Candel Therapeutics
IPOPioneering Precision Viral Immunotherapy for Patients Fighting Solid Tumors
Public · Needham, United States · Founded 2020 · $180.0M raised
- Headquarters
- Needham, Massachusetts
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- candeltx.com
- Total Funding
- $180.0M
- Last Round
- $100.0M Venture RoundFeb 2026
- Rounds
- 3
- Type
- Public
About
Candel Therapeutics is a clinical-stage biopharmaceutical company developing off-the-shelf multimodal viral immunotherapies for solid tumors. Its platforms are designed to cause in-situ immunization by inducing tumor cell lysis and stimulating both innate and adaptive immune responses. Candel's investigational therapies target durable clinical benefit across multiple cancer indications, including prostate cancer, lung cancer, and glioblastoma.
Summary
Candel Therapeutics is a Biotech company based in Needham, United States, founded in 2020. It has raised $180.0M in total across 3 rounds, most recently a $100.0M Venture Round round in Feb 2026. Investors include Trinity Ventures.
Tech & App Stack
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Funding History
Feb 2026
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Venture Round through Corporate Round — per-round amounts, valuations, and who invested in each round.
Investors
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