Enara Bio raises $32.5 million Series B financing to advance first-in-class pipeline of TCR-based immunotherapies targeting novel Dark Antigens®

New investors Pfizer Ventures and M Ventures co-led the financing, with participation from all existing investors including RA Capital, Samsara BioCapital and SV Health Investors Enara Bio's EDAPT® platform is pioneering the discovery of Dark Antigens® – a novel class of shared cancer antigens – and fuelling a pipeline of TCR-based immunotherapies that can unlock the transformational benefit of immunotherapy for more solid tumor patients New financing allows Enara to rapidly advance these first-in-class therapies towards the clinic Oxford, United Kingdom – October 3, 2024. Enara Bio today announces the closing of a $32.5 million Series B financing supported by a strong syndicate of new and existing biotech investors. The round was co-led by new investors, Pfizer Ventures and M Ventures, with participation from all existing investors including RA Capital, Samsara BioCapital and SV Health Investors. The Francis Crick Institute is also joining the round as a new investor. Enara Bio will use the proceeds to advance its pipeline of TCR-based immunotherapies against novel and differentiated Dark Antigen targets for solid tumors. "We are delighted to have the backing of these sophisticated investors as we strive to develop novel immunotherapies that can provide durable clinical benefit for broad populations of cancer patients," said Kevin Pojasek, Ph.D., President & Chief Executive Officer of Enara Bio. "Earlier this year, our EDAPT platform received strong external validation when Boehringer Ingelheim decided to exercise its option to license multiple Dark Antigens to develop off-the-shelf immunotherapies for lung cancer. The fundraise we are announcing today, led by two new strategic investors, reflects the quality of our science and further underlines not only the groundbreaking potential of Dark Antigens, but also our internal pipeline of first-in-class immunotherapies." In connection with the financing, Enara Bio's Board of Directors has been strengthened by the appointments of Rana Al-Hallaq, Partner at Pfizer Ventures, and Bauke Anninga, Investment Director at ...