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Elicio Therapeutics Secures a Total of $73 Million in Series B Financing

Feb 17, 2021•over 4 years ago

Amount Raised

$73 Million

Round Type

series b

Cambridge

Description

Elicio Therapeutics, a private biotechnology company developing a pipeline of potent immunotherapies based on its proprietary lymph node targeting technology, announced the successful completion of Series B financing bringing the total funds raised in the current round to $73 million. Elicio funding has been established from an international investor base, including multiple strategic and institutional investors.

Company Information

Company

Eli 002

Location

Cambridge, Maryland, United States

About

Elicio Therapeutics is advancing the Amphiphile technology across immunotherapy platforms to defeat cancers and infectious diseases. By combining expertise in materials science and immunology, with years of immunotherapy research, Elicio is engineering potent Amphiphile immunotherapies that precisely target and fully engage the lymph nodes, the site in our bodies where the immune response is orchestrated. Elicio is engineering lymph node targeted cell therapy activators, immunomodulators, adjuvants and vaccines for an array of aggressive cancers and infectious diseases. Elicio’s lead Amphiphile vaccine, ELI-002, targeting KRAS-driven cancers will begin initial patient studies in solid tumor patients in the first quarter of 2021. The Amphiphile platform emerged from laboratories of Darrell Irvine, Howard Hughes Investigator and Professor of Biomedical Engineering in the Koch Institute of Integrative Cancer Research at MIT. For more information, please visit https://elicio.com.

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