Basking Biosciences
Cary, US · Founded 2019 · Delaware corporation · 21 employees on LinkedIn · 10 known investors
Basking Biosciences develops therapeutics for thrombosis, vascular biology, and ischemic disease. The company focuses on stroke and cardiovascular applications.
Also known as Basking Biosciences, Inc.
Founders & leadership
Basking Biosciences was founded in 2019 by Shahid Nimjee and Bruce Sullenger.

Board



Investors · 10
Also in the syndicate · 4
Reported raises · per SEC filings
Form D private placements$56.9M disclosed across 2 of 4 rounds · 2020–2024
▶$55MraisedOct 2025 · 11 investors · BiotechnologyRule 506(b)
- Hannah ChangDirector
- Julia OwensExecutive Officer, Director, Promoter
- Aiden AcevesDirector
- David AdairDirector
- Steve GillisDirector
- Ari NowacekDirector
- Shahid NimjeeDirector
- Thomas NeedhamDirector
- Offering amount
- $55M
- Amount sold
- $55M
- First sale
- Oct 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.9MraisedSep 2020 · 6 investors · BiotechnologyRule 506(b)
- Ryan HelonDirector
- Thomas NeedhamDirector
- Dan MyersDirector
- Richard SheaExecutive Officer, Director, Promoter
- Shahid NimjeeDirector
- Bruce SullengerDirector
- Offering amount
- $7M
- Amount sold
- $1.9M
- First sale
- Aug 2020
- Incorporated
- Corporation, North Carolina, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Basking Biosciences is a clinical-stage biopharmaceutical company developing therapies for acute thrombotic conditions. Its lead candidate, BB-031, is an RNA aptamer that inhibits von Willebrand Factor (vWF), a mediator of clot initiation, growth and stabilization, and is engineered for rapid onset and short duration of effect. BB-031 is paired with BB-025, a direct-acting reversal oligonucleotide designed to rapidly and durably neutralize BB-031's pharmacological activity. The company positions the pair as a way to broaden the population of patients eligible for thrombolytic intervention, since existing therapies have limited effectiveness, safety risks, narrow treatment windows, or require specialized care.
The program originated in translational research on RNA aptamers for cardiovascular disease conducted in the laboratory of Bruce Sullenger at Duke, and is co-founded by Shahid M. Nimjee, a neurosurgeon at The Ohio State University Wexner Medical Center whose laboratory studies anti-vWF aptamers and their antidotes in thromboembolic stroke. BB-031 has also been referred to as DTRI-031, with BB-025 referred to as DTRI-025.
Clinically, the company reported positive Phase 1 safety and dose-escalation results for BB-031 in 2023, dosed the first patients in the Phase 2 RAISE proof-of-concept trial in acute ischemic stroke in September 2024, dosed first patients in Part B of the Phase 2 trial in October 2025, and began first-in-human dosing of BB-025 in November 2025.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 11
launches, deals, and filingsPharmaceutical physician and biotech executive with more than 25 years of clinical development, regulatory and commercialization experience; previously CMO of Pulmocide.
First clinical evaluation of BB-025, the direct-acting reversal agent for BB-031.
Tranche triggered to support the Phase 2b RAISE trial of BB-031 and the planned Phase 1 study of BB-025.
$27.5M source ↗
Announced alongside dosing of first patients in Part B of the Phase 2 RAISE trial and the unlocking of a $27.5 million financing tranche.
Phase 2 clinical trial of the reversible thrombolytic BB-031, an RNA aptamer inhibiting von Willebrand Factor.
Financing to fund the Phase 2 RAISE trial of BB-031 and a Phase 1 program for BB-025. Steven Gillis of ARCH Venture Partners became Chairman of the Board.
$55M source ↗
Presentation of the Phase 2-ready drug candidate.
Phase 1 results reported safety and tolerability with no serious adverse events and dose-dependent inhibition of vWF; company planned a Phase 2 proof-of-concept study in acute ischemic stroke.
Company scheduled three oral presentations and two moderated posters on its drug candidate.
Seed financing to support development of a reversible thrombolytic therapy for acute ischemic stroke.
$5.4M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Basking Biosciencesbaskingbiosciences.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Basking Biosciences do?
- Clinical-stage biopharma developing BB-031, a reversible RNA aptamer targeting von Willebrand Factor for acute ischemic stroke.
- Who founded Basking Biosciences?
- Basking Biosciences was founded by Shahid Nimjee, Bruce Sullenger in 2019.
- Who are Basking Biosciences's investors?
- Basking Biosciences's investors include ARCH Venture Partners, Insight Partners, Broadview Ventures, Solas BioVentures, Rev1 Ventures, RTW Investments L.P..
- How much funding has Basking Biosciences raised?
- Basking Biosciences has disclosed $56.9M raised across 2 of its 4 known rounds.
- Where is Basking Biosciences headquartered?
- Basking Biosciences is headquartered in Cary, US.


