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Scarlet Therapeutics Raises £3.2m in Funding led by Eos Advisory to advance its RBC platform targeting metabolic diseases.

PRIVATEMay 11, 20263 months ago

Amount Raised

£3.2 Million

Round Type

Seed

Bristol

Investors

Daft CapitalOshen BioScvcEos Advisory

Description

Scarlet Therapeutics, a Bristol, UK-based biotechnology company developing red blood cell (RBC) therapies, raised £3.2M in funding. The round was led by new investor Eos Advisory, with participation from existing investor SCVC, and new investors Oshen Bio and Daft Capital. The company intends to use the funds to advance the first applications of its RBC platform, focusing on multiple metabolic diseases. Proceeds will support in vivo proof-of-concept studies, manufacturing development, and regulatory engagement.

Company Information

Company

Scarlet Therapeutics

Location

Bristol, England, United Kingdom

About

Scarlet Therapeutics is a biotechnology company based in Bristol, UK, specializing in the development of engineered red blood cell therapies. Founded in 2022, the company was born as a spin-off of the University of Bristol and the British National Health Service NHS Blood and Transplant. Scarlet Therapeutics aims to create donor-independent blood products targeting metabolic diseases and has potential applications in treating cancers and autoimmune diseases. The company is advancing its RBC platform through proof-of-concept studies and regulatory engagement.

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