Fundraising Fox

Tribune Therapeutics AB

Founded 2020 · 15 employees on LinkedIn · 8 known investors

Tribune Therapeutics is a preclinical biopharmaceutical company developing medicines that target CCN protein family signaling (such as CCN2/CTGF) to block fibrotic pathways. Its lead candidate, TRX-44, aims to treat fibrotic diseases affecting organs such as the lungs and kidneys regardless of cause.

Also known as Tribune · Tribune Therapeutics

Founders & leadership

Tribune Therapeutics AB was founded in 2020 by Ole Kaasbøll.

OK
Ole KaasbøllCo-founder

Investors · 8

Also in the syndicate · 3

Innovestor's Life Science FundInnovestor’s Life Science FundInven2

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Tribune Therapeutics AB is a preclinical biotechnology company developing medicines intended to treat fibrosis regardless of its cause, affected tissue or diagnosis. Its approach targets downstream, tissue-agnostic regulators of scar formation and tissue remodelling, in particular members of the CCN family of signalling proteins that drive replacement of functional tissue with collagen and other connective material in organs such as the heart, kidneys, lungs and liver.

The lead program, TRX-44, is a protein therapeutic that mimics the structure and function of CCN5, an endogenous protein that blocks the pro-fibrotic effects of other CCN family members including CTGF/CCN2 and WISP1/CCN4 across multiple cell types involved in fibrotic pathology. The company positions this as an evolution beyond blocking individual CCN proteins or their upstream activator TGF-beta, with the aim of addressing a broader set of fibrotic diseases while avoiding toxicity seen with less targeted approaches. TRX-44 is in preclinical development for fibrotic conditions including idiopathic pulmonary fibrosis (IPF), and the company reports anti-fibrotic effects in animal models of both lung and kidney fibrosis. Additional programs targeting the CCN protein family are also being advanced.

Founding story

Tribune Therapeutics was founded in 2020 with funding from HealthCap and Novo Seeds; Novo Holdings has described the company as co-created in 2020 by its Seed Investments team together with HealthCap Ventures. The science originates from work at Oslo University Hospital by Professor Håvard Attramadal and co-founder Dr. Ole J. Kaasbøll, who began working in Attramadal's laboratory in 2011 and isolated the bioactive fragment of CCN2/CTGF that had eluded the field for nearly three decades, establishing systems for its production and developing what became TRX-44. The underlying discoveries were partially funded by the Novo Nordisk Foundation through a Pioneer Innovator Grant.

Business model

Biopharmaceutical research and development company advancing a proprietary pipeline of anti-fibrotic protein therapeutics from preclinical stage toward clinical trials, financed by venture capital.

Traction

Lead program TRX-44 is at preclinical stage with reported anti-fibrotic effects in lung and kidney fibrosis animal models; the 2025 Series A is intended to prepare TRX-44 for first clinical trials and advance additional CCN-targeting programs.

Latest developments

In March 2025 Tribune announced EUR 37 million in seed and Series A funding, including a EUR 23 million Series A led by LifeArc Ventures with Novo Holdings, HealthCap, Innovestor's Life Science Fund, Inven2, Industrifonden and Investinor. LifeArc Ventures cited the investment in its 2025 year-in-review, describing TRX-44 as a first-in-class CCN5-mimicking therapy targeting idiopathic pulmonary fibrosis.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Preclinical-stage entrant positioning its CCN5-mimetic approach against current standards of care for fibrotic disease, which the company describes as limited to symptom management or modest slowing of progression via inflammatory mediators or growth factors, and against prior strategies that block individual CCN proteins or upstream TGF-beta.

Technology

Protein therapeutics based on structure-function insights into the CCN family of signalling proteins. Lead candidate TRX-44 mimics CCN5, an endogenous inhibitor of pro-fibrotic CCN family members such as CTGF/CCN2 and WISP1/CCN4, and interferes with activated pro-fibrotic CCN domains to block fibrotic signalling; the company states this avoids the pharmacokinetic challenges of more limited approaches. Preclinical activity has been reported in animal models of lung and kidney fibrosis.

Go-to-market

Patients with fibrotic diseases of the lung, kidney, liver and other tissues, with idiopathic pulmonary fibrosis as an initial indication for TRX-44.

Geography

Based in Stockholm, Sweden and Oslo, Norway, with a registered address in Stockholm; scientific origins at Oslo University Hospital.

History

Founded in 2020 around CCN signalling research from Oslo University Hospital, the company was seeded by Novo Holdings and HealthCap. In March 2025 it disclosed that it had raised EUR 37 million in total across seed and Series A financing, including a EUR 23 million Series A led by LifeArc Ventures, with LifeArc's Chris Baker and Industrifonden's Jonathan Ilicki joining the board in conjunction with the round.

Risks & controversies

The company is preclinical, with TRX-44 not yet in clinical trials; the press materials note that prior, less targeted anti-fibrotic approaches have been hampered by toxic side effects.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee rangeFeb 202610-50
EmployeesJan 20261 people
HeadcountAug 202615
Series A amountMar 202523,000,000 EUR
Swedish organization numberJan 20265592811045
Total seed and Series A funding raisedMar 2025$37M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Mar 2025
Tribune Therapeutics raises EUR 37 million in seed and Series A funding

Tribune announced EUR 37 million raised in seed and Series A financing, including a EUR 23 million Series A led by LifeArc Ventures with seed investors Novo Holdings, HealthCap, Innovestor's Life Science Fund and Inven2, plus new Series A investors Industrifonden and Investinor. Proceeds are to prepare TRX-44 for clinical trials and advance additional CCN-targeting programs.

source ↗

Mar 2025
Chris Baker (LifeArc Ventures) and Jonathan Ilicki (Industrifonden) join the board

In conjunction with the Series A financing, LifeArc Ventures' Chris Baker, PhD and Industrifonden's Jonathan Ilicki, MD, MBA joined Tribune's board of directors.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Tribune Therapeutics AB do?
Swedish-Norwegian biotech developing CCN-family-targeting protein therapeutics, led by CCN5 mimic TRX-44, to treat fibrotic diseases.
Who founded Tribune Therapeutics AB?
Tribune Therapeutics AB was founded by Ole Kaasbøll in 2020.
Who are Tribune Therapeutics AB's investors?
Tribune Therapeutics AB's investors include HealthCap, Industrifonden, LifeArc Ventures, Investinor, Novo Holdings.