About Can-Fite
Can-Fite is a company based in Petah Tikva (Israel) founded in 1994 by Pnina Fishman and Ilan Cohn. Can-Fite has raised $25.5 million across 19 funding rounds from investors including Chong Kun Dang Pharmaceutical, Giza Venture Capital and Yozma Group Korea. The company has 5 employees as of December 31, 2024. Can-Fite operates in a competitive market with competitors including Merck, AbbVie, Lilly, Roche and Novo Nordisk, among others.
- Headquarter Petah Tikva, Israel
- Employees 5 as on 31 Dec, 2024
- Founders Pnina Fishman, Ilan Cohn
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Can-Fite Biopharma Ltd.
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Annual Revenue
$682.83 K (USD)-8.95as on Dec 31, 2024
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Net Profit
-$8 M (USD)-3.6as on Dec 31, 2024
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EBITDA
-$8.25 M (USD)0.33as on Dec 31, 2024
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Total Equity Funding
$25.5 M (USD)
in 19 rounds
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Latest Funding Round
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Investors
Chong Kun Dang Pharmaceutical
& 3 more
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Employee Count
5
as on Dec 31, 2024
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IPO & Listings of Can-Fite
Can-Fite is a publicly listed company on the TASE with ticker symbol CANF in Israel, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Can-Fite
Can-Fite has successfully raised a total of $25.5M across 19 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 19
- Last Round Last Round
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First Round
First Round
(01 Mar 2001)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Post-IPO - Can-Fite | Valuation |
investors |
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| Aug, 2021 | Amount | Post-IPO - Can-Fite | Valuation |
investors |
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| Jul, 2020 | Amount | Post-IPO - Can-Fite | Valuation |
investors |
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Investors in Can-Fite
Can-Fite has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Chong Kun Dang Pharmaceutical, Giza Venture Capital and Yozma Group Korea.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in seed & early stage companies in Israel & the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Traditional Korean pharma company with a portfolio of immunosuppressants, anti-cancers and antibiotics
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Founded Year | Domain | Location |
Investments & Acquisitions by Can-Fite
Financial Statements - Can-Fite
Can-Fite Comparisons
Competitors of Can-Fite
Can-Fite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Merck, AbbVie, Lilly, Roche and Novo Nordisk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Pharmaceutical products are manufactured and marketed worldwide.
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| domain | founded_year | HQ Location |
Biopharmaceutical research and drug development are conducted globally by AbbVie.
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| domain | founded_year | HQ Location |
Traditional pharmaceutical medicines are developed for multiple health fields.
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| domain | founded_year | HQ Location |
Pharmaceuticals and diagnostics kits are developed for various diseases.
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| domain | founded_year | HQ Location |
Drugs for diabetes, obesity, hemophilia, and hormone therapy are manufactured.
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| domain | founded_year | HQ Location |
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed.
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Latest news on Can-Fite
Frequently Asked Questions about Can-Fite
Can-Fite was founded in 1994 and raised its 1st funding round 7 years after it was founded.
Can-Fite is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
Pnina Fishman is the current CEO of Can-Fite. They have also founded this company.
Can-Fite is a funded company, having raised a total of $25.5M across 19 funding rounds to date. The company's 1st funding round was a Post-IPO of $3.4M, raised on Mar 01, 2001.
As of Dec 31, 2024, the latest employee count at Can-Fite is 5.
Annual revenue of Can-Fite is $682.83K as on Dec 31, 2024.
Can-Fite was founded in 1994 and is headquartered in Petah Tikva, Israel. Operations are centered on the development of small molecule therapeutics targeting autoimmune-inflammatory diseases and cancer. Leadership is provided by co-founders Pnina Fishman as CEO and Ilan Cohn. Focus is placed on advancing drug candidates through preclinical and clinical stages in the biotechnology sector, with activities conducted primarily in Israel.
Can-Fite's top competitors include Merck, Roivant Sciences and Amgen.
Yes, Can-Fite is publicly traded on TASE under the ticker symbol CANF.
Can-Fite has 4 investors. Key investors include Chong Kun Dang Pharmaceutical, Giza Venture Capital, Yozma Group Korea, and Ascend Technology Ventures.
The ticker symbol of Can-Fite is CANF on TASE.