Published April 25, 2023

Immunaeon is on its way to raising $800K as it looks to scale

Buffalo Inno reports that "Buffalo startup Immunaeon is raising funds as it scales to meet demand and aims to further build its network to add more customers."

As the article states, the Cultivator graduate company has raised a seed round of about $600,000 including $250,000 from UB's Buffalo Innovation Seed Fund. CEO and co-founder Adam Utley expects to close the round by the end of spring with a total of around $850,000.

"We have UB to thank as well as the larger startup community in Buffalo as a whole," Utley said.

As reported, Immunaeon has over 100 people signed up for its service — storing patients' healthy immune cells — and plans to expand to 500 by year end.

The company finalized an agreement with the Blood Centers of America to send its customers for blood draws nationwide. Strategic partnerships with Roswell Park Comprehensive Cancer Center are also in the works to store immune cells from newly diagnosed multiple myeloma patients.

Read the full story here.