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The archive · Bio & Materials · Financial decision · 2016

Unity Biotechnology raises $116M with Bezos backing to build anti-aging drugs

Anti-aging startup Unity Biotechnology bet clearing senescent cells could become a drug pipeline; its $116M Series B, backed by Bezos, arrived in October 2016.

Unity Biotechnology

The betThat clearing senescent cells could treat age-related disease, and that repurposed oncology drug candidates made it a standard pipeline blue-chip backers would fund.Building

What the business is

Unity Biotechnology develops drugs that clear senescent cells — aging cells linked to chronic disease — by repurposing apoptosis-inducing drug candidates from cancer research into a standard drug-development pipeline.

Starting capital$116M Series B announced around 2016-10-27, with backing Bloomberg credited to Jeff Bezos.

How it started

By late 2016 Unity Biotechnology was, in the description of a detailed commenter on its own funding thread, arguably the most mainstream of the startups targeting the clearance of senescent cells as a rejuvenation therapy — a company characterized by high-profile relationships with noted laboratories, venture groups and big names in the field. The approach rested on research going back decades: senescent cells accumulate with age and, even at about one percent of a tissue, secrete signals that disrupt structure and behavior, while remaining few enough to clear without major disruption.

What happened

The company's $116M Series B financing was announced around 2016-10-27, timed with its latest published research on senescent cells in atherosclerosis pathology, a pattern one commenter approvingly noted. Bloomberg's coverage credited the round with backing from Jeff Bezos. The discussion framed Unity as following the standard playbook for a hot drug company — repurposing apoptosis-inducing drug candidates to clear senescent cells — while skeptics argued that senescent cells are an evolved anti-cancer mechanism, so clearing them could trade aging for cancer, and that investors might really be betting on a cancer-adjacent market rather than rejuvenation.

No ending yet — it is still running.

Background

On 2016-10-27 Bloomberg reported that an anti-aging startup had raised $116 million with backing from Jeff Bezos, and the report's URL named Fidelity alongside him. The company was Unity Biotechnology, which announced the raise as a $116 million Series B financing. The story drew 208 points and 243 comments on Hacker News that day, where much of the discussion turned on whether aging could be treated as a disease at all.

Unity's bet was that aging could be attacked as a normal drug-development problem. As detailed in the discussion around its press release, the company was the most mainstream of the startups trying to clear senescent cells — aged cells that accumulate and disrupt tissue — and it planned a standard pipeline that repurposed apoptosis-inducing drug candidates from cancer research. A quoted company position shared in the thread held that success meant people living free of a variety of chronic diseases, not people living to 150 years.

The round was timed with the company's latest research on senescent cells in atherosclerosis pathology, and supporters read it as a landmark for rejuvenation funding. Skeptics argued that clearing senescent cells could trade aging for cancer, and that investors might really be wagering on a cancer-adjacent market. The sources record no therapy in the clinic yet.

What has to be true

  • Unity treated aging like any other indication, using a standard biotech pipeline of repurposed oncology drugs instead of a fountain-of-youth pitch.
  • The science had momentum in 2016: senescent-cell clearance had shown life-extension and tissue-repair data in mice, cited in the funding thread.
  • A $116M Series B with Bezos backing told the market that credible investors would fund rejuvenation science, not just supplements.
  • Skeptics framed the tradeoff: senescent cells are an evolved anti-cancer mechanism, so the same bet could be read as a cancer bet in disguise.

What can be applied

An unproven field can raise like a proven one when packaged as an ordinary drug developer — Unity's repurposed pipeline let blue-chip backers put $116M behind senescent-cell science.

Aftermath

As of 2016-10-27, the date this entry's sources cover, Unity Biotechnology had just announced the $116M Series B and was in the building stage of a standard drug-development pipeline: repurposing apoptosis-inducing drug candidates to clear senescent cells, with published atherosclerosis research accompanying the raise. The sources record no clinical product and no later milestones for the company.

Sources

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