Akston Biosciences Corp

BEVERLY, MA · CIK 0001776612 · Biotech · Private

Protein therapeutics for veterinary medicine

akstonbio.com →
Grants
$4.1M
5 awards
Sector median: 1
Raised
$17M
5 Form D · Apr 2022
54 months since last filing
Contracts
—
No federal contracts on record
Patents
40
25 granted · 15 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantDepartment of Health and Human Services · Phase I · Selective Removal of Insulin-Specific B-cells to Prevent Type I Diabetes in NOD Mice$249,821
Federal grantDepartment of Health and Human Services · Phase II · Selective Depletion of Insulin-Specific B cells to Prevent Type 1 Diabetes$998,123
Federal grantDepartment of Health and Human Services · Phase II · Selective Depletion of Insulin-Specific B cells to Prevent Type 1 Diabetes$998,998
Private capital raisedForm D · SEC$2,532,500
Federal grantDepartment of Health and Human Services · Phase II · IND-enabling assay validation and toxicology studies on AKS-107: a novel antigen-specific B cell therapeutic to prevent Type 1 Diabetes$978,643
Private capital raisedForm D · SEC$5,101,514
Federal grantDepartment of Health and Human Services · Phase II · IND-enabling assay validation and toxicology studies on AKS-107: a novel antigen-specific B cell therapeutic to prevent Type 1 Diabetes$923,642
Private capital raisedForm D · SEC$3,388,591
Private capital raisedForm D · SEC$1,000,029
Private capital raisedForm D · SEC$5,162,723
Federal grant · SBIR/STTRForm D · SEC

Peer position

Biotech · 4373 companies · ranked on federal contract value
Biotech companies ranked by federal contract value
#CompanyContractsDisclosed equity
3370SPERAGEN, INC.——
3371SERVA ENERGY, INC.—$7.1M
3372SwanBio Therapeutics——
3373Akston Biosciences Corp—$17M
3374Aqualung Therapeutics Corp.—$3.1M
3375Concerto Biosciences, Inc.—$16M
3376UNCO THERAPEUTICS LLC——

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 5 related persons
  • Lovick CannonDirector
  • Robyn DavisDirector
  • James HerrimanExecutive Officer
  • Thomas LancasterDirector · Executive Officer
  • Todd ZionDirector · Executive Officer

Patents

USPTO · 25 granted of 40

Regulatory activity · Biotech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.