On January 8, 2026 Enodia Therapeutics, a biotechnology company developing novel small-molecule therapies for targeted protein degradation at the point of synthesis, reported it has raised €20.7 million (US$25 million) in a Seed financing. The round was co-led by Elaia, Pfizer Ventures and Bpifrance, as part of the InnoBio investment strategy, with participation from Wallonie Entreprendre, Argobio Studio, MACSF, The Institut Pasteur, InvestSud, Sambrinvest and Mission BioCapital.
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Enodia’s proprietary discovery platform, built on Institut Pasteur science, uses machine learning to selectively modulate the SEC61 translocon, where secreted and transmembrane proteins are directed into the secretory pathway at the point of synthesis. This enables intervention upstream of disease, without compromising vital physiological functions, and before damage occurs. Leveraging a large chemical space spanning several families of well-characterized inhibitors, together with a tailored library of signal-peptide cell lines, the company integrates machine-learning-driven selectivity, proteomics-based secretome analysis and structural validation to guide rational drug design. This innovative strategy allows Enodia to unlock previously undruggable secreted and membrane protein targets to treat high-unmet-need conditions.
"We are grateful for the strong support and confidence from our investors, which reflects their conviction in our scientific approach and team," said Yves Ribeill, Chief Executive Officer of Enodia Therapeutics. "This financing supports the advancement of our small-molecule approach to modulating the SEC61 translocon, with machine learning enabling greater selectivity in targeted protein degradation than previous approaches. Over the next year, we plan to progress our lead program toward preclinical candidate selection, thereby establishing a key value inflection point and the foundation for subsequent IND-enabling development."
Florian Denis, Partner at Elaia, commented: "Enodia’s rational, proteomics-enabled drug design approach provides strong confidence in the team’s ability to repeatedly translate complex SEC61 biology into truly differentiated drug candidates, supported by a highly experienced management team. Beyond individual programs, the platform unlocks exceptionally deep and expandable therapeutic opportunities across a broad range of disease areas, creating significant long-term pipeline and partnering potential."
"Our investment reflects strong interest in Enodia’s differentiated approach addressing disease by controlling protein secretion and enabling precise targeting of pathogenic proteins," said Irena Melnikova, Partner at Pfizer Ventures. "We are pleased to support Enodia’s efforts to rapidly advance a broad pipeline of SEC61-targeted small-molecule medicines across inflammatory diseases and autoimmune disorders, and beyond."
Enodia Therapeutics was created by Argobio Studio and The Institut Pasteur, with early platform and translational validation further supported by the Mission BioCapital Platinum Program.
"Enodia is tackling a significant unmet medical need by targeting the secretion pathway at the initiation of protein synthesis," said Olivier Martinez, Senior Investment Director at Bpifrance. "Built on strong scientific foundations from the Institut Pasteur and further developed within France’s Argobio ecosystem, the company’s selective approach to pathogenic secreted and membrane-associated proteins illustrates the type of rigorous, translational innovation we want to support."
Valentin Tonnel, Investment Manager, WE Venture Life Sciences on behalf of the Walloon public investor consortium: "This investment in Enodia reflects WE Venture Life Sciences’ strategy to support breakthrough biology at a very early stage, in close collaboration with leading specialized investors. Enodia’s SEC61 platform, selected by Argobio, illustrates how cutting-edge scientific discoveries can be translated into transformative therapeutic solutions. We are pleased to contribute to the development of this program alongside our partners Sambrinvest and InvestSud within the Walloon region, where a mature life sciences ecosystem offers strong conditions for successful execution."
(Press release, Enodia Therapeutics, JAN 8, 2026, View Source [SID1234661872])