Fundraising Fox

Cartesian Therapeutics (NASDAQ: RNAC)

NASDAQ: RNAC

Watertown, US · Delaware corporation · 5 known investors

Cartesian Therapeutics is a clinical-stage biotechnology company developing mRNA-based cell therapies aimed at treating autoimmune diseases. It focuses on immunology and applies an mRNA platform to broaden the use of cell therapy for patients.

Founders & leadership

MK
Metin KurtogluFounder
CJ
Chris JewellExecutive
CBCarsten Brunn
Carsten BrunninPresident and CEO
EE
Emily EnglishExecutive
BD
Blaine DavisExecutive
SS
Stephen SmolinksiExecutive
LJ
Lloyd JohnstonExecutive
BD
Bradford D. DahmsExecutive
TK
Takashi Kei KishimotoExecutive
WC
Werner CautreelsNamed on SEC filing
DS
David SiewersNamed on SEC filing
DA
David AbrahamNamed on SEC filing

Investors · 5

Reported raises · per SEC filings

Form D private placements

$405.1M disclosed across 12 rounds · 2014–2024

$130MraisedJul 2024 · 22 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chris JewellExecutive Officer
  • Michael SingerDirector
  • Kemal MalikDirector
  • Carsten BrunnExecutive Officer, Director
  • Metin KurtogluExecutive Officer
  • Timothy C. BarabeDirector
  • Timothy A. SpringerDirector
  • Nishan de SilvaDirector
  • Patrick ZennerDirector
  • Emily EnglishExecutive Officer
  • Carrie S. CoxDirector
  • Blaine DavisExecutive Officer
  • Murat KalayogluDirector
  • Milos MiljkovicExecutive Officer
Offering amount
$130M
Amount sold
$130M
Sales commissions
$5M
First sale
Jul 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$60.3MraisedDec 2023 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy SpringerDirector
  • Metin KurtogluExecutive Officer
  • Aymeric SallinDirector
  • Milos MiljkovicExecutive Officer
  • Blaine DavisExecutive Officer
  • Timothy BarabeDirector
  • Murat KalayogluDirector
  • Patrick ZennerDirector
  • Michael SingerDirector
  • Nishan De SilvaDirector
  • Carsten BrunnExecutive Officer, Director
  • Carrie S. CoxDirector
  • Chris JewellExecutive Officer
Offering amount
$60.3M
Amount sold
$60.3M
First sale
Nov 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$25MraisedAug 2020 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen SmolinksiExecutive Officer
  • Lloyd JohnstonExecutive Officer
  • Carrie CoxDirector
  • Timothy SpringerDirector
  • Scott MyersDirector
  • Timothy BarabeDirector
  • Bradford D. DahmsExecutive Officer
  • Carsten BrunnExecutive Officer, Director
  • Takashi Kei KishimotoExecutive Officer
  • Goran AndoDirector
  • Patrick ZennerDirector
  • Aymeric SallinDirector
  • Elona KoganExecutive Officer
Offering amount
$25M
Amount sold
$25M
First sale
Jul 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$70MraisedJan 2020 · 26 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Elona KoganExecutive Officer
  • Stephen SmolinskiExecutive Officer
  • Amir NashatDirector
  • Scott Dunseth MyersDirector
  • Aymeric SallinDirector
  • Timothy SpringerDirector
  • Patrick ZennerDirector
  • Alison SchecterExecutive Officer
  • Timothy BarabeDirector
  • Carsten BrunnExecutive Officer, Director
  • Bradford DahmsExecutive Officer
  • Lloyd JohnstonExecutive Officer
  • Takashi Kei KishimotoExecutive Officer
  • Carrie CoxDirector
Offering amount
$70M
Amount sold
$70M
Sales commissions
$4.2M
Placement agents
Cantor Fitzgerald LP, Janney Montgomery Scott LLC, Canaccord Genuity LLC, Needham & Company
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.8MraisedSep 2019 · 10 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick ZennerDirector
  • Timothy SpringerDirector
  • Aymeric SallinDirector
  • Amir NashatDirector
  • Timothy BarabeDirector
  • Omid FarokhzadDirector
  • Alison SchecterExecutive Officer
  • Stephen SmolinskiExecutive Officer
  • Elona KoganExecutive Officer
  • Scott D. MyersDirector
  • Carsten BrunnExecutive Officer, Director
  • Lloyd JohnstonExecutive Officer
  • Takashi Kei KishimotoExecutive Officer
Offering amount
$5.8M
Amount sold
$5.8M
First sale
Aug 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$50MraisedJul 2017 · 11 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • David AbrahamExecutive Officer
  • Werner CautreelsExecutive Officer, Director
  • Earl SandsExecutive Officer
  • Omid FarokhzadDirector
  • Patrick ZennerDirector
  • Aymeric SallinDirector
  • Timothy SpringerDirector
  • Timothy C. BarabeDirector
  • Peter KellerExecutive Officer
  • Takashi Kei KishimotoExecutive Officer
  • David SiewersExecutive Officer
  • Lloyd JohnstonExecutive Officer
  • Amir NashatDirector
  • Peter Barton HuttDirector
Offering amount
$50M
Amount sold
$50M
Sales commissions
$2.6M
Placement agents
Stifel, Nicolaus & Company Incorporated
First sale
Jun 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedDec 2016 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter Barton HuttDirector
  • Takashi Kei KishimotoExecutive Officer
  • Amir NashatDirector
  • Aymeric SallinDirector
  • Carl GordonDirector
  • Omid FarokhzadDirector
  • Lloyd JohnstonExecutive Officer
  • Edwin M. Kania, Jr.Director
  • Timothy C. BarabeDirector
  • David SiewersExecutive Officer
  • Peter KellerExecutive Officer
  • Earl SandsExecutive Officer
  • Timothy SpringerDirector
  • Werner CautreelsExecutive Officer, Director
  • David AbrahamExecutive Officer
Offering amount
$5M
Amount sold
$5M
First sale
Dec 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$37.4MraisedSep 2015 · 19 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Takashi Kei KishimotoExecutive Officer
  • Aymeric SallinDirector
  • Lloyd JohnstonExecutive Officer
  • Amir NashatDirector
  • Omid FarokhzadDirector
  • Robert LangerDirector
  • Leysan ShaydullinaDirector
  • David AbrahamExecutive Officer
  • Peter KellerExecutive Officer
  • David SiewersExecutive Officer
  • Earl SandsExecutive Officer
  • Werner CautreelsExecutive Officer, Director
  • Edwin M. Kania, Jr.Director
  • Carl GordonDirector
  • George SiberDirector
  • Peter Barton HuttDirector
Offering amount
$40.6M
Amount sold
$37.4M
First sale
Aug 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Companies competing with Cartesian Therapeutics (NASDAQ: RNAC) for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2021$2M
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$2M
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$2M
National Institutes of Health (NIH)National Institutes of HealthPhase I2018$299K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Cartesian Therapeutics (NASDAQ: RNAC) do?
Cartesian Therapeutics is a clinical-stage biotechnology company developing mRNA-based cell therapies aimed at treating autoimmune diseases. It focuses on immunology and applies an mRNA platform to broaden the use of cell therapy for patients.
Who founded Cartesian Therapeutics (NASDAQ: RNAC)?
Cartesian Therapeutics (NASDAQ: RNAC) was founded by Metin Kurtoglu.
Who are Cartesian Therapeutics (NASDAQ: RNAC)'s investors?
Cartesian Therapeutics (NASDAQ: RNAC)'s investors include K2 HealthVentures, Maryland TEDCO, Schooner Capital, TEDCO, Polaris Partners.
How much funding has Cartesian Therapeutics (NASDAQ: RNAC) raised?
Cartesian Therapeutics (NASDAQ: RNAC) has disclosed $405.1M raised across 12 rounds.
Where is Cartesian Therapeutics (NASDAQ: RNAC) headquartered?
Cartesian Therapeutics (NASDAQ: RNAC) is headquartered in Watertown, US.