Biotech
5 Early-Stage Cancer Immunotherapy Startups Rethinking Targeting
DealBio tracks early-stage cancer immunotherapy startups across Europe and North America. Here are 5 taking distinct routes into tumor immunity, from bacterial targets and oral inhibitors to viral and personalized therapies.
- Oncology
- Immuno-oncology
- Therapeutics
Cancer immunotherapy has moved far beyond a single treatment class. The opportunity now lies in solving specific reasons tumors resist immune attack, including local immune suppression, weak target recognition and the difficulty of concentrating treatment inside the tumor.
That is opening space for startups built around very different mechanisms. Some are targeting the tumor microenvironment, others are engineering delivery systems or personalized antigens. The common thread is greater precision in how immune activity is triggered and where it acts.
At a Glance
- BactheravaxNetherlands2025Targets tumor-associated bacteria
- Eris BiotechUnited States2023Blocks tumor immune-evasion signalling
- Granza BioUnited States2024Delivers targeted immune payloads
- Kopra BioUnited States2024Viral immunotherapy for brain tumors
- Nema HealthSpain2024Personalized neoantigen immunotherapy
Developing vaccines against tumor-associated bacteria to improve cancer treatment.
- Country
Netherlands- Founded
- 2025
- Sector
- Biotech
- Funding stage
- Seed or earlier
Why Bactheravax stands out
Bactheravax is attacking a source of treatment resistance that sits inside the tumor microenvironment rather than on the cancer cell itself. Its lead program targets Fusobacterium nucleatum, a bacterium associated with colorectal cancer progression, immune suppression and reduced treatment sensitivity.
The startup secured €350,000 from UNIIQ in 2026. Co-founder Dinja Oosterhoff previously helped advance a vaccine into Phase 1 testing, while Ivo Ploemen had negotiated more than $100 million in life-science licensing deals before Bactheravax.
What Bactheravax is building
Bactheravax is developing therapeutic vaccines designed to direct immune responses against bacteria living within tumors. The first program aims to reduce the influence of F. nucleatum in colorectal cancer and improve responsiveness to existing treatment.
The strategy creates an unusual immuno-oncology position: the therapeutic target is microbial, but the commercial endpoint is better cancer treatment.
Developing small-molecule drugs that stop tumors hiding from the immune system.
- Country
United States- Founded
- 2023
- Sector
- Biotech
- Funding stage
- Seed or earlier
- Founders
Why Eris Biotech stands out
Eris Biotech is developing an oral route into immuno-oncology. Rather than adding another immune stimulant, it is trying to stop tumors from releasing signals that suppress immune recognition. Memorial Sloan Kettering Cancer Center selected the startup for its 2025 Therapeutics Accelerator cohort.
The founders bring cancer-immunology research backgrounds, and Eris Biotech was also selected for Y Combinator's Winter 2024 batch. That combination gives the startup both a defined biological hypothesis and external drug-development validation.
What Eris Biotech is building
Eris Biotech develops small-molecule inhibitors intended to block the formation and release of tumor-derived extracellular vesicles that suppress immune activity. Its lead work begins in mesothelioma.
If the mechanism translates, the appeal is straightforward: an oral molecule could make tumors more visible to the immune system without requiring a patient-specific manufacturing process.
Reprogramming immunity to create target-specific medicines.
- Country
United States- Founded
- 2024
- Sector
- Biotech
- Funding stage
- Seed or earlier
Why Granza Bio stands out
Granza Bio is using a naturally occurring immune mechanism as a delivery platform. Its technology builds on attack particles released by cytotoxic immune cells, creating a route to package therapeutic cargo and direct it toward selected tissues.
The startup raised a $7.14 million seed round led by Felicis and Refactor Capital, with Y Combinator participating. Its scientific roots trace to research on attack particles at the University of Oxford.
What Granza Bio is building
Granza Bio is engineering protein shells that can carry therapeutic cargo, including RNA and proteins. Its cancer work uses synthetic attack particles designed to concentrate immune effects at selected disease targets.
The investment case therefore sits at the intersection of immunology and drug delivery: value depends not only on the payload, but on whether the platform can deliver it selectively enough to improve efficacy and safety.
Engineering viruses that teach the immune system to kill brain tumors.
- Country
United States- Founded
- 2024
- Sector
- Biotech
- Funding stage
- Seed or earlier
- Founders
Why Kopra Bio stands out
Kopra Bio combines viral delivery with local immune activation in one of oncology's hardest settings: glioblastoma. Its underlying research reported more than 90% long-term survival in treated mice, with surviving animals rejecting a later tumor challenge.
The startup raised $9.1 million in seed funding in June 2026. CEO Andrew Bartynski previously co-founded ANA Therapeutics, which was acquired by NeuroBo Pharmaceuticals, while Alexander Haddad was first author of the Nature Communications paper behind the platform.
What Kopra Bio is building
Kopra Bio is developing a replicating retroviral immunotherapy injected directly into tumors. Infected cancer cells produce an IL-15 superagonist, turning the tumor itself into a local source of immune stimulation. That local-production model is designed to solve two problems at once: distributing the therapy through dividing tumor tissue and limiting the need for broad systemic immune activation.
Developing a personalized neoantigen immunotherapy for advanced melanoma.
- Country
Spain- Founded
- 2024
- Sector
- Biotech
- Funding stage
- Seed or earlier
Why Nema Health stands out
Nema Health brings personalization to cancer vaccination. A €730,000 seed round was led by BCN Peptides, alongside a separate €335,000 NEOTEC grant, and the startup holds an exclusive licence to DIF peptide patents granted across six jurisdictions.
CEO Olga Rué Clarós previously led vaccine developer Archivel Farma for more than a decade, including clinical development of its RUTI tuberculosis vaccine. That operating history matters for a startup planning to build a preclinical package and then out-license.
What Nema Health is building
Nema Health is developing OncoNeoVac for advanced melanoma. The therapy combines patient-specific tumor neoantigens with DIF peptides derived from peripherin to provide individualized targets and stimulate an immune response.
The model is deliberately partnership-oriented: Nema Health plans to develop the preclinical evidence internally, then out-license the program for later-stage development and commercialization.
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Cancer immunotherapy is expanding its playbook
These five startups show how fragmented the next wave of cancer immunotherapy may become. Bactheravax targets bacteria inside tumors, Eris Biotech blocks an immune-evasion pathway, Granza Bio focuses on targeted immune delivery, Kopra Bio turns cancer cells into local producers of immune stimulation, and Nema Health builds a patient-specific antigen strategy.
The common opportunity is not simply stronger immune activation. It is more selective control over what is targeted, where treatment acts and which patients are most likely to benefit.
For investors, that makes mechanism quality, delivery precision and translational evidence central. The strongest platforms will need to show that biological specificity can translate into a clinically meaningful advantage over established immunotherapy.
Methodology
DealBio selected these startups from its coverage of early-stage health and longevity startups, focusing on those where cancer immunotherapy is central to the product and where the underlying mechanisms are meaningfully different. The selection spans microbial targets, immune-evasion inhibitors, targeted delivery, viral immunotherapy and personalized neoantigens.
DealBio builds its Startup Briefs using publicly available startup materials, ecosystem sources, market references and professional profiles.




