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Transforming Asset Management | Molten Leads £4m Series A in MAIA Technology
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Transforming Asset Management | Molten Leads £4m Series A in MAIA Technology

3 mins read
IMU Biosciences raises £11.5 million Series A

IMU Biosciences raises £11.5 million Series A

3 mins to read

Molten
Molten

We are delighted to announce that Molten Ventures has led a £11.5 million Series A funding round in IMU Biosciences, a techbio company revolutionising immune powered precision medicine.

IMU Biosciences is coupling deep, systems-level immune profiling with a proprietary AI platform to build a uniquely detailed immune atlas spanning the breadth of human health and disease. Its CytAtlas® platform is fuelling a new understanding of the immune system to power the future of translational research and clinical practice, from diagnostics to drug development and treatment response, and with application across multiple high-growth areas, including immune-oncology, cell therapy, autoimmune disorders and transplantation.

In immuno-oncology, IMU’s unique approach enables rapid immunophenotyping from liquid biopsy (blood) samples to enable patients to be matched with therapy that is most likely to be effective, while also providing ongoing and real-time immune monitoring along the entire patient journey to maximise therapeutic impact and safety. 

In allogeneic cell therapy, IMU’s platform is being applied to identify immune signatures in donors that predict for efficient and consistent cell therapy expansion thereby significantly improving manufacturing efficiency – a major challenge in this nascent field.

"With our technology, we’re building the world's largest immune data assets across health and disease, which allows us to perform analyses with a level of depth and granularity that was previously unthinkable. This systems-level approach to understanding immune function enables us to look at the bigger picture rather than just focusing on individual disease-associated parameters. Our goal is to revolutionise precision medicine, improving its effectiveness, reducing failure rates in clinical trials, and making these therapies more viable in the long run.”

said Dr Adam Laing, CEO and Co-founder of IMU Biosciences

"Our technology could fundamentally change how we approach patient stratification for advanced therapies, disease monitoring and diagnostics. We're talking about better patient outcomes, more effective therapies, and even cost reductions in healthcare over the long term. This potential is already being recognised by pharma and biotech companies as well as leading academic institutions, offering us multiple opportunities to create significant value from strategic collaborations that leverage our unique approach."

explained Dr Tom Hayday, CSO and Co-founder of IMU Biosciences

The new capital raised through the Series A round will be deployed to supercharge IMU Biosciences' expansive roadmap, including advancing its novel CytAtlas® platform, fostering new strategic partnerships and projects, conducting cutting-edge, large-scale immune research, and expanding its operations into the Boston/Cambridge, MA area.

Dr Inga Deakin, Principal, Molten Ventures said: “IMU's technology has the potential to transform our understanding of the immune system. Its advanced AI platform – combined with deep immune data profiling – enables unique insights into the immune system, which plays a critical role in virtually every disease. We are thrilled to lead this investment round and support IMU in their journey towards groundbreaking discoveries in healthcare.” 

In conjunction with the fundraising, Tim Haines was appointed to the IMU Biosciences Board of Directors as Non-executive Chair and Dr Oliver Nussbaumer, Ph.D. and Dr Inga Deakin, D. Phil. were appointed as Non-executive Directors.

  • Inga is a Principal at Molten Ventures with over 10 years’ experience building and investing in life science and digital health companies. She spent three years in the US, gaining international industry and healthcare experience, as Chief of Staff in a commercial stage molecular diagnostics company and as Entrepreneur in Residence at Duke University.
  • Tim is Executive Partner at Abingworth, a leading international life sciences investment group, part of global investment firm Carlyle (NASDAQ: CG) and brings more than 30 years of international investor and management experience in the life sciences industry.
  • Oliver is a leading immunologist specialising on innate immune cells and their use in immuno-oncology, early research and development to IND. He was R&D Distinguished Fellow (Executive Scientific Director), Cell Therapy Innovations at Takeda and a co-founder of GammaDelta Therapeutics and Adaptate Biotherapeutics (both acquired by Takeda in 2022). 

IMU Biosciences was founded in 2021 by Dr Adam Laing (Chief Executive Officer), Dr Tom Hayday (Chief Scientific Officer) and Mario Cantero (Chief Operating Officer), based on ten years of research out of King’s College London and The Francis Crick Institute conducted within the laboratory of Professor Adrian Hayday. Applying AI-driven data analytics to immunology research crystalised further when COVID-19 emerged, and the team leveraged its technology to understand the human immune response to the virus. IMU Biosciences has further validated and fine-tuned its unique approach in partnership with leading pharmaceutical and biotech companies.

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