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ENA Respiratory raises US$22.4m in Series B financing to fund Phase II development of INNA-051 nasal spray, with investments from Gates Foundation and Flu Lab.

PRIVATEOct 22, 2025

Amount Raised

$22.4 Million

Round Type

Series B

MelbourneBiotechnologyHealth CareTherapeuticsPharmaceutical

Investors

Stoic Venture CapitalUniseedBrandon CapitalFlu LabGates Foundation

Description

ENA Respiratory, a clinical-stage pharmaceutical company, has raised US$22.4m in its Series B financing to develop INNA-051 nasal spray for viral respiratory infections. The round saw participation from new investor Gates Foundation and others like Brandon Capital and Flu Lab. This funding will support a Phase II clinical study to assess the spray's efficacy and safety among participants. The study is set to recruit up to 1,100 participants during the 2025-2026 North American respiratory virus season.

Quick answer

ENA Respiratory raised $22.4 Million in a Series B round, dated October 22, 2025. Investors: Stoic Venture Capital, Uniseed, Brandon Capital, Flu Lab and Gates Foundation. ENA Respiratory is based in Melbourne, Victoria, Australia.

How much did ENA Respiratory raise?
ENA Respiratory raised $22.4 Million in a Series B round on October 22, 2025.
Who invested in ENA Respiratory?
Stoic Venture Capital, Uniseed, Brandon Capital, Flu Lab and Gates Foundation are named as investors in this round.
What does ENA Respiratory do?
ENA Respiratory is a clinical-stage pharmaceutical company focused on developing antiviral host defense immune enhancers.
Where is ENA Respiratory based and how big is it?
ENA Respiratory is based in Melbourne, Victoria, Australia. Fundz records about 10 employees.
Who are the decision-makers at ENA Respiratory?
Fundz holds 2 contacts at ENA Respiratory. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Pharmaceutical around the same time

Companies in the same sectors as ENA Respiratory that raised within 45 days of this round, from Fundz verified event records.

  • Axoltis Pharma raised $21M (Series A) on December 2, 2025.
  • Azora Therapeutics, Inc. (DE) raised $4.3M on November 28, 2025.
  • Pelthos Therapeutics raised $18M on November 6, 2025.
  • Acasti raised $4M (Funding Round) on October 23, 2025.
  • Minerva Neurosciences raised $200M (Funding Round) on October 21, 2025.
  • ISOThrive raised $8.1M on October 10, 2025.

Who to call at ENA Respiratory, and when

A new round usually means ENA Respiratory is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

ENA Respiratory

Location

Melbourne, Victoria, Australia

About

ENA Respiratory is a clinical-stage pharmaceutical company focused on developing antiviral host defense immune enhancers. Their products aim to boost the innate immune response to combat serious respiratory viral infections, especially in at-risk individuals. The company's lead product, INNA-051, is designed as a weekly nasal dry powder to mitigate complications from viral infections. ENA's solutions target both common and emerging respiratory viruses, addressing gaps in existing vaccines and antiviral treatments.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

ENA Respiratory raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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