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Eureka Therapeutics

Biotech & Life Sciences · Emeryville, United States · Founded 2006

Biotechnology company focuses on an immunotherapies for the treatment of cancer MoreLess

Eureka Therapeutics, founded in 2006 by Dr. Cheng Liu, is a clinical-stage biopharmaceutical company headquartered in Emeryville, California, concentrating on the development of T-cell therapies for cancer. The company's inception was driven by Dr. Liu's personal connection to medicine, with both parents being doctors, and his extensive academic and professional background, including a Ph.D. in Molecular Cell Biology from UC Berkeley and a role as a Principal Scientist at Chiron (now Novartis). Dr. Liu established the company with the goal of curing cancer, a vision that has attracted significant investment, accumulating over $196 million across several funding rounds.

The company's business model centers on developing its proprietary technology platforms and advancing a pipeline of therapeutic candidates, both independently and through strategic partnerships. Revenue is generated through these collaborations, which can involve technology licensing and co-development agreements with other pharmaceutical and biotech firms like Lyell Immunopharma, Imugene, and Porton Advanced. This dual approach of internal development and external collaboration allows the company to leverage its specialized technology while managing the financial risks associated with drug development.

Eureka's core technology includes two main platforms: the E-ALPHA® antibody discovery platform and the ARTEMIS® cell receptor platform. The E-ALPHA® platform is engineered to discover antibodies that can recognize intracellular cancer antigens, which are proteins found inside cancer cells and are typically inaccessible to conventional antibody therapies. The ARTEMIS® (Antibody Redirected T-cells with Endogenous Modular Immune Signaling) platform utilizes these antibodies to engineer a patient's own T-cells, enhancing their natural ability to find and destroy cancer cells. A key feature of ARTEMIS® T-cells is their potential for a better safety profile compared to conventional CAR-T therapies, showing a significant reduction in cytokine release syndrome (CRS) and neurotoxicity in preclinical studies.

The company is advancing a pipeline of T-cell therapies aimed at treating both solid tumors and hematologic malignancies. Key clinical programs include treatments for liver cancer, such as ET140203, which targets AFP-positive liver cancer in both adult and pediatric patients, and ECT204, which targets GPC3-positive liver cancer and has advanced to Phase II trials. The company has received Orphan Drug, Fast Track, and Rare Pediatric Disease designations for its liver cancer programs. Eureka's strategy also involves expanding its pipeline by licensing promising antibody targets from institutions like the National Cancer Institute (NCI) to address other cancers, including neuroblastoma.

Keywords: T-cell therapy, immunotherapy, oncology, solid tumors, liver cancer, ARTEMIS cell receptor platform, E-ALPHA antibody platform, Cheng Liu, clinical-stage biotechnology, cancer treatment, antibody discovery, hematologic malignancies, hepatocellular carcinoma, GPC3, AFP target, TCR-mimic, cell and gene therapy, biopharmaceutical, cancer research, immuno-oncology

Company overview

Eureka Therapeutics company information

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

Status
Operational
Founded
2006
Headquarters
Emeryville, United States
Employees
48
Open positions
None listed
Dealroom signal
46.3
sub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorOncologysectorAutoimmunesectorImmune SystemsectorBiotech and PharmasectorHard TechsectorDT and LSsectorscience-basedclient focusb2bclient focusb2c

Valuation & funding

Eureka Therapeutics funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jun 2023 $11M California Institute for Regenerative Medicine
DEBTDebt May 2023 $20M Undisclosed
SERIES EOther financing Mar 2020 $45M $180M Lyell Immunopharma
SERIES DOther financing Jan 2018 $60M $240M Acorn Pacific Ventures · GP Capital
SERIES COther financing Sep 2014 $21M $84M Majuven · Acorn Campus Ventures · Yuan Capital
EARLY VCOther financing Nov 2008 Acorn Campus Ventures
EARLY VCOther financing Aug 2007 Acorn Campus Ventures
SEEDOther financing Jan 2007 Undisclosed
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Growth signals

Eureka Therapeutics website traffic

Latest recorded traffic for Eureka Therapeutics is 270 monthly website visits, up 1250% over the last three months. Eureka Therapeutics's team grew 0% over the past year.

Latest monthly visits270 3-month web change+1250% 1-year team growth0%
Monthly website visits55 observations · Apr 2016–Apr 2024
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Comparisons

Eureka Therapeutics compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Biond BiologicsInnovative immunotherapies and a pioneering intracellular delivery for biologics for the treatment of patients Misgav Am, Israel Operational 35 $40M $85M
KAHR MedicalDeveloping an innovative and novel drug platform of immunotherapeutic bi-functional fusion proteins that harness the human immune system to target multiple cancer indications Jerusalem, Israel Operational
ISA PharmaceuticalsDeveloping rationally designed, fully synthetic immunotherapeutics against cancer and persistent viral infections Leiden, Netherlands Closed
CoridonCoridon develops DNA therapies for the prevention and treatment of viral infections, and therapeutic vaccines for the treatment of cancer Brand, Austria Operational
Cannabics PharmaceuticalsCannabics Pharmaceuticals Inc. (CNBX) is a U.S public company that is developing a platform that leverages novel drug-screening tools and AI Caesarea, Israel Operational
Changsen PharmaceuticalInnovative drug development for viral and autoimmune diseases China Operational
Bright Peak TherapeuticsDeveloping next-generation immunotherapies, focusing on the treatment of cancer and autoimmune diseases Basel, Switzerland Operational
Dren BioClinical-stage biopharmaceutical firm focused on developing novel antibody therapeutics to target pathogenic cells and disease-causing agents Foster City, United States Acquired
Showing 8 of the closest matchesCompare every metric →

Talent graph

Eureka Therapeutics's talent

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Team profiled 8 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.

Investors

7 investors on Eureka Therapeutics's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
California Institute for Regenerative Medicine
Series A 1 investor entered at this stage
Acorn Campus Ventures
Series B+ 5 investors entered at this stage
Majuven
Yuan Capital
Acorn Pacific Ventures
GP Capital
Lyell Immunopharma

Global footprint

Where Eureka Therapeutics has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Eureka Therapeutics

Recent press, funding announcements, and product moves mentioning Eureka Therapeutics — open to read from the original sources.

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Market sentiment

What the market is saying about Eureka Therapeutics

An AI-synthesized read of the highest-engagement posts about Eureka Therapeutics 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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