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# Indian biotech startup Immuneel Therapeutics raises $15 million in Series A
- URL: https://www.techloy.com/indian-healthtech-startup-immuneel-therapeutics-raises-15-million-in-series-a/
- Published: 2022-06-22T09:09:01.000Z
- Updated: 2022-12-08T01:42:32.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Biotech, Health Tech

[Immuneel Therapeutics,](https://immuneel.com/) an India-based biotech firm developing cell and gene therapies has raised $15 million in its Series A funding round co-led by Eight Road Ventures, True North, and F-Prime Capital. 

- The firm is working on developing its own pipeline of chimeric antigen receptor T-Cell (CAR-T) therapies and other cellular immunotherapies for management and treatment of cancer.
- The fund will be used to support the development of the pipeline and its improvement.
- It last raised $15 million from UHNI, a VC firm based in the US.