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Lyon-based Brenus bags $12.6m in Series A extension, attracts first APAC investor
['Millie Nelson', 'Senior Editor', 'Partnering', 'Investment']
bioxconomy
Brenus has closed an €11 million ($12.6 million) extension to its Series A funding round, pushing the Lyon, France-based biotech's total capital raised to €38 million ($43.5 million) since inception.
The extension signals growing international investor confidence in the company's lead clinical-stage asset and immunotherapy platform.
The funding will support the continued development of STC-1010 (NCT06934538), the company's lead clinical-stage in vivo immunotherapy targeting microsatellite stable metastatic colorectal cancer (MSS mCRC).
According to the company, the investment reflects successful de-risking of STC-1010 while positioning Brenus's platform for multi-asset expansion beyond its initial program.
The funding round marks a significant milestone in Brenus’s geographic diversification.