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Rishu

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Medial • 2m

Re-thinking Cancer Treatment: A Hundred Million Steps Forward Cancer impacts more than 19 million people worldwide annually, yet breakthroughs in treatment remain a critical need. Umoja Biopharma, a six year old Seattle-based biotech startup that’s tackling this challenge head-on with a game-changing approach. Umoja just raised $100 million in Series C funding to advance their in vivo CAR T-cell therapy, an innovative treatment designed to train the patient’s own body to generate cancer-fighting cells. This approach could redefine the oncology landscape, potentially reducing costs, improving accessibility, and saving countless lives. This round of funding was co-led by Double Point Ventures and DCVC Bio, alongside notable contributions from ARK Investment Management LLC, SoftBank, Alexandria Venture Investments , and others signalling a strong vote of confidence in Umoja’s vision. For context, the global CAR T-cell therapy market is expected to grow at a CAGR of 34.5%, reaching $20 billion by 2030. Umoja’s research could play a pivotal role in shaping this future. This isn’t just about investment or venture capital but reshaping the fight against cancer.

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