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Amydis

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A pharmaceutical company focused on developing innovative chemistry to detect diseases that involve the presence of amyloid proteins

San Diego, United StatesFounded 2013Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Amydis

Amydis is a clinical-stage biotechnology company focused on developing a novel class of diagnostic agents for the early detection of neurodegenerative and other diseases. Founded in 2013 by Dr. Stella Sarraf, the company is pioneering the use of the eye as a non-invasive window to the brain and body. Dr. Sarraf, who holds a PhD in organic chemistry and has an extensive background in venture capital and the pharmaceutical industry at companies like Merck, was motivated by the clinical need for better early-stage diagnostic tools for complex diseases.

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The core of Amydis's business is the development of proprietary, patent-protected small molecule fluorescent tracers. These tracers are designed to be administered to a patient and then bind to specific misfolded protein deposits, or biomarkers, in the retina and other ocular tissues. These biomarkers, such as amyloid-beta, alpha-synuclein, and TDP-43, are hallmarks of various debilitating conditions including Alzheimer's disease, Parkinson's disease, glaucoma, and Amyotrophic Lateral Sclerosis (ALS). Once bound, the tracers generate a signal that can be detected and quantified using standard imaging cameras commonly found in eye care practices.

This approach offers a significant advantage over current diagnostic methods, which are often invasive, expensive, or only effective at later stages of disease. By enabling detection at the molecular level, potentially before clinical symptoms arise, Amydis aims to accelerate diagnosis, facilitate the development of new therapies, and allow for earlier, more effective patient intervention. The company is targeting a broad market, from neurologists and specialists to primary eye care providers, who could integrate this screening into routine exams. The business model appears to be centered on obtaining regulatory approval for its diagnostic platform, which would then be utilized by healthcare professionals and pharmaceutical companies conducting clinical trials. The company has successfully raised capital through venture funding and has been awarded significant grants from the National Institutes of Health (NIH) and The Michael J. Fox Foundation to advance its clinical programs.

Amydis is actively conducting human clinical trials for its tracers. For instance, its candidate AMDX-2011P is in Phase 2 trials for detecting amyloid-beta in glaucoma patients and has received FDA guidance for development as a diagnostic for cerebral amyloid angiopathy (CAA). The company is also creating a multi-omics data warehouse, combining its unique ocular biomarker data with genomics and blood biomarkers to power AI-driven insights for precision medicine. This positions Amydis not just as a diagnostics developer, but as a data-driven health insights company aiming to transform patient outcomes in ophthalmology, neurology, and cardiology.

Source: Dealroom company data

At a glance

Founded
2013
Headquarters
San Diego, United States
Sector
Biotech & Life Sciences

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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • National Institutes of Health
  • Michael J. Fox Foundation for Parkinson's Research
  • National Institute on Aging
  • National Institute of Neurological Disorders and Stroke
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

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Workforce by country
2 countries with
team presence
🇺🇸 United States88.9%
🇮🇳 India11.1%
2 countries shown

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