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Ethris

Biotech & Life Sciences · Planegg, Germany · Founded 2009

Ethris is a technical innovator in the emerging field of messenger RNA therapeutics MoreLess

Ethris GmbH, a clinical-stage biotechnology company headquartered in Planegg, Germany, is focused on developing messenger RNA (mRNA) based therapeutics to address severe respiratory diseases. The company was founded in 2009 by Dr. Carsten Rudolph and Professor Christian Plank, emerging from their academic research at Munich University. Dr. Rudolph's work in gene therapy for cystic fibrosis at the Department of Pediatrics at Ludwig Maximilian University of Munich, combined with Prof. Plank's expertise in drug delivery systems from the Technical University of Munich, formed the company's scientific foundation. Their shared vision was to overcome the limitations of traditional gene therapy by harnessing the potential of mRNA.

Ethris' business model centers on the discovery, design, and development of transcript therapies. The company generates revenue through strategic partnerships, technology licensing, and advancing its own pipeline of drug candidates. Its primary strategy involves out-licensing its assets, like the ETH47 asthma program, and forming product-development partnerships with mid- to large-sized pharmaceutical companies. Ethris has secured significant funding, totaling over $31.3 million across several rounds from investors including the Gates Foundation, Laureus Capital, and the European Union. The company collaborates with major industry players like Thermo Fisher Scientific to provide integrated mRNA manufacturing solutions and with Lonza to develop spray-dried, room-temperature stable mRNA vaccines.

The core of Ethris' operations is its proprietary technology suite, designed to overcome key challenges in mRNA therapeutics such as instability and immunogenicity. This includes the Stabilized Non-Immunogenic mRNA (SNIM® RNA) platform, which modifies mRNA molecules to make them less likely to trigger an immune response, allowing for repeated dosing. Complementing this is the Stabilized NanoParticle (SNaP LNP®) delivery platform, a lipidoid nanoparticle system optimized for protecting and transporting mRNA to target cells, particularly in the respiratory tract. A key feature of their technology is a stabilizer that prevents nanoparticle aggregation during nebulization, enabling efficient delivery via inhalation and nasal sprays. This innovation also allows for lyophilization and spray-drying, creating stable, dry powder formulations that may eliminate the need for cold-chain logistics.

The company's therapeutic pipeline is focused on respiratory diseases and protein replacement therapies. Its lead candidate, ETH47, is an intranasally administered mRNA therapy designed to treat uncontrolled, virus-induced asthma by encoding for interferon lambda (IFNλ), a protein that strengthens the airway's antiviral defenses. Having successfully completed a Phase 1 trial that demonstrated safety and local target engagement without systemic exposure, ETH47 advanced to a Phase 2a clinical trial in August 2025. Other pipeline programs target rare diseases like primary ciliary dyskinesia (PCD) and pulmonary alveolar proteinosis (PAP). Ethris is also developing mucosal vaccines to provide a localized immune response in the respiratory tract.

Keywords: mRNA therapeutics, respiratory diseases, transcript therapies, inhaled mRNA, nebulization technology, SNIM RNA, SNaP LNP, lipid nanoparticles, asthma treatment, primary ciliary dyskinesia, drug delivery platform, clinical-stage biotechnology, gene therapy alternative, protein replacement therapy, antiviral immune modulator, mucosal vaccines, pandemic preparedness, dry powder mRNA, Carsten Rudolph, Christian Plank

Company overview

Ethris company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2009
Headquarters
Planegg, Germany
Employees
34
Open positions
None listed
Dealroom signal
62.5
sub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorSpinoutsectorDiseasesectorBiotech and PharmasectorHard TechsectorHorizon EuropesectorDT and LSsectorscience-basedclient focusb2b

Valuation & funding

Ethris funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing May 2025 $11M EU4Health
LATE VCOther financing Dec 2022 $16M $132M Cipla
SERIES BOther financing Feb 2022 $26M $105M Laureus Capital
GRANTOther financing May 2019 $0 Undisclosed
SERIES AOther financing Dec 2011 Undisclosed
SPINOUTOther financing Jan 2009 Ludwig Maximilian University of Munich
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $112K 0% 34
2025 $112K 0% 42
2024 $112K 0% 57
2023 $112K 0% 60
2022 $112K 0% 40
2021 $112K 0% 37
2020 $112K 37
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Growth signals

Ethris website traffic

Latest recorded traffic for Ethris is 2.6K monthly website visits, down 16.1% over the last three months. Ethris's team declined 19% over the past year.

Latest monthly visits2.6K 3-month web change-16.1% 1-year team growth-19%
Monthly website visits89 observations · Dec 2018–Jul 2026
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Hiring

Open positions at Ethris

Current openings linked to this company in Dealroom.

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Comparisons

Ethris compared with similar companies

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Talent graph

Ethris's talent

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Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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.

Investors

4 investors on Ethris's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
EU4Health
Series A 1 investor entered at this stage
Laureus Capital
Series B+ 1 investor entered at this stage
Cipla
Other known 1 additional known investor
Ludwig Maximilian University of Munich

Global footprint

Where Ethris has talent and traffic

Workforce by country
4 countries with
team presence
🇩🇪 Germany88.5%
🇺🇸 United States3.9%
🇳🇱 Netherlands3.9%
🇮🇳 India3.9%
4 countries shown

In the news

Latest news about Ethris

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Market sentiment

What the market is saying about Ethris

An AI-synthesized read of the highest-engagement posts about Ethris on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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