Immuto raises $8M, partners with Daiichi Sankyo US

View profile for Hetal Marble, Ph.D.

CBO, Immuto Scientific - Target Discovery and Rationally-Designed Therapeutics

I am thrilled to announce several critical milestones for Immuto: an oversubscribed, $8M fundraise, the realization of our target discovery and drug development platform, and an exciting collaboration with our valued colleagues at Daiichi Sankyo US. We're pleased to have this announcement covered by Boston Business Journal (https://lnkd.in/eCewZ-DP) and FirstWord Pharma (https://lnkd.in/eMENUXCz) Stepping into this next chapter for Immuto Scientific is about doing drug discovery differently. Armed with support from our visionary investors, we are leveraging our AI-enabled structural surfaceomics platform to find the hidden conformations of surface proteins that exist only in disease. By targeting these unique structures, we can develop therapies with unmatched precision. Additionally, working alongside our colleagues at Daiichi Sankyo US, we’re building strong momentum for what’s ahead. So proud to be a member of this team and I’m so excited for everyone to see what we do next.

View organization page for Immuto Scientific

1,409 followers

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

Tim Membrino

Program Management | PMO Leadership | Product Development

4w

Amazing! Congratulations Hetal on all the progress at Immuto! Keep crushing it!

Congratulations, Hetal and Faraz! Impressive work on the partnerships and funding.

Steph Breunig, SHRM-SCP

Business Partner | HR Consultant | Culture Champion | People Strategist | Firm Operations | Educator | Helping CEOs Build Thriving Workplaces

4w

love to continue to see success for all of you superstars at Immuto!

Nidhi Nath

Life sciences R&D executive bringing scientific depth and operational discipline to deliver on business goals

4w

Amazing accomplishment and a lot goes to your hard work. Congratulations

Scott Kozak

Life Sciences Consultant, License & Business Development Professional

4w

Congratulations! Very exciting for you and the company. Wishing you continued success!

Christian Giddens

Director of Sales at Carterra

4w

Awesome, congrats!

Jessica Rossol-Allison

Helping scientists do great science

4w

Congratulations, Hetal! This is fantastic!!

Nick Mitropoulos

Chief Commercial Officer at Sampled

4w

Congrats Hetal

Meghan Ferzoco

Senior Director of Sales at Opentrons | Sales Leadership and Strategy

4w

Congrats, Hetal Marble, Ph.D. And team! 👏

Jacob Justus

Alliance, Program, & Portfolio Management | Partner Strategy | Compliance, Contract, & Risk Management | Strategic Deals & Licensing | Partner & Stakeholder Management | Biologics & Small Molecules | Agile & Six Sigma

4w

Congratulations Hetal, to you and your team!

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