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Onchilles Pharma

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Cytotoxic therapies selectively killing cancer cells

San Diego, United StatesFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Onchilles Pharma and the history behind them.

About Onchilles Pharma

Onchilles Pharma is a private biotechnology company founded in 2017 by Lev Becker, Ph.D., and Court R. Turner, J.D. The company spun out of the University of Chicago based on Becker's research into a novel innate immune system mechanism. Becker, who serves as the Chief Scientific Officer, discovered that the protein neutrophil elastase (ELANE), released by immune cells called neutrophils, can selectively kill cancer cells while sparing healthy tissue. This discovery, first published in the journal *Cell*, forms the foundation of the company's therapeutic platform.

The company's primary business is the discovery and development of first-in-class biologic drug candidates that harness the ELANE pathway to induce cancer cell death and activate a systemic immune response. This dual mechanism of action aims to provide both immediate tumor destruction and long-term anti-tumor immunity. The lead drug candidate, N17350, is an injectable biologic designed for direct tumor administration. Preclinical studies have shown N17350 to be effective across more than 30 cancer cell lines and 15 in vivo models, including in tumors resistant to chemotherapy. Onchilles is also developing NEU-002, a version of the therapy designed for intravenous delivery. The company's business model is focused on advancing these candidates through clinical trials to prove their safety and efficacy, with the ultimate goal of commercializing a new class of cytotoxic cancer treatments. The therapies are being investigated for multiple solid tumor types, including breast, skin, lung, and head and neck cancers.

Onchilles Pharma has progressed through several funding rounds to finance its research and clinical development. In June 2021, the company closed a $7 million Series A round. More recently, in November 2025, it secured a $25 million Series A1 financing, bringing its total Series A funding to $40 million. This capital is allocated to advancing the N17350 program through clinical proof-of-concept, which is anticipated by the second half of 2026. A first-in-human trial for N17350 is planned to start in Australia, with U.S. patient enrollment expected in mid-2026.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
San Diego, United States
Employees
10
Open positions
None listed
Dealroom signal
72.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Oncology, Drug Development, Antibodies, Immune System, Spinout, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Nov 2025 $25M $100M Kennedy Lewis Investment Management · Lincoln Park Capital Fund · LYZZ Capital · InVivium Capital ↗
SERIES A✓Equity / VC Jun 2021 $7M $28M LYZZ Capital · University of Chicago’s Startup Investment Fund —
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Growth signals

Onchilles Pharma website traffic

Latest recorded traffic for Onchilles Pharma is 1.5K monthly website visits, down 16.7% over the last three months. Onchilles Pharma's team declined 9.1% over the past year.

Latest monthly visits1.5K 3-month web change-16.7% 1-year team growth-9.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

7 investors on the cap table

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

Seed1 investor entered at this stage

  • George Shultz Innovation Fund

Series A5 investors entered at this stage

  • LYZZ Capital
  • University of Chicago’s Startup Investment Fund
  • Kennedy Lewis Investment Management
  • Lincoln Park Capital Fund
  • InVivium Capital

Other known investors1 additional known investor

  • The University of Chicago
Team profiled 4 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Onchilles Pharma 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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