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eTheRNA immunotherapies

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Messenger RNA immunotherapies for cancer and infectious diseases

Antwerp, BelgiumFounded 2013Biotech & Life Sciences
Valuation $100–250M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About eTheRNA immunotherapies

Ethernabe is a seasoned player in the RNA technology industry, boasting over three decades of experience. The company primarily serves pharmaceutical and biotech companies, both emerging and established, that have an interest in RNA therapeutics. Ethernabe's business model revolves around providing professional partnership and support for start-up, early stage, and late stage projects. They do this by leveraging their proprietary platforms in RNA chemistry, LNP formulation, and Process Technology.

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The company's proprietary platforms are designed to help drive new pipeline development or resolve manufacturing challenges for their partners. They have developed innovative LNP platforms tailored for specific routes of administration such as intravenous (IV), intra-tumoral (IT), and intramuscular (IM), which allows for better targeted biodistribution. This means that the medicine can be delivered more accurately to the target tissue.

Ethernabe's proprietary mRNA chemistry platform technology allows for sequence engineering of mRNA constructs. This ensures optimal mRNA translation efficiency and maximal mRNA stability. The sequence engineering can be adjusted to enable immune silent or immune-stimulatory mRNA. Additionally, constructs can be optimized for improved tissue specific expression.

Ethernabe's revenue is generated through their partnerships with pharma and biotech companies, as well as through the continuation of their pipeline products. These include IV administered HPC16+ cancer treatment and an intra-tumoral platform containing a proprietary immune-activating mix.

The company also has a cGMP accredited RNA production facility in Niel, Belgium, where they have over 5 years of GMP RNA production experience and more than 30 years of manufacturing research grade RNA.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Antwerp, Belgium
Employees
91
Open positions
None listed
Dealroom signal
31.2/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Genetics and genomics, Patient Care, Immune System, Spinout, Biotech and Pharma, mRNA Medicines, Horizon Europe, DT and LS, science-based
Business model
Manufacturing

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jul 2026 $0 — Valerio Therapeutics ↗
SERIES BOther financing Aug 2022 $43M $172M PMV · FundPlus · Kenneth Chien · Novalis Lifesciences ↗
Showing the latest 2 of 7 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

eTheRNA immunotherapies website traffic

Latest recorded traffic for eTheRNA immunotherapies is 4.3K monthly website visits, down 18.9% over the last three months. eTheRNA immunotherapies's team declined 1.1% over the past year.

Latest monthly visits4.3K 3-month web change-18.9% 1-year team growth-1.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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

16 investors on the cap table

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

Seed3 investors entered at this stage

  • IWT
  • The Institute for the Promotion of Innovation by Science and Technology in Flanders
  • European Commission

Series A11 investors entered at this stage

  • EQT Life Sciences
  • PMV
  • MVM Life Science Partners
  • Omega Funds
  • BNP Paribas Fortis
  • Boehringer Ingelheim Venture Fund
  • FundPlus
  • Novalis Lifesciences
  • Yijing Capital
  • Kenneth Chien
  • China Grand Pharmaceutical and Healthcare Holdings

Other known investors2 additional known investors

  • Valerio Therapeutics
  • Vrije Universiteit Brussel
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
4 countries with
team presence
🇧🇪 Belgium92.3%
🇺🇸 United States3.9%
🇳🇱 Netherlands1.9%
🇬🇧 United Kingdom1.9%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about eTheRNA immunotherapies 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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