Caldera Therapeutics

Leading the march to IBD bispecifics

Boston, United States · Founded 2025 · $112.5M raised

Employees
1–10
Founded
2025
Business Model
B2B
Total Funding
$112.5M
Last Round
$37.5M Series AJan 2026
Rounds
2

About

Caldera Therapeutics is a clinical-stage biotechnology company founded in 2025 and headquartered in Massachusetts, developing CLD-423, a first-in-class bispecific antibody targeting the IL-23p19 and TL1A pathways for the treatment of inflammatory bowel disease (IBD) and other immunologic conditions. The company was built around a senior leadership team with deep IBD drug development experience, including CEO Praveen Tipirneni, formerly of Morphic Therapeutic. Caldera licensed CLD-423 from a Chinese partner and launched with $112.5 million in total funding from top biotech investors including Atlas Venture, LAV, venBio, Omega Funds, Wellington Management, and Janus Henderson. A Phase 1 healthy volunteer trial of CLD-423 is currently ongoing.

Summary

Caldera Therapeutics is a Biotech company based in Boston, United States, founded in 2025. It has raised $112.5M in total across 2 rounds, most recently a $37.5M Series A round in Jan 2026. Investors include Omega Funds, Atlas Venture and Wellington Management.

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Funding History

Series ASeries AJan 2026
$37.5M

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