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§ Private Profile · Abingdon, United Kingdom
Clinical-stage biotechnology company developing novel immunotherapies for cancer, autoimmune, and infectious diseases.
Grey Wolf Therapeutics has raised $165.0M across 5 funding rounds.
Key people at Grey Wolf Therapeutics.
Grey Wolf Therapeutics was founded in 2017 by Tom McCarthy (Founder and Chair).
Grey Wolf Therapeutics has raised $165.0M in total across 5 funding rounds.
Grey Wolf Therapeutics is a clinical-stage biotechnology company based in Oxford, England, UK, focused on developing novel therapies that modulate the immune system's initial detection of target cells to treat cancer, autoimmune conditions, and infectious diseases. Their approach aims to enhance cancer cell visibility to immune defenses or reduce it in autoimmunity. With 29 employees, the company has active clinical trials, including a 2025 Phase 1/2 autoimmune trial for axSpA and reported encouraging Phase 1b oncology data that year. Incubated within the MTM biotech hub, Grey Wolf Therapeutics was named Biotech of the Year at the 2025 Pharma Industry UK Awards and a Prix Galien Bridges award finalist. It was founded in 2017 by Tom McCarthy and Peter Joyce.
Grey Wolf Therapeutics was founded in 2017 by Tom McCarthy (Founder and Chair).
Grey Wolf Therapeutics has raised $165.0M in total across 5 funding rounds.
Grey Wolf Therapeutics's investors include Tracy Weightman, Andera Partners, British Patient Capital, Canaan Partners, Earlybird Venture Capital, Oxford Science Enterprises, Morgenthaler Ventures, Vensana Capital, Rabab Nasrallah, PhD, Raphael WISNIEWSKI, Catherine Lewis La Torre CBE, Sally Dewhurst.
Grey Wolf Therapeutics is a clinical-stage biotech company developing a novel class of treatments that modulate antigen presentation to control T cells and guide the immune system. Their technology aims to address immune dysfunction underlying cancers, autoimmune disorders, and infectious diseases by altering how cells present antigens, effectively "flicking a switch" to improve immune recognition and response. Their lead candidate, GRWD5769, is in Phase 1/2 trials for oncology, showing promising proof-of-mechanism and target engagement. The company serves patients with diseases that resist current therapies by offering a fundamentally new therapeutic approach, with active programs spanning oncology, autoimmunity, and virology[1][2][3].
Founded in 2017 in Oxford, UK, Grey Wolf Therapeutics was established by Peter Joyce, former R&D Lead at Vertex Pharmaceuticals, and Tom McCarthy, former CEO of Spinifex Pharmaceuticals (acquired by Novartis). The founders leveraged their deep biotech and pharmaceutical experience to pioneer antigen modulation technology. Early traction includes significant venture capital backing ($131M raised) from top funds and recognition through multiple biotech awards, underscoring their rapid clinical and scientific progress[1][4][5].
Grey Wolf Therapeutics is riding the wave of immuno-oncology and immune modulation, a rapidly growing field driven by the need for more precise and effective immune-based therapies. Their focus on antigen modulation represents a paradigm shift from conventional immune checkpoint inhibitors and cell therapies by targeting the earliest step in T cell activation. This timing is critical as immune dysfunction remains a major barrier in treating cancers and autoimmune diseases. Market forces such as increasing investment in biotech innovation, advances in molecular biology, and growing demand for novel immunotherapies favor their approach. Grey Wolf’s work influences the broader ecosystem by expanding the therapeutic toolkit and inspiring new strategies for immune system engagement[1][2][3].
Looking ahead, Grey Wolf Therapeutics is positioned to advance its clinical pipeline, potentially expanding indications and solidifying its novel antigen modulation platform as a new therapeutic class. Trends shaping their journey include growing acceptance of immune modulation beyond checkpoint inhibition, advances in precision medicine, and increasing collaboration between biotech and pharma. Their influence may evolve from a pioneering clinical-stage company to a leader in immune system engineering, driving new standards for treating complex diseases. Continued clinical success and strategic partnerships will be key to their impact on the biotech landscape[1][2][5].
Key people at Grey Wolf Therapeutics.
Grey Wolf Therapeutics has raised $165.0M across 5 funding rounds. Most recently, it raised $50.0M Greywolf Therapeutics - Series B Extension in May 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 23, 2024 | $50M Series B Plus | Tracy Weightman | Andera Partners, British Patient Capital, Canaan Partners, Earlybird Venture Capital, Oxford Science Enterprises | Announced |
| May 1, 2024 | $50M Series B | — | Canaan Partners, Morgenthaler Ventures, Vensana Capital | Announced |
| Jan 1, 2023 | $49M Series B | Rabab Nasrallah, PHD | Canaan Partners, Morgenthaler Ventures, Vensana Capital, Raphael Wisniewski, Catherine Lewis LA Torre CBE, Canaan Partners, Sally Dewhurst | Announced |
| Jan 1, 2020 | $3M Series A | — | Canaan Partners, Morgenthaler Ventures, Vensana Capital | Announced |
| Feb 1, 2019 | $13M Series A | Thierry Hercend, Brent Ahrens | Canaan Partners, Morgenthaler Ventures, Vensana Capital | Announced |