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Refuge Biotechnologies

Biotech & Life Sciences · Menlo Park, United States · Founded 2015

A discovery-stage therapeutic company focused on gene editing and genetic engineering of immune cells for cancer immunotherapy MoreLess

Refuge Biotechnologies operates as a preclinical-stage cancer immunotherapy company, founded in 2015. The company was established by a team that includes Dr. Bing C. Wang, who served as CEO, and Dr. Stanley Qi, a scientific founder from Stanford University whose work is central to the company's technological platform. Dr. Qi, a prominent bioengineer, pioneered the development of a nuclease-deactivated Cas9 (dCas9). This modified CRISPR system functions not as molecular scissors to cut DNA, but as a precise tool to either activate (CRISPRa) or interfere with (CRISPRi) gene expression. This innovation allows for the turning on or off of specific genes without making permanent alterations to the genetic code. Dr. Wang, a cancer survivor, brought nearly a decade of life science investment banking experience to the company, having served as a director at Barclays Capital.

The company's business model focuses on developing its proprietary cell therapies and forming strategic partnerships with larger pharmaceutical entities. A key milestone was the exclusive, worldwide license agreement announced in October 2022 with Kite, a Gilead Company. Under this agreement, Kite gained exclusive rights to use Refuge's gene expression platform to develop treatments for blood cancers, taking on all related R&D, manufacturing, and commercialization costs. In return, Refuge received an upfront payment and is eligible for performance-based milestone payments, while retaining all rights for programs related to solid tumor indications. The company has also engaged in collaborations, such as a 2021 agreement with The University of Texas MD Anderson Cancer Center to co-develop its RB-340 CAR T cell therapy and apply its platform to MD Anderson's tumor-infiltrating lymphocyte (TIL) programs.

Refuge Biotechnologies develops intelligent cell therapies, primarily CAR-T, designed to combat cancer more effectively. The core of its approach is the receptor-dCas platform, which engineers immune cells to sense their environment and react selectively. These therapeutic cells can be programmed to recognize specific antigens on cancer cells. Upon detection, the cells conditionally activate or repress multiple genes simultaneously. For example, a therapy could be designed to down-regulate the PD-1 gene—a common checkpoint inhibitor—only when the T-cell is near a tumor, thereby reducing T-cell exhaustion and increasing its cancer-fighting persistence specifically at the tumor site. This context-dependent system aims to create more potent treatments with fewer toxic side effects compared to first-generation cell therapies. While the company has explored treatments for both blood cancers and solid tumors, the recent partnership with Kite has delineated a focus, with Kite pursuing blood cancers and Refuge retaining solid tumor applications.

Keywords: cancer immunotherapy, cell therapy, synthetic biology, CRISPRi, CRISPRa, CAR-T, gene expression, dCas9, solid tumors, biologics development

Company overview

Refuge Biotechnologies company information

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

Status
Operational
Founded
2015
Headquarters
Menlo Park, United States
Employees
3
Open positions
None listed
Dealroom signal
62.3
client focusb2bclient focusb2csub industryBioTechnologysectorIntelligent Systemsbusiness modelManufacturingindustryHealthsectorBiotechnologysectorOncologysectorImmune SystemsectorSynthetic BiologysectorSpinoutsectorBiotech and PharmasectorDT and LSsectorscience-based

Valuation & funding

Refuge Biotechnologies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC May 2018 $25M $100M Ocean Pine Healthcare Fund · WuXi Healthcare Ventures · ShangBay Capital · 3SBio
SERIES AEquity / VC Jan 2016 $8.9M $36M Undisclosed
SPINOUTOther financing Jan 2015 $0 Stanford University
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 3
2025 4
2024 4
2023 5
2022 10
2021 17
2020 28
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Growth signals

Refuge Biotechnologies website traffic

Latest recorded traffic for Refuge Biotechnologies is 160 monthly website visits, down 33.3% over the last three months. Refuge Biotechnologies's team declined 25% over the past year.

Latest monthly visits160 3-month web change-33.3% 1-year team growth-25%
Monthly website visits64 observations · May 2017–Mar 2024
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Comparisons

Refuge Biotechnologies compared with similar companies

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Talent graph

Refuge Biotechnologies's talent

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Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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

11 investors on Refuge Biotechnologies's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 9 investors entered at this stage
Sequoia
Ocean Pine Healthcare Fund
WuXi Healthcare Ventures
ShangBay Capital
3SBio
HSG
3E Bioventures
DHVC (Danhua Capital)
Sangel Capital
Other known 2 additional known investors
Stanford University
DHVC

Global footprint

Where Refuge Biotechnologies has talent and traffic

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

In the news

Latest news about Refuge Biotechnologies

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Market sentiment

What the market is saying about Refuge Biotechnologies

An AI-synthesized read of the highest-engagement posts about Refuge Biotechnologies 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.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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