TOLREMO therapeutics

Zurich, Switzerland Founded: 2017 • Age: 9 yrs
Anti-cancer small molecules are developed to target drug resistance pathways.
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About TOLREMO therapeutics

TOLREMO therapeutics is a company based in Zurich (Switzerland) founded in 2017 by Karl-Heinz Altmann, Emmanuel Savioz, Wilhelm Krek, Isaac Kobrin, and Stefanie Fluckiger-Mangual.. TOLREMO therapeutics has raised $55.81 million across 4 funding rounds from investors including Zurcher Kantonalbank, BioMedPartners and Altos Ventures Management. TOLREMO therapeutics offers products and services including TT125-802. TOLREMO therapeutics operates in a competitive market with competitors including Moderna, Jazz Pharmaceuticals, BridgeBio, BeiGene and Advanced Accelerator Applications, among others.

  • Headquarter Zurich, Switzerland
  • Founders Karl-Heinz Altmann, Emmanuel Savioz, Wilhelm Krek, Isaac Kobrin, Stefanie Fluckiger-Mangual
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tolremo Therapeutics Ag
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $55.81 M (USD)

    in 4 rounds

  • Latest Funding Round
    $39 M (USD), Series A

    Sep 20, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of TOLREMO therapeutics

TOLREMO therapeutics offers a comprehensive portfolio of products and services, including TT125-802. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Inhibits transcriptional resistance in cancer cells to enhance targeted therapies.

People of TOLREMO therapeutics
Headcount 1-10
Employee Profiles 4
Board Members and Advisors 3
Employee Profiles
People
Stefanie Flückiger-Mangual
CEO
People
Claudia Escher
COO
People
Florian Vogl
Chief Medical Officer

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Board Members and Advisors
people
Erich Greiner
Board Member
people
Michael Wacker
Board Member
people
Julie M Cherrington
Chair

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Funding Insights of TOLREMO therapeutics

TOLREMO therapeutics has successfully raised a total of $55.81M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $39 million completed in September 2023. 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 4
  • Last Round Series A — $39.0M
  • First Round

    (18 Sep 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Series A - TOLREMO therapeutics Valuation BioMedPartners
Jun, 2020 Amount Series A - TOLREMO therapeutics Valuation BioMedPartners , Altos Ventures Management
Sep, 2018 Amount Series A - TOLREMO therapeutics Valuation BioMedPartners
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 TOLREMO therapeutics

TOLREMO therapeutics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Zurcher Kantonalbank, BioMedPartners and Altos Ventures Management. 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
Institutional
Investor Description Founded Year Domain Location
Early to mid stage life sciences-focused VC firm investing in geographies such as Europe
Founded Year Domain Location
Early-stage companies are funded by this venture capital firm.
Founded Year Domain Location
Early-stage investments are directed toward ICT and health tech 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 TOLREMO 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 - TOLREMO 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

Tolremo Therapeutics Comparisons

Employees
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Competitors of TOLREMO therapeutics

TOLREMO 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 Moderna, Jazz Pharmaceuticals, BridgeBio, BeiGene and Advanced Accelerator Applications, 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.

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Novel biopharmaceutical medicines are developed for unmet medical needs.
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Therapeutics for genetic diseases are developed through targeted interventions.
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Targeted and immune-oncology drugs for cancer treatment are developed.
domain founded_year HQ Location
Radiopharmaceuticals for oncology diagnostics and therapies are developed and marketed.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
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 Tolremo Therapeutics

Frequently Asked Questions about TOLREMO therapeutics

When was TOLREMO therapeutics founded?

TOLREMO therapeutics was founded in 2017.

Where is TOLREMO therapeutics located?

TOLREMO therapeutics is headquartered in Zurich, Switzerland.

Who is the current CEO of TOLREMO therapeutics?

Stefanie Fluckiger-Mangual is the current CEO of TOLREMO therapeutics. They have also founded this company.

Is TOLREMO therapeutics a funded company?

TOLREMO therapeutics is a funded company, having raised a total of $55.81M across 4 funding rounds to date. The company's 1st funding round was a Series A of $9.38M, raised on Sep 18, 2017.

What does TOLREMO therapeutics do?

TOLREMO therapeutics was founded in 2017 in Zurich, Switzerland, within the biotechnology sector. Small molecules are developed by the company to address novel drug resistance pathways in cancer. A screening platform is utilized for identifying anti-drug resistance cancer therapies. Existing drugs are also combined to mitigate resistance development. Operations focus on oncology research and therapeutic innovation.

Who are the top competitors of TOLREMO therapeutics?

TOLREMO therapeutics's top competitors include Moderna, Jazz Pharmaceuticals and Advanced Accelerator Applications.

What products or services does TOLREMO therapeutics offer?

TOLREMO therapeutics offers TT125-802.

Who are TOLREMO therapeutics's investors?

TOLREMO therapeutics has 4 investors. Key investors include Zurcher Kantonalbank, BioMedPartners, Altos Ventures Management, and Redalpine.

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