Baiteng Zhao, Founder of ProfoundBio

About Baiteng Zhao

Baiteng Zhao is the co-founder, CEO, and board chair of ProfoundBio, a clinical-stage biotechnology company focused on developing novel antibody-drug conjugate (ADC) therapeutics for cancer patients. ProfoundBio has raised over $250 million, including a recent $112 million Series B round, to support its pipeline of ADCs. Before co-founding ProfoundBio, Zhao was an associate director at Seagen, an ADC pioneer later acquired by Pfizer.

Baiteng Zhao at a glance

• Company: ProfoundBio
• Total raised: $250M
• Latest round: Series B
• Investors: Ally Bridge Group, Nextech Invest, T. Rowe Price, Janus Henderson Investors, RA Capital Management, OrbiMed
• Location: Seattle, United States

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