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Pneumagen

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Intranasal antiviral for broad-spectrum respiratory infection prophylaxis

St Andrews, United KingdomFounded 2016Biotech & Life Sciences
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Pneumagen and the history behind them.

About Pneumagen

Pneumagen is a clinical-stage biotechnology company spun out from the University of St Andrews in 2016. The company was co-founded by CEO Douglas Thomson, who has a background in infectious disease vaccine development, and Thomas Engelen, who has experience in life sciences and private equity-backed investments. Pneumagen is focused on developing Neumifil, a broad-spectrum, intranasal antiviral for the prophylaxis and treatment of a wide range of viral respiratory tract infections (RTIs).

The company's core technology is its proprietary GlycoTarge™ platform, which develops glycan-targeted carbohydrate-binding modules (mCBMs). This technology works by masking sialic acid receptors on host cells within the respiratory tract, which prevents viral pathogens from entering and establishing an infection. This mechanism targets the host rather than the virus, potentially reducing susceptibility to viral resistance. The lead product, Neumifil, is an engineered multivalent Carbohydrate Binding Module (mCBM) delivered as a self-administered nasal spray.

Pneumagen's primary clients are patients with chronic respiratory diseases, such as Chronic Obstructive Pulmonary Disease (COPD), who are at high risk of virus-induced exacerbations. Preclinical and clinical studies have shown Neumifil's efficacy against various viruses, including Influenza Virus, Respiratory Syncytial Virus (RSV), and coronaviruses. A Phase 2 human challenge study demonstrated that Neumifil significantly reduced the incidence and severity of symptomatic influenza infection compared to a placebo. The company has raised significant funding, including a Series A round and an £8 million financing in June 2023, to advance Neumifil through further clinical trials, with a Phase 2b study planned for 2024.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
St Andrews, United Kingdom
Employees
13
Open positions
None listed
Dealroom signal
77.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, Hard Tech, DT and LS, uk is8 life sciences, UKSU, UKSU2010, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jun 2026 $34M $136M RA Capital Management ↗
EARLY VCOther financing Jun 2023 $11M $42M Thairm Bio Family Office · Scottish Enterprise Growth Investments · Esperante Ventures ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Pneumagen website traffic

Latest recorded traffic for Pneumagen is 1.4K monthly website visits, up 105.9% over the last three months. Pneumagen's team grew 8.3% over the past year.

Latest monthly visits1.4K 3-month web change+105.9% 1-year team growth+8.3%
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

5 investors on the cap table

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

Series A3 investors entered at this stage

  • Thairm Bio Family Office
  • Scottish Enterprise Growth Investments
  • Esperante Ventures

Series B and later1 investor entered at this stage

Other known investors1 additional known investor

  • University of St. Andrews
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
3 countries with
team presence
🇬🇧 United Kingdom80%
🇺🇸 United States10%
🇲🇦 Morocco10%
3 countries shown

Market sentiment

Posts on X, past 7 days

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