Series A
2021
CEO
Chad Cowan
% Shareholding
23%
Stage
Pre-clinical
Number of employees
20+
Raised
$87m

Unless stated all financials at 30 September 2021

Clade website

Clade has been established with the aim of discovering and delivering scalable next generation induced pluripotent stem cell (iPSC)-derived medicines.

iPSCs are a type of pluripotent stem cell which can be generated directly from mature cells (such as those of the skin or blood). They hold great promise in the field of regenerative medicine, because they are able to multiply indefinitely, can be stored for long periods, and can produce tissue cells of any kind.

Clade’s work centres on its proprietary technology platform, which enables the immune “cloaking” of iPSCs. This means that when these cells are introduced to a patient, they are protected, or “cloaked”, from the individual’s own immune system. Potentially, this technology could allow for the creation of “off the shelf” treatments in donor derived cell therapies, which currently must engage with the challenge of introducing foreign cells to a patient without triggering a reaction from their own immune system. Clade is initially exploring the use of its iPSC technology in cancers, with a best-in-class approach to hypoimmunogenic engineering potentially allowing for a differentiated durability in response compared to other stem-cell based therapies.

The company is led by CEO Dr Chad Cowan, scientific co-founder of CRISPR Therapeutics and former Associate Professor at Harvard University in the Department of Stem Cell and Regenerative Biology, and Dr. Jim Glasheen, Chief Business Officer at Clade, co-founder of Atlanta Therapeutics and former general partner at Technology Partners Venture Capital. The company's leadership team have an unparalleled expertise in generating various different kinds of cells (including T, NK and B cells) from stem cells, helping to position Clade to be a leader in the iPSC space.

Investment opportunity

  • Harnessing the power of cloaking technology in iPSCs to deliver stem cell based therapies to patients
  • “Off the shelf” stem cell based therapies have potential to deliver practical and commercial benefits in cell therapeutics
  • Clade technology shows potential for greater persistence in response than first generation of allogeneic cell therapies

Unmet medical need

  • Undisclosed programmes are targeting indications with significant unmet clinical need

Key risks

  • Highly innovative concept in emerging space

The Clade pipeline

Research Pre-clinical Clinical
  • Undisclosed Programmes

Syncona team

Martin Murphy

Martin Murphy

Martin is Chief Executive Officer of Syncona Investment Management Ltd. He co-founded Syncona in 2012 alongside The Wellcome Trust. Since then, Martin has been closely involved in the foundation and development of seven Syncona companies, including: Achilles Therapeutics, Autolus, OMass Therapeutics, Quell Therapeutics, Anaveon, Resolution Therapeutics and Clade Therapeutics. He is Chairman of Que…
View Martin's biography
Position
Board member
Qualification
PhD
Freddie Dear

Freddie Dear

Freddie is a Partner of Syncona Investment Management Ltd. He has been closely involved with Quell Therapeutics where he spent a year as Director of Operations and serves as an Observer on the Board. Previously, he was a member of the Investment Team at the Wellcome Trust, which is responsible for the management of its £23 billion global investment portfolio. Freddie holds a degree in Biochemistry…
View Freddie's biography
Michael Kyriakides

Michael Kyriakides

Michael Kyriakides is a Partner of Syncona Investment Management Ltd. He works closely with Syncona portfolio companies Freeline Therapeutics, Gyroscope Therapeutics and Clade Therapeutics.  Previously, Michael was a member of the Life Sciences team at L.E.K. Consulting, where he worked in projects for pharmaceutical, biotech and private equity clients. Prior to joining L.E.K. Consulting, he was a…
View Michael's biography
Position
Board observer
Qualification
PhD

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