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The Venture Codex

BlackMars Capital

Nassaustrasse 28, Hofheim am Taunus, Hessen, 65719, Germany

Overview

BlackMars Capital is a German investment firm that provides capital to fast-growing technology companies.

Total investments
3
Lead investments
2
Investments · 12mo
0
Active investors
1

Sector focus

  • Funding Platform
  • Impact Investing
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Investment portfolio

  • Odyssey Therapeutics

    Participated · Series C · Dec 2023

    Odyssey Therapeutics is a clinical-stage biopharmaceutical company developing medicines designed to precisely target disease pathology in autoimmune and inflammatory diseases. Since its founding in 2021, the company has built comprehensive drug discovery and development capabilities and advanced an internally discovered program through multiple clinical milestones. Odyssey has nominated multiple development candidates and established collaborations with pharmaceutical leaders and biotech innovators. Its portfolio includes internally discovered clinical and preclinical candidates intended to induce deep and durable remission across several inflammatory diseases with unmet need. The company plans to advance these programs toward important clinical milestones and translate scientific efforts into patient benefit. Odyssey recently completed a major financing to support progression of its clinical pipeline. Odyssey Therapeutics has built a discovery and development platform that merges computational and experimental technologies to identify modality-agnostic drug targets with high clinical potential. From its Boston headquarters, the company has advanced multiple programs from ideation to a portfolio of high-value product candidates within about two years of founding in late 2021. Odyssey is focused on bringing immunology and oncology therapeutics into clinical development, with several molecules that could enter the clinic in the next 12 months. Proceeds from financing will support advancement of multiple programs into clinical studies and continued investment in discovery to build a sustainable model for therapeutic innovation. The company emphasizes a capital-efficient model and aims to deliver safe and effective precision medicines to patients with serious diseases. Leadership includes founder and CEO Gary D. Glick, Ph.D., and an experienced board guiding clinical and company-building strategy. Odyssey Therapeutics, based in Boston, raised $168M in a Series B funding round led by General Catalyst. The round included participation from Fidelity Management & Research Company, T. Rowe Price Associates, GreatPoint Ventures, Catalio Capital Management, Walleye Capital, Alexandria Venture Investments, The Healthcare Innovation Investment Fund LLC, OrbiMed, SR One, Foresite Capital, Logos Capital, Woodline Partners LP, HBM Healthcare Investments, Colt Ventures and Creacion Ventures. The company intends to use the funds to advance its portfolio of precision immunomodulators and oncology medicines. Its immunology and oncology portfolio encompasses eight declared programs initially focused on small molecule and protein therapeutics. Odyssey is building a discovery engine that integrates artificial intelligence and machine learning for molecular design, a chemistry platform encompassing proprietary covalent libraries targeting multiple amino acids, molecular glues and natural products, and a functional genomics platform for novel target discovery. Gary D. Glick, Ph.D. is Founder and Chief Executive Officer. Odyssey Therapeutics develops next-generation precision immunomodulators and oncology medicines using a discovery platform that combines target biology, medicinal and structural chemistry, physics-based molecular simulations, and AI/machine learning. The company was founded by Gary D. Glick, Ph.D., and is led by a team with a track record that includes helping bring more than 20 drugs to market. Odyssey intends to advance multiple pipeline programs and expand its discovery platform to broaden the druggable genome. Financially, the company completed a large Series A financing (see deal details). Odyssey is headquartered in Boston, with labs there, and is expanding its team to more than 90 scientists and staff. The company emphasizes selecting targets and therapeutic modalities aimed at maximizing clinical impact.

  • Circus Group

    Led · Equity · Jul 2023

    Circus Kitchens is described in the article with industry tags including ecommerce, food industry, manufacturing, marketplace and mobile. The piece does not detail specific products, services, or business model beyond those sector labels. On 18 July 2023 the company completed a €5.5M equity financing. The round is listed at €5.5M (about $5.96M) and involved BlackMars Capital and 2bx. The article includes no operating metrics, revenue figures, founding year, location, or described future plans. Circus operates a network of micro-kitchen hubs and an in-house driver infrastructure to provide on-demand food delivery. The company aims to offer a more sustainable, convenient and affordable alternative to incumbent delivery platforms. Users order via an app, meals are cooked in the hubs and delivered — over 100 different dishes starting from €3 are already available to Hamburg customers. Circus was founded in 2021 by Carsten Wille, Nikolas Bullwinkel, Helge Plehn and Fabio Haebel. The founding team brings experience from startups such as etepetete, Flink and Medicamendo and includes a restaurateur. With new funding, Circus plans to expand across Germany and enter other major German cities by the end of 2023.

Team