How Much Did Epsilogen Raise?
Funding & Key Investors

Epsilogen, a biopharmaceutical company focused on developing novel antibody therapeutics for cancer, has secured $67.8M in total funding, with its most recent financing round bringing in $57.6M. This major strategic investment underscores the significant progress and potential of Epsilogen's innovative approach to cancer treatment, particularly its pioneering work with pan-isotype antibody therapies.

What is Epsilogen?

Epsilogen
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Epsilogen is at the forefront of developing advanced antibody therapeutics, specializing in pan-isotype antibody treatments for various cancers. The company's unique strategy involves leveraging immunoglobulin IgE, IgA, and IgG-based therapies. Its lead candidate, MOv18 IgE, represents a first-in-class therapeutic IgE antibody currently in clinical trials, targeting folate receptors in patients with platinum-resistant ovarian cancer. Epsilogen's research aims to enhance anti-cancer efficacy by precisely matching antibody isotypes to specific cancer types and exploring synergistic combinations to optimize immune responses. This innovative platform positions Epsilogen as a key player in the evolving landscape of oncology drug development.

How much funding has Epsilogen raised?

Epsilogen has raised a total of $67.8M across 3 funding rounds:

2017

Series A

$6.3M

2020

Other Financing Round

$3.9M

2024

Series B

$57.6M

Series A (2017): $6.3M with participation from Epidarex Capital, Alsa Holdings, and UCL Technology Fund

Other Financing Round (2020): $3.9M led by Epidarex Capital, UCL Technology Fund, and Alsa Holdings

Series B (2024): $57.6M supported by British Patient Capital, 3B Future Health Fund, ALSA Ventures, Caribou Property Management, Novartis Venture Fund, Epidarex Capital, and Schroders Capital

Key Investors in Epsilogen

British Patient Capital

British Patient Capital, part of the British Business Bank, is a government-owned economic bank that supports UK businesses by providing access to finance, including equity investment, to foster growth and innovation.

Novartis Venture Fund

The Novartis Venture Fund is a venture capital arm that invests in innovative life science companies, particularly in biotechnology and biopharmaceutical therapeutics, aiming to address unmet patient needs and drive clinical advancements.

Epidarex Capital

Epidarex Capital is a transatlantic venture capital firm dedicated to building breakthrough life science companies, leveraging deep scientific networks to support founders and co-investors in developing precision medicines.

What's next for Epsilogen?

With the recent major strategic investment, Epsilogen is poised to accelerate the clinical development of its promising pipeline, particularly MOv18 IgE. The substantial capital infusion will likely support further clinical trials, expand research into other cancer indications, and bolster the company's operational capabilities. This funding round, characterized as enterprise-level, suggests a significant scaling phase for Epsilogen, enabling it to advance its therapies towards commercialization and solidify its position in the competitive biopharmaceutical market. The company's focus on novel antibody isotypes and combination therapies indicates a forward-looking strategy to address unmet needs in cancer treatment.

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Frequently Asked Questions Regarding Epsilogen Financial Insights

What are the most recent funding rounds that Epsilogen has completed, and what were the funding rounds?
Epsilogen has recently completed 3 funding rounds: Series B on Sep 9, 2024, Other Financing Round on Apr 20, 2020, Series A on Jun 20, 2017.
What is the total amount of funding Epsilogen has raised to date?
Epsilogen has raised a total of $67.8M in funding to date.
How many funding rounds has Epsilogen completed?
Epsilogen has completed 3 funding rounds.
How much funding did Epsilogen raise in its most recent funding round?
Epsilogen raised $57.6M in its most recent funding round.
Who are the lead investors in Epsilogen's latest funding round?
The lead investor in Epsilogen's latest funding round was British Patient Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Epsilogen's history?
The largest funding round in Epsilogen's history was $57.6M.
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