Deka Biosciences

Deka Biosciences

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $55M

Overview

Deka Biosciences is an early-stage biotech pioneering a targeted cytokine therapy platform named Diakine™. The platform engineers single-chain fusion proteins that pair either two anti-inflammatory cytokines (for autoimmune/inflammatory diseases) or a stimulatory cytokine with an anti-inflammatory cytokine (for cancer) with a tissue-targeting scFv antibody fragment. This approach seeks to overcome the systemic toxicity and limited efficacy of traditional cytokine therapies by localizing potent immune modulation to the site of disease. The company is advancing a preclinical pipeline focused on major indications like Crohn's disease, psoriasis, rheumatoid arthritis, sepsis, and solid tumors.

OncologyInflammatory DiseasesAutoimmune Diseases

Technology Platform

The Diakine™ platform creates single-chain fusion proteins that combine a tissue-targeting scFv antibody fragment with paired cytokine payloads. For inflammatory disease, it pairs two anti-inflammatory cytokines (IL-10 & IL-4); for cancer, it pairs a stimulatory cytokine (e.g., IL-2) with anti-inflammatory IL-10 to localize and modulate immune activity in diseased tissue.

Funding History

2
Total raised:$55M
Series A$35M
Seed$20M

Opportunities

The platform addresses massive, underserved markets in autoimmune disease and oncology by potentially unlocking the efficacy of cytokines while minimizing their systemic toxicity.
Success with a first-in-class candidate could lead to partnerships, rapid pipeline expansion, and a significant valuation inflection.

Risk Factors

High technical risk associated with a novel, unproven platform; significant competition from other next-generation cytokine approaches; and dependency on raising substantial capital to fund expensive preclinical and clinical development.

Competitive Landscape

Deka competes in the crowded and rapidly evolving cytokine therapeutics space, facing companies developing engineered cytokines, cytokine-receptor agonists, and antibody-cytokine fusions (immunocytokines). Its differentiation lies in its specific dual-cytokine combinations and focus on simultaneous immune activation and suppression in oncology.