On March 17, 2026 iDEL Therapeutics reported the closing of a EUR 9 million seed financing, establishing its operations and leadership team. The company is pioneering a pipeline of cancer therapeutics that are delivered directly into the cytosol of tumor cells. iDEL’s new approach is compatible with both large and small molecules and aims to unlock historically undruggable intracellular targets and broaden therapeutic windows across cancer indications. The financing was led by BiomedVC with participation from NRW.Venture, Gründerfonds Ruhr and the KHAN Technology Transfer Fund II.
Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:
Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing
Schedule Your 30 min Free Demo!
The proceeds will be used to advance iDEL Therapeutics’ two proprietary lead programs towards clinical evaluation. Leveraging different modalities with the potential to address a range of solid tumors, the pipeline candidates are based on the company’s proprietary shuttling technology. This pan-cancer platform enables evasion of endosomal entrapment and prevents subsequent degradation of the transported compound, a factor that can impair drug delivery and treatment efficacy, particularly for large molecules such as antibodies and their derivatives.
"iDEL Therapeutics’ concept to unlock new cancer treatments represents an exciting new opportunity with the potential to significantly impact the oncology landscape," said Marcus Kostka, PhD, Co-Founder and CEO of iDEL Therapeutics. "Our technology’s broad applicability to a range of drug classes harbors the potential to improve treatment outcomes for patients living with a range of high-need cancer indications. Together with the leadership team, I look forward to expanding our preclinical proof-of-concept data, advancing our lead candidates toward the clinic and exploring additional possibilities for improved cancer treatments."
Concurrent with the financing, iDEL Therapeutics announced its leadership team which combines decades of expertise in biopharma, drug development and company building.
"Despite continuous advancements and a deeper understanding of cancer in our industry, current treatment options still face challenges related to on-target specificity and achieving a durable anti-tumor effect," said Aristotelis Nastos, PhD, Managing Partner and Investment Director at BiomedVC. "We believe that iDEL Therapeutics’ differentiated strategy has the potential to address these limitations by improving intracellular delivery, increasing target engagement and prolonging tumor retention. With an exceptional leadership team and a cutting-edge technology, the company is well positioned to advance this new therapeutic approach to deliver meaningful clinical benefit for cancer patients, and we fully support the team on this journey."
(Press release, iDEL Therapeutics, MAR 17, 2026, View Source [SID1234663679])