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First Investment Date

Indaco Bio: September 2024

Fund

Indaco Bio and Indaco Bio Parallel

HQ

HQ – Milano, Italy

Sector

Biotech and Pharma

Website

Investment Status

Ongoing

Genespire is an Italian biotech company created by Fondazione Telethon and Ospedale San Raffaele which develops innovative lentiviral gene therapies for the treatment of rare diseases.

Genespire is developing off-the-shelf gene therapies based on immune shielded lentiviral vectors (ISLVs) for pediatric patients affected by genetic diseases. ISLVs are designed to be used intravenously and allow the life-long production of the therapy directly from the patient’s liver. Genespire is initially advancing therapeutic programs in inherited metabolic diseases with high unmet medical need.

Genespire raised €46.6 million (~$52 million) in a Series B round one of the largest private Italian Biotech company financings to date.

Genespire entered in Indaco Bio portfolio in 2024.