Electra Therapeutics
Pioneering next-generation immunology therapeutics.
South San Francisco, United States · Founded 2018 · $267.0M raised
- Headquarters
- South San Francisco, California
- Employees
- 11–50
- Founded
- 2018
- Business Model
- B2B
- Website
- electra-therapeutics.com
- Total Funding
- $267.0M
- Last Round
- $183.0M Series COct 2025
- Rounds
- 2
About
Electra Therapeutics is a clinical-stage biotechnology company in South San Francisco developing antibody therapies against signal regulatory proteins (SIRP) for immunological diseases and cancer. Lead candidate ELA026, a monoclonal antibody that targets SIRP on myeloid and T cells to deplete pathological immune cells, is advancing into a global pivotal Phase 2/3 study in secondary hemophagocytic lymphohistiocytosis (sHLH), a hyperinflammatory disease with no approved treatment. Founded in 2018 as the first company launched from Star Therapeutics, Electra raised an $84 million Series B in February 2022 and an oversubscribed $183 million Series C in October 2025 co-led by Nextech and EQT Life Sciences, with Sanofi, HBM Healthcare Investments, Mubadala Capital, and OrbiMed participating. Proceeds also fund expansion of ELA026 into hematologic cancers and a second SIRP program.
Summary
Electra Therapeutics is a Biotech company based in South San Francisco, United States, founded in 2018. It has raised $267.0M in total across 2 rounds, most recently a $183.0M Series C round in Oct 2025. Investors include EQT AB, Nextech Invest and Westlake Village BioPartners.
Tech & App Stack
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Funding History
Oct 2025
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Funding: Series B through Series C. Amounts, valuations, and investors where available.
Investors
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