Circio

Circio

CRNA.OL
Oslo, Norway· Est.
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Private Company

Total funding raised: $37M

Market Cap: $244.8MFounded: 2014Employees: 11-50HQ: Oslo, Norway

Overview

Circio's mission is to establish its circVec platform as a new gold-standard for nucleic acid and viral therapeutics by leveraging the inherent stability of circular RNA to drive enhanced and durable protein expression. The company has generated compelling preclinical data showing up to 15-fold enhanced and 70-fold more durable expression versus linear mRNA, and is actively pursuing partnerships and internal development across gene therapy, cell therapy, and vaccines. Its strategy involves advancing the circVec platform through its Swedish R&D subsidiary while out-licensing its clinical-stage oncology asset TG01 to external collaborators for further development.

OncologyRare DiseasesGenetic DiseasesInfectious Disease Vaccines

Technology Platform

circVec: A proprietary modular genetic cassette platform designed for efficient intracellular biogenesis of multifunctional circular RNA (circRNA) from DNA or viral vectors, enabling significantly enhanced and more durable protein expression compared to linear mRNA systems.

Funding History

2
Total raised:$37M
Series B$25M
Series A$12M

Opportunities

The circVec platform addresses critical limitations in the booming gene and cell therapy markets by potentially enhancing potency and durability 10-100x.
Successful validation could position Circio as a key enabler for next-generation genetic medicines across rare diseases, oncology, and vaccines, creating multiple avenues for high-value partnerships and pipeline development.

Risk Factors

The company faces significant preclinical development risk, intense competition in the emerging circRNA space, and a reliance on future capital raises to fund operations.
The transition from compelling in vitro data to safe and effective human therapies remains the paramount challenge.

Competitive Landscape

Circio operates in the nascent but competitive circRNA therapeutics space, facing well-funded peers like Laronde and Orna. Its key differentiation is the circVec approach—using circRNA as an intracellular expression system within vectors—rather than delivering synthetic circRNA. It also competes indirectly with other gene therapy enhancement technologies.

Company Timeline

2014Founded

Founded in Oslo, Norway

2019Series A

Series A: $12.0M

2021Series B

Series B: $25.0M