Exciting news from the team at Immuto Scientific! We just closed an $8M financing round and launched a drug discovery collaboration with Daiichi Sankyo US. At Immuto, we’re tackling one of the toughest challenges in drug discovery — finding truly novel, disease-specific targets. Using our AI-enabled structural surfaceomics platform, we uncover hidden protein structures that open the door to new therapies with greater precision and selectivity. With this support, we’re advancing our oncology pipeline, expanding into immunology and inflammation, and most importantly — working to bring life-changing therapies to patients. An exciting future path lies ahead as we push the boundaries of what’s possible in target discovery and drug development. Grateful to our amazing team, partners, and investors who share this vision. #DrugDiscovery #Oncology #Biotech #Immunology #AIinBiotech #ADCs #CancerResearch #Innovation #Startups #LifeChangingTherapies
We’re proud to share two major announcements. Immuto Scientific closed a new $8M financing round and launched a drug discovery collaboration with Daiichi Sankyo US to identify novel cancer-specific targets and develop new antibody-based therapies. The greatest challenge in drug discovery today is not a lack of modalities — it’s the shortage of truly novel, disease-specific targets. At Immuto Scientific, we are redefining target discovery with our AI-enabled structural surfaceomics platform, revealing cell-surface protein conformations invisible to conventional omics tools. These hidden structures open new therapeutic opportunities with exceptional precision and selectivity. With this new investment and alongside our partners, we’re propelling our internal oncology pipeline toward IND-enabling studies, expanding into immunology and inflammation and advancing our industry leading AI platform- built to unlock unprecedented insights into disease biology and reveal entirely new therapeutic targets. The financing was led by DYDX Capital with participation from new investors Gravity Fund and NVNG Investment Advisors, LLC and existing investors Great Oaks Venture Capital, WARF Ventures, among others. Read the release for more: https://lnkd.in/guKzprnN Learn more at www.immutotherapeutics.com #drugdiscovery #oncology #cancer #structuralsurfaceomics #targetdiscovery #ADCs #biotech #financing
Director of Business Development, Biospecimens Products and Services
3wCongratulations!