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Immuno-oncology firm Elicio launches, raises $30mm in first round

Executive Summary

Elicio Therapeutics announced its launch and $30mm in Series A funding from undisclosed investors. The company is developing cancer vaccines based on MIT's Amphiphile platform, which allows for the targeting and delivery of immunogens to the lymphatic system. Elicio's lead programs are for pancreatic, colorectal, and head and neck cancers, and are slated to enter clinical trials in 2020. The company also has earlier stage projects including vaccines, adjuvants, cell therapy vaccines, and immuno-stimulatory therapies.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
  • Pharmaceuticals
    • Vaccines
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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