Danish biotech nabs Novo Holdings support in seed round for complement platform
Novo Holdings is pitching in to Commit Biologics’ seed funding for its research on “supercharging” antibodies to turn on the complement system, an approach that could potentially lead to treatments for blood cancer and autoimmune diseases.
The €16 million ($17 million) raise, led by Novo Holdings and Bioqube Ventures, will help accelerate development of Commit’s so-called Bispecific Complement Engaging (BiCE) platform. The funds should offer a runway through the start of 2026, Commit Biologics CEO Krishna Polu told Endpoints News in an interview.
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