How Much Did Outpace Bio Raise?
Funding & Key Investors

Outpace Bio, a Seattle-based leader in the biotechnology sector, has successfully secured a major strategic investment, bringing its cumulative capital infusion to $174M. This latest financing round, totaling $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 cell and gene therapies, aiming to overcome the persistent efficacy barriers that have historically hindered anticancer T cell treatments.

The company's growth trajectory, marked by a transition from its initial Series A foundation to a robust Series B scaling phase, reflects a broader trend of institutional interest in high-precision medical engineering. With this fresh injection of capital, Outpace Bio is well-equipped to accelerate its research and development pipeline, moving closer to clinical-stage validation of its smart cell therapy platforms.

What is Outpace Bio?

Outpace Bio
Business ServicesResearch & Development

Outpace Bio operates at the intersection of synthetic biology and oncology, focusing on the development of smart cell therapies. The company utilizes sophisticated protein design to engineer T cells that are more resilient, specific, and effective within the complex microenvironment of solid tumors. By addressing the fundamental limitations of current cell therapy modalities, Outpace Bio is carving out a significant niche in the competitive landscape of personalized medicine. Their platform is designed to enhance the therapeutic index of existing treatments, offering a scalable solution to some of the most challenging problems in modern immunology and cancer research.

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, Lyell Immunopharma, WRF Capital, Artis Ventures Management Iii, Abstract Ventures, Sahsen Ventures, and Playground

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

Key Investors in Outpace Bio

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.

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 guide strategy.

Qatar Investment Authority

Qatar Investment Authority is the sovereign wealth fund of the State of Qatar, managing global financial assets to diversify the national economy and support long-term strategic development.

What's next for Outpace Bio?

With the successful closure of its latest funding round, Outpace Bio is poised to transition from a research-heavy entity into a more mature clinical-stage organization. The strategic focus will likely shift toward the expansion of its internal pipeline and the potential for collaborative partnerships to validate its protein design technologies in human trials. As the company scales, it will continue to leverage its deep expertise in synthetic biology to refine its therapeutic candidates, aiming to deliver curative outcomes for patients with solid tumors. The ongoing support from a diverse syndicate of global investors provides the necessary runway to navigate the rigorous regulatory and clinical milestones ahead, solidifying the company's role as a pivotal player in the future of precision oncology.

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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 WRF Capital. 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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