Cimeio Therapeutics Raises $50M in Series A Funding

Cimeio Therapeutics, a Basel, Switzerland- and Boston, MA-based biotechnology company developing a novel approach to cell therapies, raised $50m in Series A funding.

The round was led by Versant Ventures.

Led by CEO Thomas Fuchs, Cimeio Therapeutics is an applied gene editing, cellular, and immunotherapy company developing a portfolio of Shielded-Cell & Immunotherapy Pairs™ for patients with debilitating and life-threatening diseases. Its proprietary technology platform is based on the discovery of novel protein variants, which when inserted into cells allow them to preserve function while resisting depletion by a precisely paired immunotherapy. This technology has significant therapeutic potential, which Cimeio is using to develop curative treatments for patients with genetic diseases, hematologic malignancies, and severe autoimmune disorders.

The company’s initial focus is on a novel approach to hematopoietic stem cell (HSC) transplants and adoptive cell therapy (ACT) and is advancing its first programs towards clinical development in 2023.

Cimeio emerged from Versant’s Ridgeline Discovery Engine in Basel, Switzerland.

The management includes:

  • Thomas Fuchs, CEO. Mr. Fuchs joined Cimeio from Genentech/Roche where he led its Hematology Franchise and was responsible for the portfolio strategy and life cycle management for the disease area.
  • Stefanie Urlinger, Ph.D., SVP Biology. Dr. Urlinger is a protein engineering expert who has led the discovery of dozens of antibodies during her time at Morphosys and iOmx, and works closely with academic founder Dr. Jeker.
  • Lukas Jeker, M.D., Ph.D., SVP Gene Editing. Dr. Jeker is a world leader in the field of applied genome editing and Professor of Experimental Transplantation Immunology & Nephrology at the University of Basel. Earlier in his career he conducted research in the lab of Jeff Bluestone at the University of California San Francisco as a post-doc and later an Assistant Adjunct Professor.
  • Daniel Stark, Ph.D., Chief Manufacturing Officer. Dr. Stark formerly was head of Manufacturing Science and Technology (MSAT) at Novartis Cell & Gene Therapies, where he oversaw CMC for Kymriah and Novartis’ pipeline of cellular therapies.
  • Thomas Winkler, M.D., CMO. Dr. Winkler is a physician-scientist who spent 11 years conducting basic and clinical research related to various benign and malignant hematological diseases, stem cell biology, and regenerative medicine at the National Institute of Health in Bethesda, MD, and later led early stage and pivotal studies at Agios and AstraZeneca.
  • Tristan Imbert, CFO. Mr. Imbert previously was Senior Vice President and CFO of Novartis Gene Therapies, where he oversaw the scale up and commercialization of Zolgensma.

FinSMEs

18/04/2022