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Selecta Biosciences

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Pioneering RNA cell therapy for autoimmune disease

Watertown, United StatesFounded 2008Biotech & Life Sciences
Valuation $82M Market cap · 2026
Revenue $2.8M Latest reported FY

About Selecta Biosciences

Selecta Biosciences, now operating as Cartesian Therapeutics following a strategic merger in November 2023, is a clinical-stage biotechnology firm at the forefront of RNA cell therapy for autoimmune diseases. The company was originally founded in 2008 by a distinguished team including MIT's Dr. Robert Langer, Harvard Medical School's Dr. Omid Farokhzad and Dr. Ulrich von Andrian, and the company's CSO, Dr. Takashi Kei Kishimoto. The founders' extensive expertise in drug delivery and immunology laid the groundwork for the company's core technology. Initially, Selecta focused on developing antigen-specific immunotherapies based on its ImmTOR platform, designed to mitigate unwanted immune responses to biologic drugs. A significant milestone in its history was the strategic decision to merge with Cartesian Therapeutics, a move that shifted the combined entity's focus entirely to Cartesian's promising RNA-engineered cell therapy pipeline.

The company's business model centers on the development and commercialization of novel cell therapies. Its primary market is the treatment of various autoimmune disorders, a segment with significant unmet medical needs. The lead asset in its portfolio is Descartes-08, an autologous anti-BCMA RNA-engineered Chimeric Antigen Receptor T-cell (rCAR-T) therapy. Unlike conventional DNA-based CAR-T therapies, Descartes-08 is designed to be administered without the need for harsh, lymphodepleting chemotherapy, potentially offering a safer treatment profile for patients. This therapy is currently being evaluated in clinical trials for myasthenia gravis, a chronic autoimmune neuromuscular disease, with potential applications in other autoimmune indications like lupus and vasculitis. The merger has positioned the new Cartesian Therapeutics to leverage Selecta's public company infrastructure and resources to accelerate the clinical development of its RNA cell therapy candidates, aiming to provide transformative treatments for patients with debilitating autoimmune conditions.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2008
Headquarters
Watertown, United States
Listing
IPO 2016
Sector
Biotech & Life Sciences
Power Law
Thoroughbred$100M+ revenue

Investors

9 investors on the cap table

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

Seed2 investors entered at this stage

Series A2 investors entered at this stage

  • +ND Capital
  • Nano Dimension

Series B and later5 investors entered at this stage

  • OrbiMed
  • Rusnano
  • Osage University Partners
  • Sanofi-Genzyme BioVentures
  • Ridgeback Capital
Team profiled 18 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
Web traffic by country
60 monthly visits
across markets
🇺🇸 United States2666.7%
Top 1 markets shown

Patents

Estimated portfolio value
$139M

34 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Selecta Biosciences 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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