← Latest venture news

Athernal Bio launches with Β£3.5m in funding from Delin Ventures to develop therapies for blood cancer precursor conditions

πŸ”Ž
Athernal Bio
πŸ§‘
Colin Freund; Nirupa Desai; Ieuan Walker
πŸ’°
Β£3.5m
🌎
Cambridge, United Kingdom
Oct 2, 2025

Athernal Bio today announced its official launch alongside Β£3.5m funding from founding investor Delin Ventures. The company is focused on the development of targeted immunotherapies for high-risk clonal haematopoiesis (CH), a widespread cancer precursor condition which can lead to acute myeloid leukaemia (AML) and other haematological cancers. This new funding supports key preclinical milestones as Athernal Bio moves rapidly toward clinical trials in high-risk patient populations.

Founded by Nirupa Desai, MD, PhD, and Ieuan Walker, MD, and incubated by Delin, Athernal Bio is developing targeted immunotherapies for high-risk CH, a major driver of blood cancer risk. High-risk CH affects multiple vulnerable patient populations, including patients with inherited blood disorders, many cancer survivors, and the ageing population. CH is estimated to impact approximately 10–20% of people over the age of 65 and is increasingly recognised as a major driver of blood cancer risk.

The funding will enable Athernal Bio to advance its lead immunotherapy programme for patients with rare inherited blood disorders with the most aggressive and highly accelerated forms of CH. The investment will support in vivo proof-of-concept studies for CH treatment in preparation for an IND focused on this underserved patient group. These efforts will form the foundation for expanding into broader high-risk populations and support Athernal Bio’s mission to stop cancer before it starts.

Athernal Bio is pioneering the treatment of high-risk clonal haematopoiesis with targeted immunotherapies. This represents a meaningful shift in oncology, moving away from reactive treatment to proactive prevention. The funding allows us to advance into in vivo validation and accelerate our path toward the clinic.
Colin Freund, CEO
CH is a well-recognised precursor to blood cancer, but no targeted treatment options currently exist. Patients can often live for years under the weight of knowing their condition could progress to AML, without any way to intervene. Our goal is to develop an immunotherapy that directly targets high-risk CH, with the aim of stopping cancer before it starts.
Nirupa Desai, Co-founder & Chief Scientific Officer
Clonal haematopoiesis represents a pivotal yet underserved frontier in oncology and longevity. Delin is committed to supporting Athernal Bio because the science is compelling, patient need is urgent, and the potential clinical impact could be substantial. With an approach designed to intervene before cancer develops in high-risk patients, and a team experienced in drug development, Athernal Bio is well positioned to deliver the first targeted therapy in this emerging field and Delin is excited to continue to support it.
Jonathan Hay, Partner at Delin Ventures
POWERED BY
POWERED BY