Tech Company Financing Transactions
Allox Funding Round
On 10/29/2026, Allox raised $10.5 million in Seed funding from Asabys Partners, CDTI and Institut Català de Finances.
Transaction Overview
Company Name
Announced On
10/29/2026
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to scale and expand its platform capabilities, develop proprietary AI models, strengthen its internal drug discovery team, advance multiple drug discovery programs, and enable strategic research collaborations.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
C/ Baldiri Reixac, 4-12 i 15 (Torre R)
Barcelona, 08028
Spain
Barcelona, 08028
Spain
Phone
Undisclosed
Website
Email Address
Overview
ALLOX is a spin-off of the Centre for Genomic Regulation (CRG) and draws on the expertise and technology developed in the lab of Ben Lehner. The company was born out of the realisation that combining systematic mutagenesis, high-throughput phenotyping and biophysical modelling has the potential to revolutionise drug development but also transform biotechnology in general. We are currently incubating in the beautiful beachfront setting of the Barcelona Biomedical Research Park (PRBB), and our immediate goal is to identify allosteric switches in all proteins and then leverage this unprecedented resource to rapidly develop novel medicines to treat human diseases. Our long-term vision is to become a leader in programmable biology, building the next generation of tools to predict, design and engineer new protein functions.
Management Team
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