bio, among others.

  • Headquarter Houston, United States
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Seed

    Nov 04, 2024

  • Investors
    Lilly

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    Lilly

    (Apr 14, 2026)

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Products & Services of CrossBridge Bio

CrossBridge Bio offers a comprehensive portfolio of products and services, including ADC Technology Platform, EGCit Linker, and Enzymatic Conjugation.

Product name locked
Category locked
Primary

Platform for creating stable Antibody-Drug Conjugates to target cancer cells effectively.

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Enzymatically cleavable linker enhancing ADC stability and targeted payload release.

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Technique for precise integration of multi-arm linkers in ADC production.

Funding Insights of CrossBridge Bio

CrossBridge Bio has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in November 2024. 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.

Investors in CrossBridge Bio

CrossBridge Bio has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Lilly, TMC Venture Fund and CE Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage Life-Sciences & Offline focused VC firm funding companies in the US
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Stage-agnostic tech-focused VC firm investing in geographies such as Israel and China
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Portal Innovations is engaged in funding life sciences startups.
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Investor details for CrossBridge Bio

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Investments & Acquisitions by CrossBridge Bio

Investments
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Investment portfolio details for CrossBridge Bio

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Financial Statements - CrossBridge Bio

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Detailed financials for CrossBridge Bio

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Crossbridge Bio Comparisons

CrossBridge Bio Primary company
Description
Antibody-Drug Conjugate therapeutics are developed using sta...
Location
Houston, United States
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CrossBridge Bio

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Competitors of CrossBridge Bio

CrossBridge Bio 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 Moderna, BeiGene, Incyte, MorphoSys and Dren Bio, among others.

Company Name Domain Founded year HQ Location Description
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mRNA-based therapeutics for diseases including cancer and infections are developed.
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Targeted and immune-oncology drugs for cancer treatment are developed.
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Small molecules are developed for cancer and skin disease treatments.
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Therapeutic antibodies for cancer and other diseases are developed.
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Therapeutic antibodies are developed for cancer, autoimmune, and serious diseases.
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Developer of antibodies to treat complement-mediated neurodegenerative diseases
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Detailed competitors of CrossBridge Bio

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Latest news on Crossbridge Bio

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Frequently Asked Questions about CrossBridge Bio

CrossBridge Bio was founded in 2023 and raised its 1st funding round 1 year after it was founded.

CrossBridge Bio is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

CrossBridge Bio is a funded company, having raised a total of $10M across 1 funding round to date.

CrossBridge Bio was founded in 2023 and is headquartered in Houston, United States. Antibody-Drug Conjugate therapeutics are developed within the biotechnology sector, with operations centered on a stable dual-linker payload technology. This technology supports various candidates, including the lead CB-120, which targets cancer treatment. Focus is placed on oncology applications through research and therapeutic development.

CrossBridge Bio's top competitors include Moderna, BeiGene and Regeneron Pharmaceuticals.

CrossBridge Bio offers ADC Technology Platform, EGCit Linker, and Enzymatic Conjugation.

CrossBridge Bio has 7 investors. Key investors include Lilly, TMC Venture Fund, CE Ventures, Crescent Enterprises, and Portal Innovations.

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