Terrestrial Bio, Inc.

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Terrestrial Bio, Inc. - overview

Established

2012

Location

Woburn, MA, US

Primary Industry

Pharmaceuticals

About

Founded in 2012 by Kathryn Kosuda (CSO) and Livio Valenti, and based in Massachusetts, US, Vaxess Technologies, Inc. is a life science company that develops technologies based on a silk biopolymer platform for the delivery of vaccines and therapeutics.  In March 2026, Terrestrial Bio, Inc. raised USD 50 million in series C funding led by RA Capital Management, with participation from Engine Ventures, Global Health Investment Advisors, and SiteGround.


As of 2024, the company is being led by its CEO, Rachel Sha.   Vaxess Technologies Inc. is developing advanced delivery systems for vaccines and therapeutics using its MIMIX™ platform, which employs silk fibroin biomaterials. This technology enables needle-free, refrigeration-free administration, allowing self-administration at home or in low-resource settings.


The MIMIX™ patch uses a microarray of bioactive tips to gradually release medications after application.   The company will use the March 2026 funding to expand manufacturing capabilities, establish a new headquarters in Boston, and advance clinical trials and commercialization of its lead GLP‑1 program.


Current Investors

Bill & Melinda Gates Foundation, The National Science Foundation, Mission Biocapital

Primary Industry

Pharmaceuticals

Sub Industries

Therapeutic Devices, Pharmaceutical Research & Development, Biomaterials

Website

www.terrestrialbio.com

Verticals

Manufacturing

Company Stage

Series C

Total Amount Raised

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