We are a spin out from the University of Santiago de Compostela, developing an entirely new treatment modality. Initially, we are concentrating on cancer, but with ambitions beyond this in the future.

Our lead drug is Ag5, which targets cancer mitochondria as a novel way to prevent cancer metastasis, treat drug resistant cancer and address the largest unmet need in oncology.

Completed 18 one day ago
179 investors
Investment achieved
571.450€
Target
500.000€
Invested
114.3%
114.3% INVESTED
This campaign was live:
From: 18 September 2024
Until: 09 January 2025
Maturity

Prototype/preclinical

Premoney valuation

10.342.098

Estimated exit

1BN€ (2030)

Sector

Biotechnology

Equity offered

4.6%

Minimum investment

800

España flag
Equity L
Tax deduction
close modal

Share this project on your website.

Copy and paste the following code into your content.

Overview: Arjuna Therapeutics

Valuation 10.342.098
Estimated return x50
% Offered 4.6%
Estimated exit 1BN€ (2030)

A pipeline of unique molecules for cancer treatment and beyond.

Our lead molecule Ag5 has a unique mechanism of action that specifically targets cancer mitochondria.

Ag5 has combinatorial efficacy with all treatment modalities including radiotherapy.

We have further molecules and non-cancer indications in our pipeline, making us more attractive as an acquisition target.

An experienced, excellent, international team of executives and collaborators.

Currently, around 30% of cancers have no curative treatment that can be offered at diagnosis. In most cancers, it is metastasis that kills patients whereas current therapies are largely targeted to the primary cancer. While therapies targeting abnormal proteins resulting from genetic mutations have proved successful, tumour evolution means that often response is temporary.

We are taking a different approach-targeting abnormal mitochondria rather than genetic mutations. Ag5, our first drug, targets tumour cells generating extremely high levels of reactive oxygen species (ROS), a very large group representing over 25% of all cancers including some of the most urgent unmet needs in medicine today, such as pancreatic cancer and glioblastoma multiforme. There are no curative treatments for these conditions, and very large numbers of patients.

We are developing the first-in-class of a novel therapeutic agent. Ag5 is the first of the TMC family of entirely novel small molecules which penetrate freely into tumours and across the blood brain barrier.

The cellular mechanism of Ag5 is novel, acting via mitochondrial synthetic lethality, demonstrating significant efficacy in mouse models of brain cancer and lung cancer (specifically KRAS mutant non-small cell lung cancer -NSCLC-) while exhibiting a low level of toxicity to the host animal. The reason for this is that Ag5 is only active in cells generating high levels of ROS in conjunction with high levels of antioxidants-a phenotype, found only in a proportion of cancers and absent in non-cancerous cells. Furthermore, our agents are extremely stable at room temperature and orally bioavailable, meaning they are practical to treat a large number of patients. Multiple peer-reviewed academic publications relating to this technology have been published (and more are pending) by our scientific team.

In the long run, our aim is to make solid tumours (such as non-small cell lung cancer, pancreatic and glioblastoma) into chronic, survivable conditions by using Ag5 to target cancer metastasis.

Furthermore, radiotherapy is a component of at least 50% of curative treatment regimens and has remained essentially unchanged technically for the last two decades. A medication which sensitises cancer cells to boost the effects of radiation while protecting vital nearby structures will very rapidly become the standard of care for multiple cancers and will transform clinical practice globally. In fact, we have demonstrated that with Ag5 – the agent is able to increase the effect of radiotherapy specifically in tumour cells allowing lower radiation doses and preventing resistance of the cancer to radiotherapy treatment.

When fully executed, Ag5 will be one of the most valuable cancer medications.

We can now manufacture Ag5 at scale and pharmaceutical purity. We are raising a bridge round to allow us to determine optimal dosing in animal models to enable a Series A round to commence clinical testing in human patients. 

Why is Capital Cell investing in this company?

Arjuna Tx is possibly one of the most ambitious scientific projects to have passed through the Capital Cell platform. Nearly 20 years of research in medicine and materials physics have culminated in the creation of TMCs (Therapeutic Molecular Clusters), a type of molecule that could not form naturally and possesses remarkable properties.

These molecules, made up of a few metallic atoms bonded very stably, have demonstrated in both in vitro and in vivo tests to be ideal killers of tumor cells. They are highly selective, causing minimal damage to healthy cells, have great diffusion capacity, and can penetrate solid tumours or cross the blood-brain barrier to reach the brain. Moreover, the body eliminates them easily, allowing for high doses to be administered without causing side effects.

The potential of this technology is enormous and has attracted a team of professionals from around the world, including entrepreneurs who have founded (and sold) biotech startups in California, Munich, London, and Zurich, as well as global opinion leaders like Martin Page (former global head of Oncology at Johnson & Johnson) and Dr. Rafael Rossell, a world authority on lung cancer.

A product like TMCs could represent a revolution in cancer treatment, and the value of Arjuna when it reaches the market could be astronomical-estimates point to values exceeding $1 billion, potentially offering a 50x return for investors in this round.

Minimum investment: 800
Type of exit expected: Sale to big pharmaceutical companies
Drag-along rights
Tag-along rights
Tax deductions
Main risks

The project is still in its early stages: it has shown great efficacy and almost zero toxicity in tests on mice, but the product still needs to be developed into a drug and tested on humans. It therefore has the implicit risk of any technological development, in this case an ambitious and very complex development.

On the other hand, the development of a product like this will require a lot of money, more rounds of investment will be needed - and much larger than this one. The team is well connected internationally and it probably wouldn't be difficult to raise these rounds with foreign funds, but the global financial situation can always affect it.