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Synthekine
Biotechnology company focused on discovery and developing best in class cytokine therapeutics
About Synthekine
Synthekine is a biotechnology company focused on the development of engineered cytokine therapeutics designed to treat cancer and autoimmune diseases. Founded in 2018 by K. Christopher Garcia, Ph.D., a professor at Stanford University School of Medicine, the company's scientific foundation is built upon his extensive research into the structural biology of cytokines and their receptors. Garcia's work in resolving the 3D structures of numerous cytokine-receptor complexes has provided the insights to engineer these signaling proteins to be more selective, enhancing their therapeutic effects while minimizing toxicities. The company launched publicly in September 2020 with an $82 million Series A financing.
The core of Synthekine's business is its proprietary protein engineering platforms, which create modified cytokines with specific therapeutic actions. This approach addresses a long-standing challenge in medicine: naturally occurring cytokines are pleiotropic, meaning they can act on many different cell types and trigger a wide range of both beneficial and harmful effects. Synthekine designs cytokine partial agonists that are 'tuned' to activate specific immune cell pathways, thereby separating therapeutic efficacy from dose-limiting toxicities. The company's business model involves advancing its own pipeline of drug candidates through clinical trials and forming strategic partnerships with larger pharmaceutical companies for co-development and commercialization. A notable collaboration is a worldwide agreement with Sanofi to develop IL-10 receptor agonists for inflammatory diseases, which included a $40 million upfront payment to Synthekine.
Synthekine's pipeline includes several programs at various stages of development. Its lead immuno-oncology candidate, STK-012, is a selective partial agonist of Interleukin-2 (IL-2) designed to activate tumor-fighting T-cells without the severe side effects of existing IL-2 therapies. Another key program combines STK-009, an orthogonal IL-2 ligand, with SYNCAR-001, a CD19-targeting CAR-T cell therapy. This system is designed to selectively boost the activity and persistence of the CAR-T cells in the body, potentially leading to more durable responses in cancer patients. Beyond oncology, the company is exploring treatments for inflammatory and metabolic diseases with candidates like an IL-22 partial agonist. These programs are supported by substantial venture capital funding, including a $107.5 million Series B in 2021 and a $100 million Series C in 2023, enabling the advancement of its lead programs into clinical trials.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Menlo Park, United States
- Employees
- 60
- Open positions
- None listed
- Dealroom signal
- 29.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2023 | $100M | $538M | The Column Group | ↗ |
| SERIES BOther financing | Jun 2021 | $108M | $430M | Canaan · The Column Group · Omega Funds · RA Capital Management | — |
Growth signals
Latest recorded traffic for Synthekine is 5K monthly website visits, up 51.5% over the last three months. Synthekine's team declined 13% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
Canaan
Samsara BioCapital
The Column Group
DeerfieldJanus Henderson Investors
Omega Funds
RA Capital Management
Rock Springs Capital
Emerson Collective
Lilly Asia Ventures
TCGX
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Synthekine on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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