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AIRNA
AIRNA, a biotech company pioneering RNA editing therapeutics to restore the health of patients with rare and common diseases
About AIRNA
AIRNA is a biotechnology firm specializing in the development of RNA editing therapeutics aimed at treating both rare and common diseases. The company was founded in 2021 by a team of scientists including Thorsten Stafforst, Jin Billy Li, Paul Vogel, and Tobias Merkle, and it emerged from stealth mode in September 2023 with an initial $30 million financing led by ARCH Venture Partners. The founders are pioneers in the field; Stafforst, a professor at the University of Tübingen, and Li, an associate professor at Stanford University, were the first to publish research demonstrating ADAR-mediated RNA editing. Their extensive research, dating back over a decade, forms the scientific backbone of the company.
The company's business is centered on its proprietary RESTORE+ platform, which engineers oligonucleotides to recruit an endogenous enzyme called ADAR (adenosine deaminases acting on RNA). This process introduces a precise modification to a patient's RNA, correcting genetic mutations at the transcript level without altering the underlying DNA. This approach offers a key advantage by being reversible and allowing for convenient re-dosing, distinguishing it from permanent gene-editing techniques like CRISPR. AIRNA's business model involves leveraging this platform to build a pipeline of proprietary drug candidates. The company's funding is venture capital-based, having raised a total of $245 million through multiple rounds, including a $155 million Series B in April 2025, to advance its programs into clinical trials.
AIRNA's primary service is the discovery and development of these RNA editing medicines. Its lead product candidate, AIR-001, targets alpha-1 antitrypsin deficiency (AATD), a genetic disorder that can cause severe lung and liver disease. The therapy is designed to repair the most common mutation in the SERPINA1 gene to restore the production of functional protein. A key feature of their delivery system is the use of GalNAc conjugation, which specifically targets liver cells and avoids the use of lipid nanoparticles (LNPs), potentially offering a better safety profile. The company plans to file for a Phase 1/2 clinical trial for AIR-001 in the second half of 2025. Beyond AATD, AIRNA is actively developing a pipeline to address other conditions, including cardiometabolic and neurodegenerative diseases.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Cambridge, United States
- Employees
- 86
- Open positions
- 5
- Dealroom signal
- 88.5/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Apr 2025 | $155M | $620M | RTW Investments · +ND Capital · ARCH Venture Partners · Nextech Invest | ↗ |
| SERIES AOther financing | Jul 2024 | $60M | $240M | ARCH Venture Partners · Alexandria Venture Investments · +ND Capital · Ono Venture Investment | ↗ |
Growth signals
Latest recorded traffic for AIRNA is 4.8K monthly website visits, up 60% over the last three months. AIRNA's team grew 14.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
ARCH Venture Partners
+ND Capital
Novalis Biotech
Codon Capital
Fast Track Initiative
Forbion Capital Partners
Alexandria Venture Investments
Ono Venture Investment
Venrock
RTW Investments
Nextech Invest
Other known investors1 additional known investor
Stanford University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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