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§ Private Profile · Cambridge, United Kingdom
Storm Therapeutics is a technology company.
STORM Therapeutics is a clinical stage biotechnology company focused on discovering and developing novel small molecule therapies targeting RNA modifying enzymes for oncology and other diseases.
Storm Therapeutics has raised $69.0M across 4 funding rounds.
Storm Therapeutics has raised $69.0M in total across 4 funding rounds.
Storm Therapeutics has raised $69.0M across 4 funding rounds. Most recently, it raised $30.0M Series B in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2022 | $30M Series B | M Ventures | AbbVie Ventures, Hatteras Venture Partners, Innovation Capital, Seroba Life Sciences, Taiho Ventures, UTokyo Innovation Platform | Announced |
| May 1, 2019 | $18M Series A | — | AbbVie Ventures, Hatteras Venture Partners, Karista, M Ventures, Seroba Life Sciences, Soffinova Partners, Taiho Ventures, Cambridge Innovation Capital | Announced |
| Jan 1, 2018 | $5M Series A | — | Taiho Ventures | Announced |
| Jun 1, 2016 | $16M Series A | — | AbbVie Ventures, Hatteras Venture Partners, M Ventures, Cambridge Innovation Capital, Imperial Innovations | Announced |
STORM Therapeutics is a clinical-stage biotechnology company developing novel small-molecule therapies that target RNA-modifying enzymes (RMEs) to treat cancer, inflammation, viral infections, and central nervous system (CNS) diseases.[1][2] It serves the healthcare and pharmaceutical industries by creating first-in-class inhibitors, with its lead candidate STC-15 as the first RME inhibitor in human clinical trials, addressing unmet needs in oncology and beyond through precise RNA biology reprogramming.[1][2][3]
Founded in 2015 and based in Cambridge, UK, the company has raised $69.29M in funding, reaching Series B stage, with its last round of $30M two years ago.[1] STORM pioneered the field of epitranscriptomics—targeting over 150 RNA modifications and 300 RMEs as novel therapeutic targets—positioning it as a leader in RNA epigenetics with strong growth momentum via clinical advancement and recognition as a "Fierce 15" biotech.[2][3][7]
STORM Therapeutics emerged from pioneering academic research at the University of Cambridge, where its scientific founders discovered the critical role of RNA-modifying enzymes in diseases like cancer.[4] Officially founded in 2015 (with operations ramping up by 2016), the company built its platform from scratch, leveraging founders' biological insights into RMEs despite lacking pre-existing drug discovery tools.[1][3][4]
Key figures include CEO Tim Blundy, who emphasized close ties to founders' labs and STORM's unique ability to quantify RNA modifications at scale—capabilities no other entity matches.[3] Early traction came from filing 7 patents in areas like experimental cancer drugs and indoles, progressing STC-15 into clinical development as the first RME-targeting drug, marking a pivotal shift from research to therapeutic reality.[1][3]
STORM stands out in biotechnology through these key strengths:
Compared to peers like Accent Therapeutics (precision cancer therapies) or 858 Therapeutics (RNA modulation in oncology), STORM's RME focus and measurement expertise offer broader disease applicability.[1]
STORM rides the epitranscriptomics wave, a nascent field unlocking RNA's "second genetic code" beyond DNA/RNA dogma, with ~300 RMEs as untapped targets for precision medicine.[2][3] Timing is ideal amid RNA tech booms (e.g., mRNA vaccines), as cancer immunotherapy limitations—low response rates—drive demand for RME boosters, per recent analyses.[5]
Market forces favor STORM: rising oncology needs, faster clinical paths in cancer, and expanding indications like CNS/immune diseases, supported by Big Pharma investors signaling validation.[3][6] It influences the ecosystem by validating RME therapeutics, inspiring platforms like those of competitors, and advancing RNA analytics to de-risk biotech innovation.[1][3][7]
STORM's clinical momentum with STC-15 positions it for Phase II trials and pipeline expansion, potentially yielding breakthroughs in immunotherapy-resistant cancers and beyond.[2][5] Trends like AI-driven drug discovery and multi-omics integration will accelerate RME targeting, while partnerships with Merck/Pfizer could fast-track commercialization.[6]
Its influence may evolve from pioneer to category leader, reshaping biotech by proving RNA epigenetics' therapeutic breadth—echoing its founding vision of harnessing RNA's power from Cambridge labs to global clinics.[3][4]
Storm Therapeutics has raised $69.0M in total across 4 funding rounds.
Storm Therapeutics's investors include M Ventures (Merck), AbbVie Ventures, Hatteras Venture Partners, Innovation Capital, Seroba Life Sciences, Taiho Ventures, UTokyo Innovation Platform, Karista, Soffinova Partners, Cambridge Innovation Capital, Imperial Innovations.