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Venture Capital News: TRIANA Biomedicines Launches With $110M

2022-04-06
BOSTON, MA, TRIANA Biomedicines announced their launch with $110 million in total funding.
TRIANA Biomedicines announced their launch with $110 million in total funding. Triana was originally seeded by RA Capital Management and Atlas Venture. This Series A is co-led by Lightspeed Venture Partners and the company's seed investors. Pfizer Ventures, Surveyor Capital (a Citadel company) and Logos Capital also participate in this round.

Triana's platform aims to generate products that stabilize pre-existing or create de novo interactions between two proteins and alter the fate or functionality of the disease target. Molecular glues may allow for the pursuit of highly disease-relevant targets long considered undruggable or inadequately addressed by traditional drug discovery approaches.
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