Launch of Capricorn Industrial Biotech Fund by DSM, InnovationQuarter and Capricorn Partners

A new venture fund building a sustainable society through early-stage investments in the Industrial Biotech industry

Today, Capricorn Partners announces the establishment of Capricorn Industrial Biotech Fund, a new fund as part of its Cleantech portfolio of funds. The Capricorn Industrial Biotech Fund invests in early-stage ventures that are using biotechnology solutions to meet the growing demand for products made in a sustainable way.

Industrial Biotechnology is a key technology for the transformation of society towards Net Zero Carbon and Circularity. This industry will accelerate rapidly in the next decades, driven by recent advancements in bio-engineering, Artificial Intelligence, process technology, and a growing regulatory push for low carbon industry. Industrial Biotechnology will provide sustainable alternatives for food & feed ingredients, chemicals and intermediates, advanced materials and energy.

Industrial Biotechnology is in a technology lifecycle phase that is favorable for early-stage venture investing. Many promising technologies are being developed at universities and technology institutes, with a particularly strong presence in the Benelux and other countries in North-West Europe. Capricorn Industrial Biotech Fund invests in early-stage ventures in this industry, and assists them with their growth.

Rob van der Meij, Partner at Capricorn Partners:

Capricorn Industrial Biotech Fund is an excellent addition to our portfolio of Cleantech funds. It targets an industry where we expect strong growth, and where ventures can create significant value. Capricorn Industrial Biotech Fund complements our other funds such as the Capricorn Sustainable Chemistry Fund which invests in later stage sustainable technologies.

Capricorn Industrial Biotech Fund is an initiative of DSM (AMS: DSM), InnovationQuarter (the regional development agency of the greater Rotterdam-The Hague area in The Netherlands) and Capricorn Partners. The founding partners aim to establish a fund that will further strengthen the ecosystem around the Biotech Campus Delft and connect it to other centres of excellence in Belgium, France, Germany, Denmark and the United Kingdom.

Pieter Wolters, Managing Director DSM Venturing:

The new fund is a perfect vehicle to further boost the unique knowledge ecosystem on and near the Biotech Campus Delft where solutions to tackle the most pressing challenges in for example the way we produce and consume food are being developed. DSM is happy to be a co-founding investor in the Capricorn Industrial Biotech Fund, and we will continue to actively support and foster the scaling up of brilliant biotech inventions, companies and ventures that will sustainably transform health, nutrition and bioscience.

Liduina Hammer, Head of Investments at InnovationQuarter, stresses the importance of creating a sustainable production industry for the future economy of South Holland:

We support the transition from fossil to green factories in Zuid-Holland. Initiatives like PlanetB.io at the Biotech Campus in Delft support innovative companies to scale their biotech solutions and realise their impact for society. Through this fund we put extra effort in the most urgent climate and energy transition.

Capricorn Industrial Biotech Fund is launched following a first close, and will start sourcing deals as of now. Interested investors are invited to join for a final close at a maximum of €25 million.

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Helsinki-based Helppy is revolutionising home care and has picked up €3 million to expand across Europe

Alliance Venture

Elderly home care is a highly personal form of care provision, and its an area that has been in need of a facelift. Empowered by tech, Helppy has developed a platform that will revolutionise the sector and is based around a neighbourhood care model. The concept allows for more personal care, full transparency and higher productivity than the traditional route-based shift worker model.

As proof of its concept, the previously bootstrapped company has just picked up €3 million in a round led by Alliance Venture. Pre-seed investors Icebreaker.vc, Johannes Schildt, the Co-Founder and CEO of Kry/Livi and Elias Aalto, the Co-Founder of Wolt, also participated in the round and continued to back Helppy.

Anders Hallin, Partner of Alliance VC said: “Helppy has completely redesigned the home care model, allowing them to provide better care and better experience for all parties involved. Their model is unique and can solve many of the problems the ageing population in Europe faces from nurse shortage to the rising demand for care services.”

Founded in Helsinki in 2018, Helppy was developed when founder Richard Nordström needed care for his own mother. When his mother sadly fell ill, Richard found that the existing care provisions were too hard to organise and the service too impersonal. Helppy was developed as a tech-empowered neighbourhood model, which allows the senior to be visited by familiar ‘helppers’. From Helppy, the family member gets personal, trustworthy and affordable help for the ageing parent, hassle-free.

Richard Nordström, Founder & CEO of Helppy, explained: “We’re building the next-generation model of home care. With our model, you will get named ‘helppers’ or nurses, know who visits, know their backgrounds, get visit notes and be able to communicate with them. Using tech to make it personal and trustworthy – at the same price or lower than home care in general.” 

The Finnish startup has now helped nearly a thousand families in Finland and attracted over 5000 nurses and personal assistants to sign up on the platform and offer their help to seniors in need.

Richard Nordström, added: “We believe that our type of model will be adopted by a significant part of the home care market in the next few years, and help solve the ongoing nurse shortage. We’re seeing this happening already in the US, but now also emerging in Europe. The home care market only in Europe is worth over €100 billion and growing 8% annually. With the new funding we’re launching operations now in several markets in Central Europe. ”

With the fresh funding, Helppy will now expand beyond Finland, taking its personalised care offering to families in need across the continent. In addition, the startup will welcome former Swappie Head of DACH region Lauri Tevilin to the team to head growth plans.

Riku Seppälä, a Founding Partner of Icebreaker.vc, added: “Helppy’s team has succeeded in developing technology that revolutionizes the quality of the care for the customer. Coming from Finland and having proven their concept in the world’s most developed care market, we see that Helppy can make a real impact on the elderly care system in Europe”.

Johannes Schildt, the Co-Founder of Kry, said: “Helppy innovates elderly care by using technology to make it more continuous, personal and tailored to each individual’s needs. We need great teams who develop our welfare services and Helppy injects innovation into this much-needed part of healthcare, elderly care”.

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Quality Clouds raises £5.5m to support migration to low-code, cloud-based applications and workflows

Adara

Quality Clouds has announced a new round of investment to continue scaling its application development governance platform. The investment was led by YFM Equity Partners (YFM), with participation from Seed-round lead Adara Ventures, plus new investors Aldea and U.K. Future Fund.

We first partnered with Quality Clouds in early 2020, as the first investment from our third fund, and we are excited to be backing the team led by Albert Franquesa and Angel Marquez again.

This round allows the company to accelerate its business plan, onboard a US sales team, and expand the marketing and customer success resources available for newly-incorporated Chief Revenue Officer K.C. Watson.

The new investment will strengthen the company’s offering globally, following strong growth in the US, where 45% of Quality Clouds’ clients are based. It will also help increase Quality Clouds’ ability to help ServiceNow and Salesforce customers unlock the value of their investments.

Importantly, the company is vastly upgrading the resources available to support and coach the founders and management team. Experienced software veteran Mark Sutherland is joining the company as non-executive Chairman, while Kevin Tumulty (formerly EMEA VP at ServiceNow), John McAdam (formerly CEO of F5 Networks), and Sander Daniels (formerly Head of Financial Services Industries – Northern Europe, Germany and UK at Salesforce) join the new Strategic Advisory Board.

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Reema Health Secures $8 Million in Seed Funding Round

New Stack Ventures

Investments in breakthrough community-based health technology platform top $10 million to date.

April 11, 2022 · Portfolio Company

Reema Health, a community-based health technology platform, recently earned $8 million in a funding round led by MaC Venture Capital and DNA Capital. Combined with a previous $1.25 million pre-seed round and earlier preliminary investments, Reema’s has raised over $10 million to date.

58% of low-income Americans report being socially isolated, a factor that impacts their overall health and significantly increases the cost of care. Reema transforms how people navigate the gaps between health care and social care by combining advanced technology with human interaction. Reema’s personalized, community-based approach engages people via Community Guides with a personal understanding of their lives, their crucial needs, and the most impactful resources available. Reema’s technology platform empowers Guides to be more effective, helping them rapidly establish the kind of deep trust proven to promote better health outcomes.

“Technology solutions can create more efficient, and more informed outreach but they can’t build authentic relationships that drive real engagement,” said Justin Ley, CEO of Reema.

“Our experienced Community Guides work one-on-one with the most underserved people in their communities when it comes to social care. It’s the latest data science combined with empathic, in-person relationships, a powerful combination that builds trust fast.” Ley added the inspiration for Reema came from his own personal experiences growing up.

Reema is currently serving health plans throughout the East Coast and Midwest, with plans to expand to several more states this year. The company’s current programs are already reporting member engagement rates of 84% or more, a metric that proves its breakthrough approach is successfully reaching many people who, before Reema, were living without the social care that significantly improves their lives, and the overall health of their communities.

“Health plans, providers and other intermediaries have realized that piling on more and more clinical and social resources barely moves the needle when it comes to driving desirable health outcomes for marginalized, low income population,” said Partha Mishra, Partner at DNA Capital. “Acting as a catalyst, combining technology and human insights, and partnering with existing players, Reema has instead demonstrated that a personalized, community centric approach to build bridges with each member first makes the entire system come alive.”

About Reema:

Reema uses technology to power human relationships with the goal of improving health outcomes for people who are hardest to reach. Reema’s breakthrough health platform uses proprietary technology and predictive data modeling to identify people with the highest level of unmet social needs, and power Community Guides with the right information to engage them meaningfully, connect them with the most relevant resources, and improve their health and their lives. For more information visit ReemaHealth.com.

 

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Indico Data CEO Tom Wilde Joins Forbes Technology Council

.406 Venture

BOSTONDec. 15, 2021  — Indico Data, the unstructured data company, announced today that the company’s CEO, Tom Wilde, has joined the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

Tom was selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance includes a track record of successful business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome Indico Data CEO Tom Wilde into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As a member of the Council, Tom gains access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Tom will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, Tom will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

“I’m proud to be a member of, and eager to contribute to, the Forbes Tech Council community,” said Tom Wilde, CEO at Indico Data. “In my short time as a member, I have already seen the dynamic and helpful interactions among experts, as we all share the common goal of bringing relevant and powerful new technologies to light for our customers.”

About Forbes Councils
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Technology Council, visit forbestechcouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

For more information on the Indico Unstructured Data Platform, or to schedule a demo, please visit www.indicodata.ai.

About Indico Data
Indico Data is the unstructured data company. With its innovative AI- and ML-powered software platform, enterprises of all sizes can automate, analyze, and apply unstructured data –– documents, emails, images, videos and more –– to a wide range of enterprise workflows. The Indico Unstructured Data Platform enables companies to gain rich insight and maximize the value of their existing software investments, including RPA, CRM, ERP, and BI, by enabling these systems to work with unstructured data. Indico serves leading insurance, financial services, banking, real estate and other data-intensive enterprises, including MetLife, PNC Bank, Chatham Financial, Cushman & Wakefield and Waste Management. The company is headquartered in Boston, MA. Visit www.indicodata.ai to learn more.

Media contact:
Claudine Caruso
Guyer Group for Indico Data
indico@guyergroup.com

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ThreatX Names Tom Axbey to its Board of Directors

.406 Venture
Boston, MA – December 14, 2021 –ThreatX, the leading web application and API protection (WAAP) platform, today announced the appointment of Tom Axbey to its board of directors. Axbey will serve as an independent board member, assisting the company’s leadership team as ThreatX continues its expansion into the WAAP market. “ThreatX partners with customers around the world to ensure that their web applications and APIs are securely protected against today’s increasingly complex threat landscape,” said Gene Fay, CEO at ThreatX. “As the demand for WAAP coverage continues to accelerate, I’m thrilled to welcome Tom to our board of directors. His experience will prove invaluable to us as we scale the business in 2022 and beyond to build the most comprehensive WAAP platform available in the industry.” 

Axbey has demonstrated an ability to drive growth and build operational excellence in high-growth companies. Most recently, he served as VP & GM of CloudHealth by VMware and served as its CEO prior to its acquisition by VMware. Prior to CloudHealth, Tom served as CEO of Rave Mobile Safety, where he led its turnaround, growth and acquisition. He has also held leadership roles at IBM, Micromuse, Quallaby Corp and American Internet Corporation.  

“I’m excited to leverage my enterprise technology leadership experience to help guide and influence yet another highly-disruptive technology,” said Axbey. “ThreatX is well positioned to seize the web application and API security market with its innovative WAAP platform solution and its experienced team of industry leaders. As the newest member of ThreatX’s board of directors, I look forward to accomplishing great things together.” 

In addition to ThreatX, Axbey serves on several other boards, including Language I/O, Armoured Things, BluStream, Interactions and InSpace and is an operating partner at large for GutBrain Ventures. 

ThreatX was recently named a Visionary in the 2021 Gartner® Magic Quadrant™ for Web Application API Protection. To learn more about the ThreatX WAAP platform, please visit www.threatx.com. 

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Seaya Ventures and Cathay Innovation Announce $125M Fund to Invest in Latin America

Seayaventures

Seaya Ventures and Cathay Innovation today announced the first close of a $125M multi-sector fund for startups across Latin America redefining industry and society. Based out of Mexico City, the Seaya Cathay Latam Fund aims to be the direct link for local, purpose-driven entrepreneurs to the worldwide resources needed to build and scale resilient businesses leading markets on the regional or global stage.

The new fund invests in transformative technology companies focusing on Series A and B with reserves for follow-on rounds. It also embeds sustainability into the investment cycle to give startups the tools to grow responsibly while maximizing impact. This includes consumer and enterprise startups in fintech and proptech to mobility, healthtech, food, agriculture, cybersecurity and more. In September, the team made its first investment in Chilean fintech Xepelin’s $230M round. Other previous investments in the region include Mexico’s Kueski and Lana, Brazil’s Facily and alt.bank, Colombia’s RobinFood and Chile’s Fracttal.

“We’re looking for exceptional founders building innovative technologies and business models that will have a lasting, positive impact on Latin America,” said Beatriz Gonzalez, Founder and Managing Partner, Seaya Ventures. “With Cathay’s global reach and Seaya’s local edge, we can bring real value by helping startups capitalize on emerging trends across the world with localized, hands-on support. Our experience helping companies expand to and from Latam, creating global winners, is what sets us apart,” said Pablo Pedrejón, Principal, Seaya Ventures. 

The news follows April’s formal partnership announcement, which brought together both firm’s expansive investment platforms, combining Seeya’s local edge, and Cathay’s corporate ecosystem of investors and strategic partners covering Europe, North America, Asia, Africa and Latin America. By fusing local expertise with a global platform under a single fund, Latam startups can gain unique value beyond capital with access to deep, multi-sector insights along with potential corporate partners or customers to fuel business development and activate growth.

“Latam is approaching the tipping point with a burgeoning tech sector and rising middle-class fueling rapid growth,” said Jacky Abitbol, Managing Partner, Cathay Innovation. “Similar to what we saw in China and Southeast Asia, there’s a large equity gap, a growing talent pool and VC allocations. Startups can now adapt innovation to local market needs, building inclusive, digital-first industries from the ground up. With our Latam fund, and a joint platform of $4.6B AUM, we can invest and follow along every step of this entrepreneurial journey — something unique in the market today.”

The teams have proven track records investing in 17 unicorns and several breakout startups including Spain’s Glovo, Cabify and Wallbox (NYSE:WBX) as well as Chime Bank in the US, Paris-based Ledger and China’s Pinduoduo (NASDAQ:PDD). Leading local investments for the Latam fund is Federico Gómez Romero, who brings over 12 years of experience and most recently led Latam activities for seed fintech fund Accion Venture Lab. Previously, he was an investment banker at Lazard before launching several startups and becoming CEO at Credility, an SME lending platform in Argentina.

To learn more, please visit www.sclatam.com

About Seaya Ventures

Seaya Ventures is a leading European & Latin-American Venture Capital firm based in Spain, investing in value-driven founders who are building global technology companies with a sustainable approach. Since raising its first fund in 2013, Seaya manages $350M across three early-stage funds. Seaya Ventures accelerates startup growth by working with the founders to enhance their strategic vision, putting at their disposal its global platform, its strong network of founders, investors and corporates, as well as Seaya’s experience in scaling leading companies such as Glovo, Cabify, Wallbox (NYSE:WBX), Spotahome, Clarity AI, Clicars and Savana.

 

About Cathay Innovation

Cathay Innovation is a global venture capital partnership, created in affiliation with Cathay Capital, investing in startups at the center of the digital revolution across North America, Latin America, Europe, Asia and Africa. Its global platform unifies technology investment across continents, investors, entrepreneurs and leading corporations to accelerate startup growth with access to new markets, invaluable industry knowledge and introductions to potential partners from the start. As a multistage fund with over $1.5 billion assets under management and offices across San Francisco, New York, Paris, Shanghai, Beijing and Singapore, Cathay Innovation partners with visionary entrepreneurs and startups positively impacting the world through technology.

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bp leads $25m Series A round in EV ride-hailing and charging start-up BluSmart

BP Ventures
  • BluSmart is India’s first and largest integrated EV ride-hailing and charging business
  • It is bp venture’s first direct investment in India and tenth in the mobility space
  • The investment will help BluSmart bring its electric vehicles and charging stations to five major cities

bp ventures has made its first direct investment in India, investing $13 million in integrated EV ride-hailing and charging company BluSmart. It led a $25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors.

 

BluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional Indian cities in the next two years. The investment will help bp move towards becoming a leader in India’s mobility market, and to provide integrated energy and mobility solutions to help customers reduce their emissions across the world.

 

BluSmart is India’s first and largest integrated EV ride-hailing and charging company, and aims to deliver safer, cleaner and more sustainable mobility. It is the first service of its kind with no surge pricing or rides rejected by drivers. Safety and cleanliness are paramount in the Indian market, and customers can view the last time each car was sanitised and driver vaccination status via the BluSmart app. The company also removes the financial burden of vehicle ownership by leasing vehicles to drivers and oversees all vehicle maintenance, to help reduce driver stress.

 

“Our partnership is underpinned by shared values; caring for customers, colleagues and the environment, and with safety at the core of everything we do.”

Richard Bartlett, SVP future mobility & solutions

 

India is now the third-largest startup market globally and its GDP is projected to be the world’s third largest by 2030. Yet with 35 of the top 50 most polluted cities globally, there’s a huge need for low carbon technologies to help make that growth compatible with its climate ambitions.

 

Urbanization is also increasing rapidly, with the UN projecting that India’s urban population size will nearly double from 2018 to 2050, potentially creating further congestion and environmental challenges that electric ride-hailing can help play a part in improving.

 

The industry is forecast to grow significantly, with mobility as a service projected to make up 15% of the 1.1 trillion kilometres to be travelled by passenger vehicles in India by 2030, compared to 5% of the 477 billion kilometres travelled today.

 

With the largest EV charging infrastructure in India and a growing fleet of electric vehicles, BluSmart aims to transform ride hailing in the country. The business is growing quickly in Delhi NCR, which represents 20% of India’s mobility market, which BluSmart estimate has already saved over approximately 1,500 tonnes of CO2, with more than 650,000 passenger trips completed to date.

 

Richard Bartlett, SVP future mobility & solutions, said: “The electric mobility revolution will have a huge impact in reducing vehicle emissions in cities, which in India are growing quickly. BluSmart’s business model solves a number of key barriers to urban EV ride-hailing take-up, from the cost for drivers to the quality of customer experience. Our partnership is underpinned by shared values; caring for customers, colleagues and the environment, and with safety at the core of everything we do. We are excited to have made our first direct investment in India, to grow alongside the BluSmart business.”

 

Anmol Singh Jaggi, co-founder of BluSmart, added: “We believe that electric mobility has huge growth potential, driven in part by the increasingly favourable economics behind electric vehicles. With that in mind we want to redefine ride-hailing with electric vehicles, and our consumer focus has helped us to already establish a strong brand presence in our core market; to date our vehicles have travelled over 21 million kilometres. This latest funding infusion will help us grow as we work with bp to help transform India’s high-polluting cities and redefine ride-hailing with electric vehicles.”

 

Sophia Nadur, managing partner at bp ventures, will join BluSmart’s board. To date, bp ventures has invested almost $800m in more than 60 companies across seven geographies.

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Market Wagon Announces Series A

New Stack Ventures

We are proud to announce that Market Wagon has secured a $5M investment led by our venture partner, Hyde Park Venture Partners.

This investment will help Market Wagon expand to more than 50 markets by the end of the year.

“Market Wagon’s business bringing regionally farmed foods and goods to meet consumers growing appetite for local fare fits right into our logistics investing experience and our love for food tech,” said Guy Turner, managing partner at Hyde Park Venture Partners. “We are excited to partner with the Market Wagon team and support their vision, and we love being customers too.”

Congratulations Market Wagon!

Quotes taken from Inside Indiana Business – see full article here.

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Soteria Biotherapeutics Launches with $42 Million Series A Financing Led by Roche Venture Fund and 5AM Ventures

M Ventures

SAN FRANCISCO, May 17, 2021: Soteria Biotherapeutics, Inc. (“Soteria”), a privately-held, immuno-oncology company focused on developing a next generation of switchable bispecific T-cell engagers to treat patients with solid tumor cancers, today announced a $42 million Series A financing led by Roche Venture Fund and 5AM Ventures with participation from other leading investors, including M Ventures, Novartis Venture Fund and Alexandria Venture Investments.

Soteria’s T-LITETM T-cell engagers are selectively switched on through oral administration of a small-molecule activator to modulate potent T-cell activity by controlling the timing, duration, and level of bispecific complex formation. This switchable activity enables precise on/off control over the timing and magnitude of T-cell redirection and cytotoxic activity. Unlike conventional T-cell engagers which lack a control switch and therefore are associated with significant side effects, Soteria’s T-LITE therapies are being designed to allow physicians to modulate T-cell activity to maximize efficacy while minimizing side effects.

“Soteria’s technology has the potential to revolutionize the T-cell engager field with its proprietary approach designed to control and target potent biologic immune activators to attack tumors,” said Nisha Marathe, investment director at Roche Venture Fund. “Specifically, we believe the T-LITE technology is highly differentiated, where the potent activity of a T-cell engager can be selectively switched on by small-molecule activators to direct tumor cytotoxicity and reduce cytokine release syndrome, ultimately resulting in a therapy with potentially greater safety and efficacy.”

“These funds will support the advancement of our technology and allow us to build a pipeline of T-LITE development candidates with potential in well validated cancer targets,” said Kristine Ball, chief executive officer of Soteria. “We appreciate the confidence and vision this syndicate of premier investors has shown in our opportunity to disrupt the T-cell engager field and our potential to create differentiated, potent therapies against solid tumors.”

Company Founders and Leadership
Soteria’s team of founders, management and board members brings together accomplished leaders from academia and the biopharma industry with successful track records discovering and developing therapeutics at companies such as Abgenix, Ascendis Pharma, AstraZeneca/Medimmune, Exelixis, Genentech/Roche, KAI (acquired by Amgen), Labrys (acquired by TEVA), Merck Research Laboratories, Novartis, Relypsa (acquired by Vifor) and Sunesis:

Kristine Ball, Chief Executive Officer and Member of the Board
Zachary Hill, PhD, Co-Founder and SVP, Chief Scientific Officer, and Member of the Board
Mohammad Tabrizi, PhD, VP Preclinical Development
Alex Martinko, PhD, Co-Founder and Senior Director of Protein Science
Jim Wells, PhD, Academic Co-founder, Chair of Scientific Advisory Board, and Professor of Pharmaceutical Chemistry at UC San Francisco
Steven P. James, Board Chair and Chief Executive Officer of Pionyr Immunotherapeutics
David Allison, PhD, Member of the Board and Partner at 5AM Ventures
Keno Gutierrez, PhD, Member of the Board and Vice President at M Ventures
Nisha Marathe, PhD, Member of the Board and Investment Director at Roche Venture Fund
David Morris, MD, Member of the Board and Operating Partner at Novartis Venture Fund
Momo Wu, PhD, Member of the Board and Portfolio Investment Manager at Emerson Collective

About Soteria Biotherapeutics Inc.
Soteria is developing a next generation of switchable bispecific T-cell engagers to treat cancer patients with solid tumors. Soteria’s highly innovative T-LITETM platform provides small molecule-dependent activation of bispecific antibody therapies, enabling safer and more efficacious treatments through pulsatile activity, reduced side effects and higher dosing. Soteria was founded in 2018 with technology licensed from UC San Francisco and is based in San Francisco, California. For additional information, visit www.soteriabiotherapeutics.com

Contacts:
Sylvia Wheeler
swheeler@wheelhouselsa.com
info@soteriabiotx.com

Alex Santos
asantos@wheelhouselsa.com

Press Release

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