Elicio Therapeutics

Elicio Therapeutics

Transforming the lives of patients and their families by re-engineering the body’s immune response to cancer. Learn more

Launch date
Employees
Market cap
€41.0m
Enterprise valuation
€44m (Public information from Sep 2024)
Cambridge Massachusetts (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
EBITDA(12.2m)(15.5m)(25.2m)(23.3m)(34.2m)
Profit(12.3m)(15.7m)(26.4m)(28.2m)(35.2m)
R&D budget9.5m12.7m17.9m18.1m23.8m
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DateInvestorsAmountRound
N/A

$3.3m

Early VC
N/A

$750k

Early VC
N/A

N/A

Debt
N/A

$30.0m

Early VC
*

$33.0m

Series B
N/A

$8.4m

Early VC
N/A

N/A

Early VC
N/A

$40.0m

Series B
N/A

$2.0m

Debt
*
N/A

$37.0m

Series C
*
N/A

$2.8m

Grant
*

$10.0m

Post IPO Debt
N/A

N/A

IPO
*

$2.6m

Grant
*

$7.0m

Private Placement VC
*
N/A

N/A

Post IPO Equity
*

$20.0m

Post IPO Convertible
Total Funding€150m

Recent News about Elicio Therapeutics

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More about Elicio Therapeuticsinfo icon
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Elicio Therapeutics is a clinical-stage biotechnology company focused on developing innovative cancer immunotherapies. The company leverages the natural power of the lymph nodes to enhance the immune system's response against tumors. Elicio's targeted delivery approach aims to generate robust immune responses by activating and amplifying cancer-fighting T cells, potentially enabling patients to combat aggressive cancers more effectively. The company operates in the immuno-oncology market, serving patients battling various forms of cancer. Elicio's business model revolves around the research, development, and clinical trials of its proprietary therapies, with revenue generated through partnerships, grants, and future commercialization of successful treatments. The company's mission is to revolutionize cancer treatment by providing patients with the best possible outcomes through cutting-edge immunotherapy solutions.

Keywords: immunotherapy, lymph nodes, cancer treatment, T cells, biotechnology, clinical-stage, oncology, immune response, tumor targeting, cancer immunotherapies.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Elicio Therapeutics

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Angion Biomedica
ACQUISITION by Elicio Therapeutics Jan 2023