E
eTheRNA immunotherapies
Biotech & Life Sciences · Antwerp, Belgium · Founded 2013
Messenger RNA immunotherapies for cancer and infectious diseases MoreLess
Ethernabe is a seasoned player in the RNA technology industry, boasting over three decades of experience. The company primarily serves pharmaceutical and biotech companies, both emerging and established, that have an interest in RNA therapeutics. Ethernabe's business model revolves around providing professional partnership and support for start-up, early stage, and late stage projects. They do this by leveraging their proprietary platforms in RNA chemistry, LNP formulation, and Process Technology.
The company's proprietary platforms are designed to help drive new pipeline development or resolve manufacturing challenges for their partners. They have developed innovative LNP platforms tailored for specific routes of administration such as intravenous (IV), intra-tumoral (IT), and intramuscular (IM), which allows for better targeted biodistribution. This means that the medicine can be delivered more accurately to the target tissue.
Ethernabe's proprietary mRNA chemistry platform technology allows for sequence engineering of mRNA constructs. This ensures optimal mRNA translation efficiency and maximal mRNA stability. The sequence engineering can be adjusted to enable immune silent or immune-stimulatory mRNA. Additionally, constructs can be optimized for improved tissue specific expression.
Ethernabe's revenue is generated through their partnerships with pharma and biotech companies, as well as through the continuation of their pipeline products. These include IV administered HPC16+ cancer treatment and an intra-tumoral platform containing a proprietary immune-activating mix.
The company also has a cGMP accredited RNA production facility in Niel, Belgium, where they have over 5 years of GMP RNA production experience and more than 30 years of manufacturing research grade RNA.
Keywords: RNA technology, Pharma and Biotech partnership, mRNA chemistry, LNP formulation, Process Technology, Biodistribution, Sequence Engineering, Pipeline Products, cGMP accredited, RNA production.
Company overview
eTheRNA immunotherapies company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2013
- Headquarters
- Antwerp, Belgium
- Employees
- 91
- Open positions
- None listed
- Dealroom signal
- 31.2
Valuation & funding
eTheRNA immunotherapies funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jul 2026 | $0 | — | Valerio Therapeutics | ↗ |
| SERIES BOther financing | Aug 2022 | $43M | $172M | PMV · FundPlus · Kenneth Chien · Novalis Lifesciences | ↗ |
| GRANTOther financing | Mar 2021 | $7.6M | — | European Commission | ↗ |
| SERIES BOther financing | Jun 2020 | $37M | $150M | EQT Life Sciences · PMV · Omega Funds · BNP Paribas Fortis | — |
| GRANTOther financing | Sep 2017 | $1.1M | — | The Institute for the Promotion of Innovation by Science and Technology in Flanders · IWT | ↗ |
| SERIES AOther financing | Mar 2016 | EQT Life Sciences · PMV · MVM Life Science Partners | — | ||
| SPINOUTOther financing | Jan 2013 | Vrije Universiteit Brussel | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $7.5M | 0% | −$3.1M | -42% |
| 2025 | $7.5M | 0% | −$3.1M | -42% |
| 2024 | $7.5M | 0% | −$3.1M | -42% |
| 2023 | $7.5M | +65.3% | −$3.1M | -42% |
| 2022 | $4.5M | +137.9% | −$3.1M | -69.5% |
| 2021 | $1.9M | +307% | −$1.8M | -95.8% |
| 2020 | $467K | — | −$4.1M | -876.3% |
Growth signals
eTheRNA immunotherapies website traffic
Latest recorded traffic for eTheRNA immunotherapies is 4.3K monthly website visits, down 18.9% over the last three months. eTheRNA immunotherapies's team declined 1.1% over the past year.
Comparisons
eTheRNA immunotherapies compared with similar companies
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Talent graph
eTheRNA immunotherapies's talent
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Investors
16 investors on eTheRNA immunotherapies's cap table
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Global footprint
Where eTheRNA immunotherapies has talent and traffic
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In the news
Latest news about eTheRNA immunotherapies
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Market sentiment
What the market is saying about eTheRNA immunotherapies
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