Tech Company Financing Transactions
Alentis Therapeutics Funding Round
Alentis Therapeutics, based in Allschwil, secured $181.4 million from Jeito Capital, Novo Holdings and OrbiMed.
Transaction Overview
Company Name
Announced On
11/12/2024
Transaction Type
Venture Equity
Amount
$181,400,000
Round
Series D
Investors
Proceeds Purpose
Alentis will use the money to advance a pipeline of medicines targeting Claudin-1 (CLDN1). Claudin-1 is a protein that plays a role in several diseases, with Alentis chasing treatment for CLDN1-positive tumors and organ fibrosis.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Hegenheimermattweg 167A
Allschwil, 4123
CH
Allschwil, 4123
CH
Phone
Undisclosed
Website
Email Address
Overview
Alentis Therapeutics is a clinical-stage biopharmaceutical company developing breakthrough treatments for cancer and fibrotic diseases. Claudin-1 (CLDN1) is a member of the tight junction proteins family. During disease pathogenesis, CLDN1 expression is up-regulated and exposed outside of the tight junction. Exposed, non--tight junctional, CLDN1 drives carcinogenic and fibrogenic signaling in different organs.
Management Team
Title
Name
Email & Social
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