Granite Bio

Granite Bio

Zug, Switzerland· Est.
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Private Company

Total funding raised: $119.2M

Overview

Granite Bio is a private, pre-revenue biotech developing novel antibody therapies for inflammatory, autoimmune, and fibrotic diseases. Its lead asset, GRT-001, is a Phase 1b 'innate Rituximab' targeting pro-inflammatory monocytes, while GRT-002 is a preclinical anti-IL-3 program. The company is backed by top-tier venture capital firms and led by a team with deep industry experience in immunology and drug development.

InflammationAutoimmunityFibrosis

Technology Platform

Platform for developing first-in-class therapeutic antibodies that selectively deplete pathogenic immune cells via ADCC/ADCP, informed by proprietary patient profiling to identify novel disease biology nodes.

Funding History

3
Total raised:$119.2M
Venture$100M
Series A$15M
Seed$4.2M

Opportunities

The company is targeting large, underserved markets in chronic inflammation and fibrosis with first-in-class mechanisms.
Positive Phase 1b data for GRT-001 could validate its platform and attract partnership or acquisition interest.
Its strong investor syndicate provides strategic support and potential future funding avenues.

Risk Factors

High clinical risk as novel mechanisms must prove safe and effective in patients.
Intense competition in immunology from larger, well-resourced companies.
Dependency on future financing rounds to advance its pipeline through costly clinical trials.

Competitive Landscape

Granite Bio competes in the crowded immunology and fibrosis space against large pharma (e.g., AbbVie, Johnson & Johnson, Roche) and numerous biotechs. Its differentiation lies in targeting novel biology nodes (e.g., pro-inflammatory monocytes, IL-3) with cell-depleting antibodies, a mechanism less explored in inflammation compared to cytokine blockade.