Cure51 Raises 15 Million Euros in a Round Led by Sofinnova Partners

The French biotechnology company Cure51 has raised these funds in a round led by Sofinnova Partners, with the participation of Hitachi Ventures, Life Extension Ventures, the French telecommunications magnate Xavier Niel and Olivier Pomel, CEO and co-founder of Datadog.

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Cure51 uses computational models to understand the biological mechanisms responsible for exceptional survival cases

The objective of the Cure51 is to analyze the molecular processes that explain how there are cancer patients who survive for very long periods of time despite having very aggressive forms of the disease.

Cure51 was created in 2022 by Simon Istolainen and Nicolas Wolikow together with Paloma Cejas, a researcher at the Madrid La Paz Hospital and the Dana Farber Center in Boston, with the support of the Vall d’Hebron Institute of Oncology, the Gustave Roussy Institute, the Center León Bérard and the Charité Universitätsmedizin .

Specifically, the funding obtained will be used to treat, above all, pancreatic adenocarcinoma, small cell lung cancer and glioblastoma. To do this, Cure51 uses molecular techniques and collaborates closely with cancer centers around the world . The company is investigating how to leverage this new knowledge base for precision medicine and develop new drugs.

Sofinnova Partners currently manages 2.5 billion euros in investments

The French company works with a data collection system that it obtains through collaboration agreements with fifty medical centers with which it has built a multimodal and multiomics database of atypical patients based on their long survival.

From this database, Cure51 uses computational models to understand the biological mechanisms responsible for exceptional survival cases among patients. It does this by identifying and validating targets that can act on these interactions, which should lead to successful treatments.

Sofinnova Partners is a European venture capital firm founded in 1972 specialized in life sciences, health and sustainability with offices in Paris, London and Milan. In all its years of existence it has supported more than 500 companies. Today it manages more than 2.5 billion euros in investments.

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First published in PlantaDoce. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.

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