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Windward Bio

Active#9 in Switzerland

Estimated valuation · Respiratory antibodies · Switzerland

Develops long-acting antibodies against TSLP for asthma and chronic obstructive pulmonary disease, with a lead candidate in mid-to-late-stage trials and a bispecific in phase 1.

Founded2024
HQBasel
RaisedUSD 365M
Last roundCrossover · May 2026
LicenceLead asset WIN378 in-licensed from Kelun-Biotech / Harbour BioMed group
Country of originSwitzerlandListed in the Switzerland ranking
Where would you invest?SwitzerlandJurisdiction as cited by the ranking

Estimated valuation

AI · Switzerland ranking
≈ USD 850MUSD 680M–1.1bn · Hundreds of M$
Anchor
Last known equity round: Crossover · USD 165M · May 2026
AI adjustment
None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →
RankingTierRankEditionNext update
Switzerland · all sectorsTop 50#9Edition 0 · October 202611 Nov 2026
Rank historyOct 2026 · #9First edition: no movements yet.

Funding history

USD 365M raised in total
DateRoundAmountTypeInvestors
May 2026CrossoverUSD 160MEquityOrbiMed, RA Capital, Janus Henderson, Sanofi Ventures, Harbour BioMed

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Windward Bio as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $850MUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.