NK:IO, a leader in natural killer (NK) cell biology applied to the development of exceptionally potent, off-the-shelf cell therapies targeting solid tumours, has raised £1.2M. This brings total equity financing to £3.2M and will enable the company to reach key milestones in progressing its differentiated NK cell therapy candidates into development. The £3.2M equity funding is in addition to £1.9M grants awarded comprising the recent Innovate UK New Cancer Therapeutics award of £1.6M and a previous Innovate UK Accelerator grant of £300,000. The current investment round was led by Cancer Research Horizons (through its Seed Fund*) and included the Imperial College Enterprise Fund, Start Codon, UK Innovation & Science Seed Fund and Meltwind.
NK:IO, a 2020 spin-out from Imperial College London developing cell therapies to treat cancer, has raised an additional £1.2 million, bringing its total seed funding to £5.1 million.
