How Much Did Outpace Bio Raise?
Funding & Key Investors

Outpace Bio, a Seattle-based biotechnology innovator, has successfully secured a major strategic investment, bringing its total capital accumulation to $174M. This latest infusion of $144M underscores the market's confidence in the company's proprietary approach to synthetic biology. By leveraging advanced protein design, Outpace Bio is positioning itself at the forefront of the next generation of anticancer T-cell therapies, effectively addressing the durability and efficacy challenges that have historically hindered the cell and gene therapy sector.

What is Outpace Bio?

Outpace Bio
Business ServicesResearch & Development

Operating at the intersection of synthetic biology and oncology, Outpace Bio is dedicated to engineering smarter cell therapies. The company utilizes a sophisticated platform to redesign proteins, enabling T-cells to better navigate the complex tumor microenvironment. This technical capability allows for more precise, potent, and persistent therapeutic interventions. As a key player in the biotech ecosystem, Outpace Bio is moving beyond traditional immunotherapy limitations, aiming to provide curative solutions for patients suffering from hematologic malignancies and solid tumors. Their market position is bolstered by a robust intellectual property portfolio and a clear focus on solving the biological bottlenecks that currently limit the scalability of personalized medicine.

How much funding has Outpace Bio raised?

Outpace Bio has raised a total of $174M across 2 funding rounds:

2021

Series A

$30M

2024

Series B

$144M

Series A (2021): $30M with participation from Mubadala, Civilization Ventures, Playground, Artis Ventures Management Iii, Abstract Ventures, Sahsen Ventures, Lyell Immunopharma, and WRF Capital

Series B (2024): $144M led by RA Capital Management, WRF Capital, and Qatar Investment Authority

Key Investors in Outpace Bio

RA Capital Management

RA Capital Management is a multi-stage investment manager focused on evidence-based investing in public and private healthcare and life science companies, utilizing their internal think tank, TechAtlas, to support strategic decision-making.

WRF Capital

Washington Research Foundation (WRF) is a leading early-stage investor focused on transforming innovative ideas into successful businesses in Washington, specializing in life sciences and technology commercialization.

Qatar Investment Authority

Qatar Investment Authority is the sovereign wealth fund of the State of Qatar, managing global financial assets across diverse sectors to support long-term economic development and diversification.

What's next for Outpace Bio?

With the successful closure of its latest financing round, Outpace Bio is well-positioned to accelerate its clinical development pipeline. The strategic capital will likely be deployed to scale manufacturing capabilities and advance its lead candidates through rigorous clinical trials. As the company transitions from a research-heavy entity to a clinical-stage powerhouse, the focus will shift toward validating its synthetic biology platform in human subjects. Investors are closely watching how these engineered immune cells perform in real-world clinical settings, as success here could redefine the standard of care for difficult-to-treat cancers and solidify Outpace Bio's status as a leader in the high-growth cell therapy market.

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Frequently Asked Questions Regarding Outpace Bio Financial Insights

What are the most recent funding rounds that Outpace Bio has completed, and what were the funding rounds?
Outpace Bio has recently completed 2 funding rounds: Series B on Aug 1, 2024, Series A on Mar 31, 2021.
What is the total amount of funding Outpace Bio has raised to date?
Outpace Bio has raised a total of $174M in funding to date.
How many funding rounds has Outpace Bio completed?
Outpace Bio has completed 2 funding rounds.
How much funding did Outpace Bio raise in its most recent funding round?
Outpace Bio raised $144M in its most recent funding round.
Who are the lead investors in Outpace Bio's latest funding round?
The lead investor in Outpace Bio's latest funding round was RA Capital Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Outpace Bio's history?
The largest funding round in Outpace Bio's history was $144M.
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