Institute for Protein Design

The Institute for Protein Design is a research institute at the University of Washington focused on protein design within the...

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University of Washington School of Medicine
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Biotechnology, Biopharma, Drug discovery, Protein engineering

Pacific Northwest Life Sciences Update: Talus Bioscience Raises $9.75M, Kineta Merges with Yumanity, UW’s David Baker Launches Charm Therapeutics

Recent Pacific Northwest life sciences news includes Talus Bioscience raising $9.75 million, Kineta going public via merger with Yumanity, and UW's David Baker launching Charm Therapeutics. Key partnerships involve TwinStrand and Singular Genomics developing rare gene variant tests, and Umoja Biopharma partnering with TreeFrog Therapeutics for stem cell therapies.

David Baker Launches London Biotech Charm Therapeutics with $50M Series A to Advance Deep Learning Drug Discovery

David Baker, leader of the University of Washington Institute for Protein Design, co-founded London-based Charm Therapeutics, which uses deep learning to discover new small molecule therapeutics, and recently secured $50 million in Series A funding. The company's DragonFold platform predicts protein-small molecule interactions to aid drug discovery in cancer and other diseases.

Five Finalists for 2022 GeekWire Health Innovation of the Year Include A-Alpha Bio and UW Institute for Protein Design

The 2022 GeekWire Health Innovation of the Year finalists include A-Alpha Bio, Parse Biosciences, Tasso, Truveta, and the University of Washington’s Institute for Protein Design, highlighting advances in computational health approaches. Winners will be announced on May 12 at the GeekWire Awards, with community voting open until April 22.

Andreessen Horowitz, Madrona and other tech VCs ramp up bets on AI-driven biotech startups as founders from software enter life sciences

Tech venture capital firms like Andreessen Horowitz and Seattle’s Madrona Venture Group are increasingly investing in life-science startups that use AI, machine learning and data science to speed drug discovery and development. Investors are following founders who transitioned from software to biotech—such as Sujal Patel of Nautilus and Terry Myerson of Truveta—seeing reduced perceived risk and new opportunity at this intersection.

Cyrus Biotechnology raises $18M and acquires Orthogonal Biologics, adding COVID-19 decoy therapeutic and deep mutational scanning platform

Seattle protein engineering company Cyrus Biotechnology raised $18 million and acquired Orthogonal Biologics, adding a deep mutational scanning platform and two protein therapeutics including a potential COVID-19 decoy. Cyrus leverages University of Washington IPD tools (Rosetta, RoseTTAfold) and has partnerships including a deal with Selecta Biosciences worth up to $1.5 billion.

Cyrus Biotechnology signs protein-engineering deal with Selecta Biosciences worth up to $1.5 billion to develop IL-2/ImmTOR immune therapy

Seattle-based Cyrus Biotechnology struck a protein-engineering collaboration with Boston’s Selecta Biosciences to engineer IL-2 combined with Selecta’s ImmTOR, a deal that could pay Cyrus up to $1.5 billion if milestones are met. Cyrus will use its software and lab testing to enhance IL-2 stability and function, adding to its existing partnerships and commercial sales of Cyrus Bench.

A-Alpha Bio raises $20M Series A led by Madrona to expand Seattle lab and scale protein-discovery platform

University of Washington spinout A-Alpha Bio raised $20 million in Series A funding led by Madrona Venture Group to expand downtown Seattle lab space and grow its machine-learning team for its protein-discovery platform. The company combines computational tools and yeast-based experiments to generate large protein-interaction datasets used to predict therapeutic protein candidates for diseases including COVID-19.

Icosavax, UW IPD Spinout, Raises $100M Series B to Advance Computer-Designed Virus‑Like Particle Vaccines

Seattle biotech Icosavax, a University of Washington Institute for Protein Design spinout, raised $100 million in a Series B to develop computer-designed, virus-like particle vaccines including programs for COVID-19, RSV, and hMPV. The company, backed by investors led by RA Capital and supported by a $10 million Gates Foundation grant, has 17 employees and cites strong preclinical immune responses.

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