Vogel Heerma Waitz advises Captain T Cell on seed financing round
Berlin — Captain T Cell GmbH, a biotechnology company developing next-generation T cells against solid tumors, has successfully closed a seed financing round of 8.5 million euros. A consortium of experienced life science investors, including i&i Biotech Fund I SCSp, Brandenburg Kapital GmbH and HIL-INVENT Ges.m.b.H, participated in the round.
In addition, the Federal Ministry of Education and Research (BMBF) supports the company through its renowned GO-Bio program. The financing also marks the appointment of biotech veteran Jörn Aldag as Chairman of the Advisory Board. — Dr. Lorenz Frey and Dr. Frank Vogel from the law firm Vogel Heerma Waitz advised Captain T Cell.
The capital from the seed financing round will be used to bring a new generation of T‑cell therapies against solid tumors into the clinic.
Captain T Cell is developing TCR‑T cells with increased efficacy for solid tumors that cannot be treated with existing therapies. Using a series of novel technologies, Captain T Cell generates TCR‑T cells with increased persistence and the ability to effectively counteract the hostile tumor microenvironment of difficult-to-treat solid tumors. In preclinical in vivo models, the company has succeeded in completely rejecting aggressive tumors with these efficacy-enhanced T cells. A key technology developed by the Captain T Cell team is the company’s proprietary TCR-ALLO platform for off-the-shelf treatment of solid tumors. The TCR-ALLO platform is a universal tool that can be extended to a variety of cancer indications.
The company is a spin-off of the renowned Max Delbrück Center in Berlin, Germany, a leading European biomedical research institution. The Institute provided valuable financial and infrastructural support during the pre-seed phase and, together with its technology transfer partner Ascenion, remains a close partner for future ventures.
Captain T Cell is based in Schönefeld/Berlin and is supported by the experienced European investors i&i Biotech Fund I SCSp, Brandenburg Kapital GmbH and HIL-INVENT Ges.m.b.H.. Captain T Cell was founded by an ambitious team of immuno-oncology experts. The technologies were developed at the Max Delbrück Center for Molecular Medicine in the Helmholtz Association in Berlin. www.captaintcell.com
Consultant: Vogel Heerma Waitz
Dr. Lorenz Frey, Dr. Frank Vogel
About Vogel Heerma Waitz
Vogel Heerma Waitz is a Berlin-based law firm specializing in growth capital, technology and media.