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Harness Therapeutics

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A private biotechnology company, headquartered in Cambridge-UK, focused on the development of a novel class of therapeutic RNAs

Babraham, United KingdomFounded 2020Biotech & Life Sciences
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Harness Therapeutics

Harness Therapeutics is a biotechnology firm concentrating on the development of treatments for neurodegenerative diseases. The company was founded in 2020 as Transine Therapeutics and is headquartered in Cambridge, UK. It was established by life science investors Takeda Ventures and The Dementia Discovery Fund (DDF), with Epidarex Capital joining as an investor in 2022. The company rebranded to Harness Therapeutics, broadening its focus from its initial IncRNA “SINEUP” platform to a wider range of oligonucleotide-based tools for physiological protein upregulation.

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The company's business model revolves around developing and advancing a pipeline of disease-modifying therapies for subsequent collaboration or licensing with larger pharmaceutical partners. The primary clients are patients suffering from debilitating neurodegenerative conditions with limited treatment options. Harness Therapeutics operates in the neurodegenerative disease market, with a focus on conditions like Huntington's Disease (HD), Amyotrophic Lateral Sclerosis (ALS), Alzheimer's Disease, and Parkinson's Disease. Revenue generation is anticipated through milestone payments from partnerships and eventual royalties on commercialized therapies.

Harness Therapeutics' core technology is its proprietary MISBA™ platform, which enables finely tuned, controlled increases in the expression of specific proteins. This is achieved by using mRNA-targeted oligonucleotides to modulate post-transcriptional protein synthesis. This method allows the company to pursue genetically validated targets that have been difficult to address with traditional therapeutic approaches like gene therapy. The lead program, HRN001, targets the FAN1 nuclease for Huntington's Disease. Genetic data suggests that higher levels of FAN1 can delay the onset and progression of HD by slowing down the expansion of CAG 'triplets', a key driver of the disease's pathology. The therapy is based on antisense oligonucleotide (ASO) technology designed to increase FAN1 levels in the brain. The company is also developing a second program for ALS and Alzheimer's and plans a third for Parkinson's Disease.

The leadership team includes CEO Dr. Jan Thirkettle, who has over 25 years of experience in pharmaceutical development, including leadership roles at Freeline Therapeutics and GSK. Dr. Andy Billinton serves as CSO, bringing more than 22 years of drug discovery experience from roles at Nodthera, MedImmune/AstraZeneca, and GSK. Dr. Heather Preston, a seasoned healthcare investor with over 30 years of experience as a scientist and physician, was appointed as Non-Executive Chair in January 2025. Keywords: neurodegenerative diseases, protein upregulation, oligonucleotide therapeutics, Huntington's Disease, FAN1 nuclease, MISBA platform, RNA biology, antisense oligonucleotide, CNS disorders, Takeda Ventures, Dementia Discovery Fund, Epidarex Capital, Cambridge biotech, physiological protein modulation, disease-modifying therapies, ALS, Alzheimer's Disease, Parkinson's Disease, translational medicine, post-transcriptional regulation

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Babraham, United Kingdom
Employees
5
Open positions
None listed
Dealroom signal
56.3/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Neurology, Genetics and genomics, RNA, Spinout, Biotech and Pharma, Rare Diseases, Hard Tech, DT and LS
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Nov 2023 $5.3M $90M Undisclosed ↗
SEED✓Equity / VC May 2022 $18M $72M Dementia Discovery Fund · Mary Canning · Epidarex Capital ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Harness Therapeutics website traffic

Latest recorded traffic for Harness Therapeutics is 130 monthly website visits, down 88.2% over the last three months. Harness Therapeutics's team grew 0% over the past year.

Latest monthly visits130 3-month web change-88.2% 1-year team growth0%
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Investments and acquisitions

Capital deployed

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

Investors

9 investors on the cap table

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

Seed6 investors entered at this stage

  • Dementia Discovery Fund
  • Takeda Ventures
  • SV Health Investors
  • Takeda
  • Epidarex Capital
  • Mary Canning

Other known investors3 additional known investors

  • International School for Advanced Studies (SISSA)
  • Italian Institute of Technology
  • Ono Venture Investment
Team profiled 6 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
🇬🇧 United Kingdom · Babraham HQ
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Market sentiment

Posts on X, past 7 days

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