Radar Therapeutics Raises $13.4 Million in Seed Funding

<p><strong>BERKELEY<&sol;strong> &&num;8212&semi; Radar Therapeutics&comma; a biotech company developing smart programmable medicines&comma; has completed an oversubscribed &dollar;13&period;4 million in seed financing led by NfX Bio&period; Major investors Eli Lilly and Company&comma; Biovision Ventures&comma; and KdT Ventures also joined the round&comma; with participation from PearVC&comma; BEVC and other investors&period; The financing will support advancement of Radar’s internal programs&comma; team expansion and partnering&period;<&sol;p>&NewLine;<p>Current genetic medicines&comma; including mRNA therapeutics&comma; are not targeted and typically rely on cell surface proteins to confer targeting&comma; which limits application&period; This often means that <i>ex vivo<&sol;i> cell therapies&comma; where genetic material is introduced outside of the body&comma; have to be used&period;<&sol;p>&NewLine;<p>Radar is developing programmable genetic and mRNA-based therapeutics that use RNA sensors – mRNAs that gate their expression based on other RNAs in the cell – for specific payload expression to deliver targeted&comma; timed delivery of the drug payload into the right cells at the right time&period; Controlled translation of the mRNA therapy avoids systemic toxic side-effects in non-target cells&period; The RADAR platform enables &&num;8220&semi;smart&comma;&&num;8221&semi; rationally designed precision therapeutics&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;With Radar’s technology&comma; we can now precisely alter the biology of the cell&comma; delete harmful cells&comma; or potentially reprogram cells for autoimmune diseases&period; This has the potential to enable a new generation of safer&comma; more durable and effective mRNA therapeutics for applications beyond vaccines&comma;” said synthetic biology pioneer Jim Collins&comma; Ph&period;D&period;&comma; Co-Founder at Radar Therapeutics and the Termeer Professor of Medical Engineering &amp&semi; Science and Professor of Biological Engineering at MIT&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Creating genetic expression-regulation systems that operate at the level of translation while being programmable to ensure compatibility with next-generation mRNA-based medicines has been a long-lived dream&comma;” said Xiaojing Gao&comma; Ph&period;D&period;&comma; Associate Professor of Chemical Engineering at Stanford and Radar Co-Founder&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Like a safety switch&comma; our payload is always off&comma; and only gets turned on in the right cell&comma;” said Sophia Lugo&comma; CEO &amp&semi; Co-Founder&comma; Radar Therapeutics&period; &OpenCurlyDoubleQuote;We can selectively write a function into any cell type&period; Programmable mRNA-based therapies have the potential to be <i>in vivo<&sol;i>&comma; scalable and modular&comma; to improve patient access&period; We’re thrilled to have the support of these top-tier investors as we advance our preclinical programs&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Unlike approaches using microRNAs to turn payload expression off in predefined cells&comma; Radar&&num;8217&semi;s technology enables the activation of protein expression in desired cells&comma;” said Eerik Kaseniit&comma; Ph&period;D&period;&comma; Chief Scientific Officer &amp&semi; Co-Founder&comma; Radar Therapeutics&period; &OpenCurlyDoubleQuote;We’re leveraging the explosion in single-cell transcriptomic data&comma; and advances in our understanding of RNA-editing enzymes such as ADAR&comma; to design simple switches to create smart mRNA therapies&period; We’ve assembled a world class team to push the platform towards product and are excited to use these funds to grow the team further&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Radar&&num;8217&semi;s focus on full transcriptomic analysis sets them apart from traditional targeting methods that rely solely on cell surface markers&comma;” said Omri Drory&comma; PhD&comma; Partner&comma; NfX Ventures&period; &OpenCurlyDoubleQuote;By leveraging a broad dataset offered by single-cell transcriptomics&comma; Radar can precisely identify cellular signatures and engineer programmable therapies accordingly&comma; offering unparalleled specificity to avoid off-target effects&period;”<&sol;p>&NewLine;<p>A publication in <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nature&period;com&percnt;2Farticles&percnt;2Fs41587-022-01493-x&amp&semi;esheet&equals;54014314&amp&semi;newsitemid&equals;20240523395742&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Nature&plus;Biotechnology&amp&semi;index&equals;2&amp&semi;md5&equals;88018804e8e3308cfee0f9ed75175b27" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Nature Biotechnology<&sol;a> describes the design of a highly specific&comma; compact sensor sequence to the driver RNAs or disease markers of a cell of interest&comma; including a stop codon in front of the mRNA payload&period; In non-target cells without the marker RNAs&comma; the payload is not expressed due to the stop codon&comma; which prevents ribosomal translation&period; In target cells&comma; the stop codon is selectively removed through interactions with cell-type-defining marker RNAs&period;<&sol;p>&NewLine;<p>Radar Therapeutics is advancing this technology even further by developing a proprietary methodology that only uses endogenous enzymes to achieve high expression levels&comma; which is a significant advancement in the field of RNA editing&comma; as it will potentially enable the development of safer&comma; more effective&comma; and cost-efficient therapies for various diseases&period;<&sol;p>&NewLine;

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