/Companies

Proxima Bio

Melbourne, AU · 3 known investors

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Proxima Bio is an early-stage biotechnology company developing protein degradation technology to target previously undruggable proteins for treatment of autoimmune conditions and cancers. The company is spun out of WEHI (Walter and Eliza Hall Institute) and based in Melbourne, Australia.

Founders & leadership

J
JaseCo-founder
J
JonCo-founder
JM
John McFarlandExecutive
ZC
Zachary CarpenterNamed on SEC filing

Board

JPJason Pontin
Jason PontinBoard directorGeneral Partner at DCVC (Data Collective)
AG
Alex GasnerBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$91.5M disclosed across 1 of 2 rounds · 2024–2026

▶$91.5MraisedJun 2026 · 11 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason PontinDirector
  • Zachary CarpenterExecutive Officer, Director
  • Alex GasnerDirector
  • John McFarlandExecutive Officer
Offering amount
$91.5M
Amount sold
$91.5M
Minimum investment
$1
First sale
Jan 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Proxima Bio went on to found or lead other companies.

Frequently asked questions

What does Proxima Bio do?
Proxima Bio is an early-stage biotechnology company developing protein degradation technology to target previously undruggable proteins for treatment of autoimmune conditions and cancers. The company is spun out of WEHI (Walter and Eliza Hall Institute) and based in Melbourne, Australia.
Who founded Proxima Bio?
Proxima Bio was founded by Jase, Jon.
Who are Proxima Bio's investors?
Proxima Bio's investors include Tenmile, Tin Alley Ventures, DCVC (Data Collective).
How much funding has Proxima Bio raised?
Proxima Bio has disclosed $91.5M raised across 1 of its 2 known rounds.
Where is Proxima Bio headquartered?
Proxima Bio is headquartered in Melbourne, AU.