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Tolerance Bio

Stem cell-derived thymus therapies for immune tolerance

Raised to date

$15.1M

across 1 Form D filing

Investors
13
Last filed
Jun 18, 2026

About

Tolerance Bio, Inc. is a Philadelphia-based biotechnology company developing therapies that target the thymus, the organ that governs immune tolerance. It is building an allogeneic, off-the-shelf induced pluripotent stem cell (iPSC)-derived thymus cell therapy platform alongside pharmacological thymus therapies. The company aims to treat immune-mediated conditions including cancer, autoimmunity, transplant rejection, infection, immune deficiency and allergy, and to extend healthspan by preserving and restoring thymic function. It launched in 2024 with $17.2M in seed financing, later completed as an oversubscribed $20.2M round.

Rather than suppressing immune responses downstream, Tolerance Bio targets the thymus itself as the master regulator of immune tolerance, using implanted iPSC-derived thymic organoids that have shown in vivo positive selection of human T cells and tumor burden reduction in melanoma models.

Funding

  • EquityFiled Jun 18, 2026Form D
    $15.1M/ no target

Product

iPSC-derived thymus cell therapy platform

Preclinical cell therapy platform

An allogeneic, off-the-shelf cell therapy platform built on induced pluripotent stem cell-derived thymic tissue, including implanted thymic organoids designed to restore and direct immune tolerance.

  • Allogeneic, off-the-shelf iPSC-derived thymic tissue
  • Implanted thymic organoids demonstrating in vivo positive selection of human T cells
  • Tumor burden reduction shown in preclinical melanoma models

Built for

Patients with immune-mediated diseases — autoimmunity, cancer, transplant rejection, immune deficiency and allergy — reached through clinicians, health systems and biopharma partners

People on file