How Much Did Code Bio Raise?
Funding & Key Investors

Code Bio, a Philadelphia-based biotechnology firm, has successfully secured significant capital to advance its proprietary non-viral gene delivery platform. With a total historical backing of $85M, the company continues to attract high-profile institutional interest, most recently closing a major strategic investment of $75M. This influx of resources underscores the market's confidence in the firm's ability to address complex genetic mutations through titratable and potentially re-dosable therapeutic solutions.

The company's growth trajectory, marked by a transition from early-stage development to a more robust scaling phase, highlights its pivotal role in the evolving landscape of genetic medicine. By leveraging these funds, Code Bio is positioned to accelerate its research and development pipeline, targeting debilitating diseases that have historically lacked effective treatment options.

What is Code Bio?

Code Bio
ManufacturingPharmaceuticalsBusiness Services

Founded in 2020, Code Bio is a pioneer in the field of genetic medicine, specifically focusing on the development of novel non-viral gene delivery systems. The company's core technology is designed to overcome the limitations of traditional viral vectors, offering a more flexible and scalable approach to gene therapy. By enabling the treatment of diseases characterized by large gene mutations, Code Bio is carving out a unique niche in the biotech sector. Their platform is engineered to be both titratable and re-dosable, providing clinicians with greater control over therapeutic outcomes and expanding the potential patient population for life-altering genetic interventions.

How much funding has Code Bio raised?

Code Bio has raised a total of $85M across 2 funding rounds:

2021

Angel/Seed

$10M

2022

Series A

$75M

Angel/Seed (2021): $10M with participation from CureDuchenne, JDRF T1D Fund, New Enterprise Associates, 4BIO Capital, Takeda Pharmaceutical, and UPMC

Series A (2022): $75M led by New Enterprise Associates, Northpond Ventures, UPMC, UCB Ventures, 4BIO Capital, Hatteras Venture Partners, JDRF T1D Fund, CureDuchenne Ventures, Amgen Business Development, and Takeda Pharmaceutical Company

Key Investors in Code Bio

New Enterprise Associates

Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.

4BIO Capital

4BIO Capital is a London-based venture capital firm specializing in life sciences investments, with a focus on advanced therapies including gene and cell therapy.

JDRF T1D Fund

The T1D Fund is a scaled venture impact fund dedicated to accelerating treatments, prevention, and cures for the 9 million people living with Type 1 Diabetes.

What's next for Code Bio?

With the recent infusion of capital, Code Bio is set to transition into a critical phase of clinical validation and operational expansion. The strategic focus will likely center on advancing lead candidates through preclinical milestones and preparing for initial human trials. Given the participation of major pharmaceutical players and specialized venture impact funds, the company is well-positioned to leverage external expertise in regulatory strategy and manufacturing scale-up. As the firm matures, the emphasis will shift toward establishing long-term partnerships that can facilitate the commercialization of its gene therapy platform, ultimately aiming to redefine the standard of care for patients suffering from rare and debilitating genetic conditions.

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Frequently Asked Questions Regarding Code Bio Financial Insights

What are the most recent funding rounds that Code Bio has completed, and what were the funding rounds?
Code Bio has recently completed 2 funding rounds: Series A on Jun 7, 2022, Angel/Seed on Apr 20, 2021.
What is the total amount of funding Code Bio has raised to date?
Code Bio has raised a total of $85M in funding to date.
How many funding rounds has Code Bio completed?
Code Bio has completed 2 funding rounds.
How much funding did Code Bio raise in its most recent funding round?
Code Bio raised $75M in its most recent funding round.
Who are the lead investors in Code Bio's latest funding round?
The lead investor in Code Bio's latest funding round was New Enterprise Associates. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Code Bio's history?
The largest funding round in Code Bio's history was $75M.
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