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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
sub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorOncologysectorGenetics and genomicssectorPatient CaresectorImmune SystemsectorSpinoutsectorBiotech and PharmasectormRNA MedicinessectorHorizon EuropesectorDT and LSsectorscience-based

Valuation & funding

eTheRNA immunotherapies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
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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.

YearRevenueGrowthEBITDAMargin
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%
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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.

Latest monthly visits4.3K 3-month web change-18.9% 1-year team growth-1.1%
Monthly website visits115 observations · Nov 2016–Jul 2026
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Comparisons

eTheRNA immunotherapies compared with similar companies

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Showing 8 of the closest matchesCompare every metric →

Talent graph

eTheRNA immunotherapies's talent

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Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

16 investors on eTheRNA immunotherapies's cap table

Sourced from Dealroom's funding and investor records.

Seed 3 investors entered at this stage
IWT
The Institute for the Promotion of Innovation by Science and Technology in Flanders
European Commission
Series A 11 investors entered at this stage
EQT Life Sciences
PMV
MVM Life Science Partners
Omega Funds
BNP Paribas Fortis
Boehringer Ingelheim Venture Fund
FundPlus
Novalis Lifesciences
Yijing Capital
Kenneth Chien
China Grand Pharmaceutical and Healthcare Holdings
Other known 2 additional known investors
Valerio Therapeutics
Vrije Universiteit Brussel

Global footprint

Where eTheRNA immunotherapies has talent and traffic

Workforce by country
4 countries with
team presence
🇧🇪 Belgium92.3%
🇺🇸 United States3.9%
🇳🇱 Netherlands1.9%
🇬🇧 United Kingdom1.9%
4 countries shown

In the news

Latest news about eTheRNA immunotherapies

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Market sentiment

What the market is saying about eTheRNA immunotherapies

An AI-synthesized read of the highest-engagement posts about eTheRNA immunotherapies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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