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Complement Therapeutics

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Gene therapy for complement-mediated diseases and blindness

London, United KingdomFounded 2020Biotech & Life Sciences
Valuation $100–500M Latest valuation · 2023
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Complement Therapeutics

Complement Therapeutics is a biotechnology company with headquarters in Germany and research laboratories in the UK, focused on developing therapies for diseases caused by dysregulation of the complement system. The company was founded in 2020 as a spinout from the University of Manchester. The founders are Professor Simon J. Clark, Professor Paul Bishop, and Dr. Richard Unwin, whose research into novel targets within the complement cascade forms the basis of the company. Dr. Clark is a biochemist and immunologist focused on the role of the complement system in age-related macular degeneration (AMD). Professor Bishop is an ophthalmologist and expert in AMD and other retinal diseases. Dr. Unwin is an expert in mass spectrometry and proteomics, focusing on developing new analytical tools for studying chronic diseases.

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The company's lead product is CTx001, an AAV-based gene therapy being developed for Geographic Atrophy (GA), an advanced form of dry age-related macular degeneration that is a leading cause of blindness. CTx001 is designed to be a single-injection treatment that provides a long-term therapeutic effect, contrasting with other treatments that require regular injections. The company is also developing a pipeline of other potential therapies for complement-mediated conditions beyond ocular diseases. To support its therapeutic development, Complement Therapeutics has created the Complement Precision Medicine (CPM) platform. This diagnostics platform uses mass spectrometry to quantify over 30 proteins in the complement cascade from a single blood sample, allowing for better patient stratification, diagnosis, and monitoring for clinical trials.

Complement Therapeutics is a venture-backed company. It secured €5 million in a seed round in February 2022, co-led by Forbion and BioGeneration Ventures (BGV). This was followed by a larger €72 million ($79.1M) Series A financing in April 2023, led by Gimv and joined by a syndicate of new and existing investors including Cambridge Innovation Capital, Panakès Partners, and Seroba Life Sciences. This funding is intended to advance CTx001 through Phase 1b clinical trials and expand the company's research and development activities. The company is managed by CEO Dr. Rafiq Hasan, who has extensive experience in the pharmaceutical industry, particularly in ophthalmology at companies like Bayer and Novartis.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
London, United Kingdom
Employees
35
Open positions
1
Dealroom signal
77.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Precision Medicine, Spinout, Disease, Hard Tech, Longevity, proteomics, DT and LS, uk is8 life sciences, UKSU
Business model
Manufacturing
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Complement Therapeutics.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Apr 2023 $79M $317M BioGeneration Ventures · Cambridge Innovation Capital · Panakès Partners · Gimv
SEEDOther financing Feb 2022 $5.5M $22M BioGeneration Ventures · Forbion Capital Partners
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Growth signals

Complement Therapeutics website traffic

Latest recorded traffic for Complement Therapeutics is 1.1K monthly website visits, down 56% over the last three months. Complement Therapeutics's team declined 2.8% over the past year.

Latest monthly visits1.1K 3-month web change-56% 1-year team growth-2.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A5 investors entered at this stage

  • Gimv
  • Cambridge Innovation Capital
  • Panakès Partners
  • Seroba Life Sciences
  • Hadean Ventures

Other known investors1 additional known investor

  • The University of Manchester
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇬🇧 United Kingdom74.1%
🇩🇪 Germany11.1%
🇧🇪 Belgium7.4%
🇳🇱 Netherlands3.7%
🇺🇸 United States3.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Complement Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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