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BioWorld - Monday, March 23, 2026
Home » Topics » Private » Seed

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Laigo extends seed round as targeted protein degradation field gathers pace

March 23, 2026
By Nuala Moran
No Comments
Laigo Bio BV has extended its seed round to €17 million (US$19.8 million), after making progress with translating its novel E3 ubiquitin ligase targeted protein degradation technology toward the clinic.
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Cancer

Excalipoint closes $68.7M seed round for cancer T-cell engagers

March 19, 2026
By Marian (YoonJee) Chu
No Comments
Excalipoint Therapeutics Inc. launched with an oversubscribed $68.7 million seed financing round to advance a portfolio of T-cell engagers for solid tumors, marking one of the largest early stage financings in China biotech history.
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Newco news

Excalipoint closes $68.7M seed round for cancer T-cell engagers

March 18, 2026
By Marian (YoonJee) Chu
No Comments
Excalipoint Therapeutics Inc. launched with an oversubscribed $68.7 million seed financing round to advance a portfolio of T-cell engagers for solid tumors, marking one of the largest early stage financings in China biotech history.
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Immune

Enodia jumps ahead in Sec61 targeting, adds Kezar’s program

March 17, 2026
By Brian Orelli
No Comments
Enodia Therapeutics Inc. was spun out of The Institut Pasteur by Argobio Studio based on the work of Caroline Demangel, co-founder of Enodia and head of the immunobiology and therapy unit at The Institut Pasteur. Demangel’s lab discovered the mechanism of action of mycolactone, a natural Sec61 inhibitor that causes Buruli ulcers.
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Newco news

Enodia jumps ahead in Sec61 targeting, adds Kezar’s program

March 16, 2026
By Brian Orelli
No Comments
Enodia Therapeutics Inc. was spun out of The Institut Pasteur by Argobio Studio based on the work of Caroline Demangel, co-founder of Enodia and head of the immunobiology and therapy unit at The Institut Pasteur. Demangel’s lab discovered the mechanism of action of mycolactone, a natural Sec61 inhibitor that causes Buruli ulcers.
Read More
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Ocular

Financing at Gelmedix supports GMX-101 for geographic atrophy

Feb. 18, 2026
No Comments
Gelmedix Inc. has completed a $13 million seed financing to support progression of the company’s lead program, GMX-101, a retinal pigment epithelial (RPE) cell therapy to treat late-stage geographic atrophy.
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Cancer

ALTx formed to drug pathway by which cancer cells become immortal

Feb. 6, 2026
By Nuala Moran
No Comments
Newco ALTx Therapeutics Ltd. has launched with a £12.55 million (US$17.1 million) seed round to develop inhibitors of the alternative lengthening of telomeres (ALT) pathway, by which 10% to 15% of cancers become immortal.
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Chromosome with shortened telomeres
Newco news

ALTx formed to drug pathway by which cancer cells become immortal

Feb. 5, 2026
By Nuala Moran
No Comments
Newco ALTx Therapeutics Ltd. has launched with a £12.55 million (US$17.1 million) seed round to develop inhibitors of the alternative lengthening of telomeres (ALT) pathway, by which 10% to 15% of cancers become immortal.
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Inflammatory

Seed funding at Enodia for targeted protein degradation platform

Jan. 12, 2026
No Comments
Enodia Therapeutics SAS has raised €20.7 million ($25 million) in seed financing to advance its work developing novel small-molecule therapies for targeted protein degradation at the point of synthesis.
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Shanx Medtech IVD

Shanx secures €15M to accelerate rapid antimicrobial testing

Jan. 7, 2026
By Shani Alexander
Shanx Medtech BV raised €15 million (US$17.5 million) in a seed funding round for its in vitro diagnostic platform for ultra-rapid antimicrobial susceptibility testing. The financing came from a range of sources including equity, grants and a loan, and will be used to accelerate the development, clinical validation, regulatory approval, and commercial launch of the diagnostic platform.
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