Tech Company Financing Transactions
Ethris Funding Round
On 6/18/2024, Ethris raised $5 million in financing from Bill & Melinda Gates Foundation.
Transaction Overview
Company Name
Announced On
6/18/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to rapidly reach Phase 2 readiness and build out the CMC manufacturing process for the next clinical trial.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Semmelweisstr. 3
Planegg, 82152
Germany
Planegg, 82152
Germany
Phone
Website
Email Address
Overview
Based in Planegg just outside Munich, Germany, Ethris was founded by Dr. Carsten Rudolph and Prof. Christian Plank to establish messenger RNA (mRNA) as a new drug modality. As an mRNA pioneer, we are applying our unique, proprietary SNIM® RNA platform and our proprietary lipidoid nanoparticle (LNP) formulation and delivery platform to provide highly versatile, multi-route, multi-cargo delivery options that drive a range of drug candidates through proof-of-concept and into the clinic.
Management Team
Title
Name
Email & Social
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