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Epsilogen

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Epsilogen is a global leader in the development of immunoglobulin (IgE) antibodies to treat cancer.

London, United KingdomFounded 2016Biotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Epsilogen and the history behind them.

About Epsilogen

Epsilogen is a clinical-stage immuno-oncology company established in 2016 as a spin-out from King's College London. The company was founded by Professor Sophia Karagiannis, a translational cancer immunologist with extensive experience in both academic and biotechnology settings in the USA and UK. Her research group at King's College London was the first to design, evaluate, and advance anti-tumor Immunoglobulin E (IgE) antibodies from a concept into clinical trials. Epsilogen is focused on developing a new class of antibody therapeutics for cancer treatment, leveraging the unique properties of different antibody isotypes, primarily IgE.

The company's business model is centered on the research, development, and eventual commercialization of these novel antibody-based drugs. Its revenue generation will depend on achieving clinical milestones, potential partnerships with larger pharmaceutical companies, and ultimately, drug sales upon regulatory approval. Epsilogen has successfully raised significant capital to fund its operations, securing a total of $70.3 million over nine funding rounds. Key investors include Novartis Venture Fund, British Patient Capital, Epidarex Capital, 3B Future Health Fund, and ALSA Ventures.

Epsilogen's core technology platform harnesses the natural function of IgE antibodies, which evolved to provide immunological defense against parasites. This functionality is repurposed to target solid tumors, offering benefits such as high potency, better tumor penetration, and a prolonged half-life in tissues compared to conventional IgG antibodies. The mechanism involves activating various immune cells, including macrophages and neutrophils, to create an inflammatory tumor microenvironment that attracts and activates T cells to destroy cancer cells. The company is pioneering this approach with its lead product candidate, MOv18 IgE, the first-ever IgE therapeutic to enter human clinical trials. This antibody targets folate receptor alpha (FRα), a protein highly expressed in several cancers, including ovarian, non-small cell lung, endometrial, and triple-negative breast cancer. A Phase I trial involving 26 patients with platinum-resistant ovarian cancer found MOv18 IgE to be safe and well-tolerated, with early signs of clinical activity, including tumor shrinkage in one patient at a much lower dose than typical for IgG antibodies. Following these encouraging results, a Phase Ib trial for MOv18 IgE in platinum-resistant ovarian cancer patients commenced in December 2024. In April 2025, Epsilogen acquired TigaTx, Inc., expanding its pipeline to include IgA antibodies and creating a pan-isotype cancer antibody company.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
London, United Kingdom
Employees
34
Open positions
None listed
Dealroom signal
86.2/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, Woman Founder, DT and LS, uk is8 life sciences, UKSU, UKSU2010, science-based
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Apr 2025
Capital deployed
—
Preferred round
ACQUISITION

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Aug 2025 $14M $203M Undisclosed ↗
SERIES BOther financing Sep 2024 $17M $203M Epidarex Capital · British Patient Capital · 3B Future Health Fund · Novartis Venture Fund ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Epsilogen website traffic

Latest recorded traffic for Epsilogen is 1.8K monthly website visits, up 1284.6% over the last three months. Epsilogen's team grew 0% over the past year.

Latest monthly visits1.8K 3-month web change+1284.6% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

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

Series A10 investors entered at this stage

  • Epidarex Capital
  • ALSA Holdings
  • AlbionVC
  • UCL Technology Fund
  • Novartis Venture Fund
  • Schroders
  • 3B Future Health Fund
  • British Patient Capital
  • Caribou
  • ALSA Ventures

Other known investors1 additional known investor

  • King's College London
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
6 countries with
team presence
🇬🇧 United Kingdom82.1%
🏳️ Monaco3.6%
🇫🇷 France3.6%
🇳🇱 Netherlands3.6%
🇨🇭 Switzerland3.6%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Epsilogen 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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