Copenhagen-based SNIPR Biome, a Danish biotech scale-up, secured €35 million in Series B funding. New investors Cystic Fibrosis Foundation and German Federal Agency for Breakthrough Innovation (SPRIN-D) participated. Existing investors Lundbeckfonden BioCapital, North-East Family Office, and Wellington Partners also joined the round. This capital advances SNIPR Biome's microbial CRISPR-medicine development.
The funding specifically targets CRISPR-based therapies for cystic fibrosis airway infections. It also combats antimicrobial resistance. Furthermore, the investment supports clinical trials of SNIPR001 for blood cancer patients. SNIPR Biome focuses on novel CRISPR-Cas technology, similar to work by CRISPR Therapeutics and Editas Medicine.