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Lycia Therapeutics

3 viewers · 30d

Total raised

$75.0M

+$75.0M this year

1 filing since 2026 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $75.0M
ROUNDS
1
INVESTORS
16
FOUNDED
N/A
HQ
South San Francisco, CA
SECTOR
Biotech
EMPLOYEES
N/A
30D VIEWERS
3

AI overview

Updated

Lycia Therapeutics is a South San Francisco biotechnology company developing targeted protein degradation therapeutics aimed at the extracellular proteome. Its LYTAC (lysosomal targeting chimera) platform is built on research from Nobel laureate Carolyn Bertozzi and works by binding a disease-causing secreted or transmembrane protein and trafficking it into the cell for lysosomal degradation. The company is advancing programs in autoimmune, allergic and inflammatory disease and raised a $106.6 million Series C in May 2024 led by Venrock Healthcare Capital Partners.

What sets it apart

Most protein degraders act only on intracellular targets; Lycia's LYTAC and CataLYTAC modalities reach the extracellular proteome — secreted proteins and cell-surface receptors, including pathogenic autoantibodies — that has been largely undruggable by degradation approaches.

Funding history

1 round
EquityJun 10, 2026
Form D
+$75.0M$75.0M total

Latest SEC filings

via EDGAR · CIK 0001806540
Form D · Jun 10, 2026NewView on EDGAR

Products

1 tracked

LYTAC platform

Drug discovery platform

A lysosomal-targeting-chimera drug discovery platform that generates bifunctional molecules which bind an extracellular target protein and shuttle it into the lysosome for degradation, plus a catalytic variant the company calls CataLYTAC.

  • Degrades extracellular and transmembrane proteins rather than merely inhibiting them
  • CataLYTAC catalytic degrader modality
  • Antigen-specific autoantibody degradation for autoimmune disease
  • Founded on lysosomal targeting chemistry from the Bertozzi lab