Breaking
$90M Series C closed April 2025, led by Deep Track Capital ATTO-1310 anti-IL-31 program enters Phase 1 for chronic itch ATTO-3712 IL-13 x IL-31 bispecific - Phase 1 planned H2 2025 ATTOBODY platform: target to lead in 4-5 months ~$255M raised across three rounds since 2023 $90M Series C closed April 2025, led by Deep Track Capital ATTO-1310 anti-IL-31 program enters Phase 1 for chronic itch ATTO-3712 IL-13 x IL-31 bispecific - Phase 1 planned H2 2025 ATTOBODY platform: target to lead in 4-5 months ~$255M raised across three rounds since 2023
Company Profile  /  Biotechnology  /  San Carlos, CA
Attovia Therapeutics logo

Attovia
Therapeutics

The clinical-stage biotech trying to give one molecule the job of many - building multispecific nanobody medicines for immune-mediated disease.

Founded 2023 Series C ~53 Employees Immune-Mediated Disease

ATTOVIA THERAPEUTICS, San Carlos, California - a company named after "atto," the metric prefix for 10⁻¹⁴, a nod to the ultra-high binding affinity its platform is engineered to reach.

The Dispatch

A biotech rethinking how drugs hold on

Most biologic medicines are built to do one thing well: block a single pathway, hit a single target, and hope that is enough. For a large share of patients with immune-mediated diseases - the chronic itch that keeps them awake, the inflamed skin that never fully clears - one pathway is not enough. Attovia Therapeutics, a San Carlos, California company that launched in 2023, was founded on that gap. Its wager is that the next generation of biologics will need to engage several disease mechanisms at once, and that the way to get there is to change something fundamental: how a drug binds its target.

At the center of the company sits the ATTOBODY platform, a modular protein-design engine that produces small-format, biparatopic nanobodies - antibody fragments engineered to grip a target in two places at once. That dual grip, the company argues, yields binders with low picomolar affinity, sharper specificity, tunable half-life and faster tissue penetration than conventional antibodies. It also makes them easy to snap together into multispecific medicines, the kind that can address more than one pathway inside a single molecule.

$255M
Total Raised
2
Clinical Programs
4-5
Months Target to Lead
2023
Year Founded
What It Does

One platform, many targets

The Work

Multispecific biologics

Attovia designs precision biologics that engage multiple disease mechanisms simultaneously, aiming to move past the limits of single-pathway treatments for immune-mediated conditions.

Who It Serves

Undertreated patients

The eventual beneficiaries are patients with chronic pruritus, atopic dermatitis, chronic spontaneous urticaria, prurigo nodularis and related inflammatory disease - people often left short by existing therapies.

The Problem

Single-pathway ceilings

Many immune-mediated diseases are driven by several signals at once. Blocking just one leaves symptoms behind. Attovia's answer is to combine mechanisms inside one engineered molecule.

The Expertise

Inside the ATTOBODY platform

Biparatopic binding is the technical heart of the company. In plain terms: grab a target in two places, hold on tighter, and you can build smaller, more selective medicines - including against notoriously hard targets like G protein-coupled receptors, which make up roughly a third of approved drugs yet remain largely undruggable.

Engineering brief

  • Low picomolar binding affinity
  • Small-format nanobody scaffold
  • Biparatopic - two grips on one target
  • Tunable, extendable half-life
  • Fast tissue penetration
  • Modular assembly into multispecifics
  • Supports payload and conjugate formats

The platform's second selling point is speed. Chief executive Tao Fu has described a discovery cycle that runs "from target identification to actually getting a potential lead" in a four-to-five month window - fast by the standards of an industry that often measures the same step in years.

That combination - precise binding plus a quick, repeatable design loop - is what lets a small company build a pipeline of first-in-class candidates rather than betting everything on a single asset. The name itself reinforces the point: "atto" is the metric prefix for 10⁻¹⁴, a deliberate signal about the scale of affinity the company is chasing.

Products & Pipeline

The candidates in the clinic

ProgramTargetLead IndicationsStage
ATTO-1310 Anti-IL-31, half-life extended Chronic pruritus of unknown origin (CPUO) and other pruritic conditions Phase 1
ATTO-3712 IL-13 x IL-31 bispecific, half-life extended Atopic dermatitis, chronic spontaneous urticaria, prurigo nodularis, inflammatory skin disease Phase 1 planned H2 2025
ATTOBODY Platform Modular biparatopic nanobody engine Immune-mediated disease incl. inflammatory bowel disease and beyond Discovery / Expansion

Both lead programs point at the same clinical territory - the itch and inflammation of immune-mediated skin disease - but from different angles. ATTO-1310 is a focused anti-IL-31 biologic built for fast-acting relief of chronic itch. ATTO-3712 folds two targets, IL-13 and IL-31, into a single bispecific aimed at atopic dermatitis and adjacent conditions, designed for convenient dosing.

We now have a multi-year runway to advance our programs expeditiously, expand our pipeline judiciously, and pursue potential partnerships.
- Tao Fu, Co-Founder & CEO, on the April 2025 Series C
The Landscape

Where Attovia fits

How it differs

Attovia is part of a wider revival of small-format nanobody drugs, a class that competitors have already pushed toward clinical validation. Its differentiation is less about the format alone and more about the biparatopic design and the pace of its discovery loop - the claim that it can generate high-affinity, multispecific candidates quickly and repeatedly, then extend their half-life for practical dosing.

The market it plays in

The company enters a crowded and lucrative immunology and dermatology market anchored by blockbuster antibodies for atopic dermatitis and a growing field of anti-IL-31 itch therapies. Rivals and reference points span large players and other nanobody developers. Attovia's bet is that multispecific precision, delivered fast, can carve out best-in-disease positions rather than compete head-on as a follower.

Business & Funding

Roughly $255M in under two years

Attovia runs the classic platform-biotech model: build a proprietary pipeline, fund it with venture and crossover capital, and drive candidates toward approval or partnership. Its investor syndicate has grown round by round.

Series A · 2023
$60M
Series B · 2024
~$105M
Series C · 2025
$90M

The $90M Series C, announced 15 April 2025, was led by Deep Track Capital with new investors Vida Ventures, Sanofi Ventures and Mirae Asset Capital Life Science, alongside existing backers Frazier Life Sciences, venBio, Goldman Sachs Alternatives, Nextech Ventures, Cormorant Asset Management, EcoR1 Capital, Marshall Wace and Illumina Ventures. The proceeds are earmarked to carry ATTO-1310 and ATTO-3712 through clinical proof-of-concept.

The People

Founders & leadership

CEO & Co-Founder

Tao Fu

25+ years of pharma and biotech leadership across Zai Lab, Portola, Bristol-Myers Squibb and Johnson & Johnson before founding Attovia.

CSO & Co-Founder

Petter Veiby

Leads R&D strategy with 25+ years in drug discovery, early development and business-development search and evaluation.

CTO & Co-Founder

Hangjun Zhan, Ph.D.

Protein biochemist and inventor with nearly 30 years in the field and more than 75 published patents.

The founding group also includes Chief Business Officer and co-founder Zaneta Odrowaz, Ph.D., and co-founder and director Yuling Luo, Ph.D. Attovia was incubated out of Alamar Biosciences and Frazier Life Sciences before spinning out as an independent company.

The Record

Two years, three rounds

2023

Launch with $60M Series A

Attovia spins out of Alamar Biosciences and Frazier Life Sciences to develop biparatopic nanobody medicines.

2024

Series B and pipeline build-out

The ATTOBODY platform matures and the company nominates lead programs ATTO-1310 and ATTO-3712.

2025

$90M Series C and clinical push

A Deep Track-led round funds clinical proof-of-concept; ATTO-3712 Phase 1 is planned for the second half of the year.

Frequently Asked

The basics

What does Attovia Therapeutics do?

It develops first-in-class multispecific biologics for immune-mediated diseases using its proprietary ATTOBODY nanobody platform, starting with programs for chronic itch and atopic dermatitis.

What is the ATTOBODY platform?

A modular protein-design platform that generates small-format, biparatopic nanobody binders with picomolar affinity, tunable half-life and fast tissue penetration, enabling one molecule to engage multiple targets.

What are Attovia's lead drug candidates?

ATTO-1310, an anti-IL-31 biologic for chronic pruritus, and ATTO-3712, an IL-13 x IL-31 bispecific for atopic dermatitis and related inflammatory skin conditions.

How much funding has Attovia raised?

Approximately $255M in total, including a $60M Series A in 2023 and a $90M Series C closed in April 2025 led by Deep Track Capital.

Where is Attovia based and who leads it?

It is headquartered in San Carlos, California, and co-founded and led by CEO Tao Fu alongside co-founders Petter Veiby, Hangjun Zhan and others.

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Note: Series B amount is approximate; figures compiled from public press releases and reporting. Where a detail could not be confirmed, it has been omitted.