/Companies

Abalone Bio

YC W20

San Francisco, US · Founded 2018 · 14 employees · 11 known investors

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Abalone Bio develops target-activating antibodies for difficult-to-drug disease targets by combining engineered biology with machine learning. The company uses large-scale biological measurement platforms and AI-powered sequence analysis to discover functional antibody drugs for pharmaceutical and biotechnology applications.

Also known as Inc

Founders & leadership· Y Combinator alumni (W20)

Abalone Bio was founded in 2018 by Richard Yu and Gustavo Pesce.

RYRichard Yu
Richard YuCo-founder and CEORichard Yu holds a PhD in Molecular Biophysics and Biochemistry from Yale and a BA in Biophysics and Computer Science from UC Berkeley. He co-founded GPB, an algae biofuel company, served as Scientific and Operations Director at MBC Biolabs biotech incubator in San Francisco, was a Principal at Mission Bay Capital life science venture fund, and previously conducted research at The Molecular Sciences Institute on cellular information processing.
GPGustavo Pesce
Gustavo PesceFounderuntil 2021

Investors · 11

Related companies · 7

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Companies working in the same space as Abalone Bio.

Non-dilutive funding · 8 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2022$2M
National Institutes of Health (NIH)National Institutes of HealthPhase I2022$292.9K
National Institutes of Health (NIH)National Institutes of HealthPhase II2021$2M
National Institutes of Health (NIH)National Institutes of HealthPhase I2021$300.2K
National Institutes of Health (NIH)National Institutes of HealthPhase I2020$349K
National Science FoundationPhase II2019$750K
National Institutes of Health (NIH)National Institutes of HealthPhase I2019$300K
National Science FoundationPhase I2018$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Legal entities · 1

corporate structure
Abalone Bio, Inc

Frequently asked questions

What does Abalone Bio do?
Abalone Bio develops target-activating antibodies for difficult-to-drug disease targets by combining engineered biology with machine learning. The company uses large-scale biological measurement platforms and AI-powered sequence analysis to discover functional antibody drugs for pharmaceutical and biotechnology applications.
Who founded Abalone Bio?
Abalone Bio was founded by Richard Yu, Gustavo Pesce in 2018.
Who are Abalone Bio's investors?
Abalone Bio's investors include Freemind Investments, Gaingels, Gravity, Harmonix Fund, Horizons Ventures, Jude Gomila, Metaplanet, Pioneer and 3 more.
Where is Abalone Bio headquartered?
Abalone Bio is headquartered in San Francisco, US.