Indapta raises another $22.5 million for cell therapies

18 December 2024

San Francisco-based Indapta Therapeutics, a privately held start-up developing next-generation cell therapies, has raised $22.5 million in a new financing round. The firm raised over $50 million in series A funding in 2022.

The money will support ongoing clinical trials for its lead product, IDP-023, and preparations for new studies targeting cancer and autoimmune diseases.

The round included participation from existing investors RA Capital Management, Vertex Ventures HC, and Leaps by Bayer, the investment arm of Bayer (BAYN: DE), alongside Pontifax and the Myeloma Investment Fund.

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