Capstan Therapeutics

Acquired

In vivo engineering of cells through targeted lipid nanoparticles.

San Diego, United States · Founded 2021 · $340.0M raised

Headquarters
San Diego
Employees
51–200
Founded
2021
Business Model
B2B
Website
abbvie.com
Total Funding
$340.0M
Last Round
$175.0M Series BMar 2024
Rounds
3
Acquired by
AbbVieJun 2025

About

Capstan Therapeutics is a San Diego-based biotechnology company founded in 2021 as a Penn spinout. The company developed in vivo CAR-T cell therapies using targeted lipid nanoparticles (CellSeeker™ LNPs) to engineer T cells inside the body for treating autoimmune diseases and cancer. Capstan was acquired by AbbVie in 2025 for $2.1 billion upfront.

Summary

Capstan Therapeutics is a Biotech company based in San Diego, United States, founded in 2021. It has raised $340.0M in total across 3 rounds, most recently a $175.0M Series B round in Mar 2024. Investors include AbbVie Ventures, Pfizer Ventures and Novartis Venture Fund.

Funding History

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AcquisitionJun 2025
$2.1B

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