Celeris Therapeutics

Graz, Austria Founded: 2020 • Age: 6 yrs
An AI-driven degrader platform for drug discovery is developed.
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About Celeris Therapeutics

Celeris Therapeutics is a company based in Graz (Austria) founded in 2020 by Christopher Trummer and Jakob Hohenberger.. Celeris Therapeutics has raised $4.4 million across 2 funding rounds from investors including i&i Bio, Pace Ventures and APEX Ventures. Celeris Therapeutics operates in a competitive market with competitors including Relay Therapeutics, Atomwise, Genesis Therapeutics, Unnatural Products and neoX Biotech, among others.

  • Headquarter Graz, Austria
  • Founders Christopher Trummer, Jakob Hohenberger
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.4 M (USD), Seed

    Feb 10, 2022

  • Investors
    i&i Bio

    & 4 more

  • Employee Count
    Employee Count
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People of Celeris Therapeutics
Headcount 10-50
Employee Profiles 3
Board Members and Advisors 7
Board Members and Advisors
people
Peter Ho
Director

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Funding Insights of Celeris Therapeutics

Celeris Therapeutics has successfully raised a total of $4.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.4 million completed in February 2022. 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 Rounds 2
  • Last Round Seed — $4.4M
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Seed - Celeris Therapeutics Valuation i&i Bio
Mar, 2021 Amount Seed - Celeris Therapeutics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Celeris Therapeutics

Celeris Therapeutics has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include i&i Bio, Pace Ventures and APEX Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage venture capital investments are made by Pace Ventures.
Founded Year Domain Location
Venture capital funding is offered for deep-tech and medical startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Celeris Therapeutics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Celeris Therapeutics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Celeris Therapeutics Comparisons

Employees
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Competitors of Celeris Therapeutics

Celeris Therapeutics 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 Relay Therapeutics, Atomwise, Genesis Therapeutics, Unnatural Products and neoX Biotech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Drug discovery platform is developed to study protein motion.
domain founded_year HQ Location
AI-driven platform for structure-based drug discovery is provided.
domain founded_year HQ Location
Computational platform for AI-driven small molecule drug discovery is developed.
domain founded_year HQ Location
Peptides are engineered via computational biology for undruggable targets.
domain founded_year HQ Location
Protein-protein interactions are researched and characterized to aid drug discovery.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Celeris Therapeutics

Frequently Asked Questions about Celeris Therapeutics

When was Celeris Therapeutics founded?

Celeris Therapeutics was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Celeris Therapeutics located?

Celeris Therapeutics is headquartered in Graz, Austria. It is registered at Graz, Styria, Austria.

Who is the current CEO of Celeris Therapeutics?

Christopher Trummer is the current CEO of Celeris Therapeutics. They have also founded this company.

Is Celeris Therapeutics a funded company?

Celeris Therapeutics is a funded company, having raised a total of $4.4M across 2 funding rounds to date.

What does Celeris Therapeutics do?

Celeris Therapeutics was founded in 2020 in Graz, Austria, within the biotechnology sector. An AI-driven platform is utilized by the company to enable degradation of undruggable protein targets through methods such as PROTACs and molecular glues. Operations involve computer-based drug design and discovery, supported by the One cloud platform, which facilitates targeted therapeutic development for specific biological challenges.

Who are the top competitors of Celeris Therapeutics?

Celeris Therapeutics's top competitors include Atomwise, Genesis Therapeutics and Unnatural Products.

Who are Celeris Therapeutics's investors?

Celeris Therapeutics has 5 investors. Key investors include i&i Bio, Pace Ventures, APEX Ventures, R42 Group, and Longevitytech.fund.

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