CanFite

IPO

Innovative drug development targeting the A3 adenosine receptor

Petah Tikva, Israel · Founded 1994 · $15.0M raised

Headquarters
Petah Tikva
Employees
11–50
Founded
1994
Business Model
B2B
Total Funding
$15.0M
Last Round
$15.0M Corporate RoundJul 2025
Rounds
1

About

Can-Fite BioPharma is an Israeli biopharmaceutical company with fully integrated pharmaceutical discovery and clinical development capabilities. The company has an advanced pipeline of proprietary drug candidates in Phase II and Phase III clinical development addressing oncology, inflammatory, and metabolic diseases. Can-Fite's platform technology utilizes the Gi protein-associated A3 adenosine receptor (A3AR) as a therapeutic target — highly expressed in inflammatory and cancer cells while showing low expression in normal cells, making it a unique pharmacological target. Founded in 1994 by Pnina Fishman and Ilan Cohn, Can-Fite is headquartered in Petah Tikva, Israel and is listed on both the Tel Aviv Stock Exchange (TASE:CFBI) and NYSE American (CANF).

Summary

CanFite is a Biotech company based in Petah Tikva, Israel, founded in 1994. It has raised $15.0M in total across 1 round, most recently a $15.0M Corporate Round round in Jul 2025. Investors include Giza Venture Capital.

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Funding History

Corporate RoundCorporate RoundJul 2025
$15.0M

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