Inceptor Bio announces $37M in Series A funding
Inceptor Bio, a biotechnology company advancing cell therapies for difficult-to-treat cancers, today announced the closing of a $37 million Series A financing led by Kineticos Ventures.
They have big goals for this funding, including their plans to:
- Advance their CAR-T lead program to a Phase I clinical trial
- Continue development of CAR-M
- Continue development of CAR-NK
- Complete construction of their Advanced Manufacturing Platform (AMP+) facility – a state-of-the-art cell and gene therapy GMP manufacturing site – in Gainesville, Florida.
Inceptor Bio’s CAR-T, CAR-M, and CAR-NK platforms are the center of their diversified portfolio of cell therapies. These therapies are focused on novel mechanisms to enhance cell performance in the tumor microenvironment. Novel technologies include a co-stimulatory domain M83, proprietary TMax manufacturing process, the K62 platform, which increases the phagocytic capabilities of macrophages and supports a M1 anti-tumor phenotype, and a differentiated iPSC technology.
Advancing thest technologies will require the expansion of their team as they work to onboard additional scientists and engineers to improve treatment options.
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