- Headquarters
- Cantanhede
- Employees
- 11–50
- Founded
- 2025
- Business Model
- B2B
- Website
- mondegobio.com
- Total Funding
- $22.3M
- Last Round
- $2.3M Pre-SeedSep 2025
- Rounds
- 2
About
Mondego Bio is a Portuguese biotechnology company headquartered at Biocant, Portugal's main biotech park, developing best-in-class protein tyrosine phosphatase non-receptor type 2 (PTPN2) inhibitors as a novel immuno-oncology therapy with improved safety and tolerability. Founded in March 2025 by investment firms Biovance Capital, OrbiMed, and Torrey Pines Investment, the company advances lead programs originally developed at Eilean Therapeutics, targeting enhanced IFN-gamma signaling through the JAK-STAT pathway. In September 2025, Mondego Bio closed a Series A round led by Biovance Capital with co-investors OrbiMed and Torrey Pines.
Summary
Mondego Bio is a Biotech company based in Cantanhede, Portugal, founded in 2025. It has raised $22.3M in total across 2 rounds, most recently a $2.3M Pre-Seed round in Sep 2025. Investors include Biovance Capital, OrbiMed and Torrey Pines Investment.
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Funding History
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Sep 2025
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Pre-Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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