Latest news with #GopiKadiyala
Entrepreneur
7 hours ago
- Business
- Entrepreneur
Utopia Therapeutics Raises USD 1.5 Mn Funding from Whale Tank to Advance Obesity Vaccine
The funding will fuel the preclinical development of UT009, the company's lead immunotherapeutic candidate targeting obesity, and support its progress toward regulatory toxicology studies, IND-enabling milestones, and Phase I clinical trials. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Hyderabad-based biotech startup Utopia Therapeutics has raised USD 1.5 million in seed funding from Whale Tank, a leading early-stage venture capital firm. The funding will fuel the preclinical development of UT009, the company's lead immunotherapeutic candidate targeting obesity, and support its progress toward regulatory toxicology studies, IND-enabling milestones, and Phase I clinical trials. Co-founded in 2024 by Uday Saxena and Gopi Kadiyala, Utopia Therapeutics is pioneering next-generation vaccines for chronic metabolic diseases, with a core focus on obesity treatment. The company's mission is to address the root causes of weight gain through innovative immunotherapies rather than traditional pharmaceutical approaches. "We are thrilled to have Whale Tank as a strategic partner in our journey to redefine obesity treatment," said Saxena and Kadiyala in a statement. "Obesity is a global epidemic with limited long-term therapeutic options. UT009 represents a paradigm shift, targeting lipid-associated antigens to reduce fat accumulation and improve metabolic health." The startup is also working to scale up its UT018-based regenerative product line, which leverages GRAS-qualified, non-pharmaceutical applications for broader metabolic benefits. Whale Tank's Managing Partner, Markandeya Gorantla, commented, "Utopia's approach is bold, scientifically rigorous, and offers enormous potential to disrupt the obesity market. We are excited to support their mission of bringing immunotherapeutics to the forefront of chronic disease management." Utopia Therapeutics continues to build momentum in the biotech space, aiming to deliver first-in-class vaccines for sustainable metabolic health.
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Business Standard
a day ago
- Business
- Business Standard
Utopia secures $1.5 mn from Whale Tank to develop obesity vaccine
Biotech player in vaccines for chronic metabolic diseases, Utopia Therapeutics, has secured seed funding of $1.5 million from Whale Tank, a leading early-stage venture firm. The announcement was made at the BIO International Convention 2025. The Hyderabad-based company said proceeds from this round of funding will accelerate the preclinical development of UT009, its immunotherapeutic candidate targeting obesity. UT009 is a novel vaccine designed to modulate the immune system to reduce fat accumulation and improve metabolic health by targeting lipid-associated antigens. Uday Saxena and Gopi Kadiyala, founders of Utopia Therapeutics, said: 'We are thrilled to have Whale Tank as a strategic partner in our journey to redefine obesity treatment. Obesity is a global epidemic with limited long-term therapeutic options. UT009 represents a paradigm shift by differentiating it from current obesity drugs by addressing the root causes of weight gain. This investment enables us to move swiftly toward clinical translation.' Jitendra Kumar, managing director, Biotechnology Industry Research Assistance Council (BIRAC), noted that the partnership highlights the strength of India's translational biotech ecosystem. The development of a vaccine for metabolic disorders, along with a regenerative product pipeline emerging from India and entering global markets, showcases both the country's scientific depth and entrepreneurial maturity. Furthermore, the funding will support the advancement of UT009 towards regulatory toxicology studies, IND-enabling milestones and Phase I human clinical trials. Whale Tank's managing partner, Markandeya Gorantla, added: 'Utopia's approach is bold, scientifically rigorous, and offers enormous potential to disrupt the obesity market. We are excited to support their mission of bringing immunotherapeutics to the forefront of chronic disease management.'
