From Auto Exec to Biotech Pioneer: The Story Behind CircNova’s AI Drug Discovery Revolution
A $3.3M Seed Round for Cutting-Edge RNA Therapeutics
Michigan-based biotech startup CircNova has secured $3.3 million in seed funding to advance its groundbreaking AI platform targeting circular RNA - a promising new frontier in treating previously undruggable conditions. The achievement marks a remarkable career pivot for CEO Crystal Brown, who transitioned from automotive manufacturing to biotech entrepreneurship.
Understanding Circular RNA’s Therapeutic Potential
RNA (ribonucleic acid) plays a crucial role in converting genetic information into proteins. Circular RNA represents an exciting new class of these molecules, characterized by their unique circular structure rather than linear strands. These molecules regulate critical biological processes, offering potential therapeutic pathways for:
- Ovarian cancer
- Triple-negative breast cancer
- Neurodegenerative diseases
- Rare genetic disorders
CircNova’s Dual-Pronged Approach
CircNova has developed two key assets:
- NovaEngine: The world’s first AI platform capable of predicting circular RNA structures
- Wet Lab Facilities: Enabling physical molecule production and validation in collaboration with the University of Michigan
“Our proprietary AI allows us to identify, design, and produce novel non-coding circular RNAs,” explains Brown. The technology resembles Google’s DeepMind AlphaFold in its use of deep learning (distinct from large language models) to analyze and generate therapeutic RNA structures.
The Unconventional Founder’s Journey
From Automotive to Biotech
Brown’s path to biotech leadership was anything but conventional:
- Previously climbing the corporate ladder in automotive manufacturing
- Took an 80% pay cut to enter biotech as an “intern-level” employee
- Learned startup fundamentals through hands-on experience
- Eventually helped take a company public before founding her own venture
Lessons From Failure
Brown’s first biotech startup taught her critical lessons:
- Hired too quickly without sustainable growth
- Overextended resources by opening a lab prematurely
- Ultimately shuttered after burning through funding
“I lost everything - my company, my savings, even my house,” Brown recalls. Yet this failure built her reputation in Michigan’s startup community, with VCs expressing willingness to back her next venture.
The Birth of CircNova
Co-founder Joe Deangelo, CircNova’s CSO and former Neochromosome CEO, recognized Brown’s potential. He began sending daily research articles about circular RNA’s therapeutic applications, sparking the idea for their AI-driven approach.
Key milestones:
- Founded May 2023
- Initial $15,000 grant developed core processes
- $25,000 NSF grant led to first patent
- Now splitting operations between Michigan and biotech hub Boston
Investor Confidence in a Resilient Founder
The $3.3 million seed round attracted notable backers:
- Lead Investor: South Loop Ventures (diversity-focused VC)
- Other Participants:
- Union Heritage Ventures
- Michigan Rise
- Invest Detroit
- Kalamazoo Forward Ventures
- SPARK Capital
Nia Batts of Union Heritage Ventures explains the investment rationale: “We recognize the resilience required for entrepreneurship. The moment I met Crystal and heard her vision, I knew we wanted to be involved.”
The Road Ahead
CircNova represents:
- A scientific breakthrough in RNA therapeutics
- A testament to unconventional career pivots
- Proof that failure can fuel greater success
With its unique AI platform and wet lab capabilities, CircNova is positioned to make significant contributions to treating some of medicine’s most challenging conditions.
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