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Pinetree Therapeutics Raises $47 Million in Oversubscribed Series B to Advance Next-Generation Protein Degraders in Oncology

  • Pinetree Therapeutics raised $47 million in an oversubscribed Series B financing round to advance its oncology programs and AbReptor™ platform.
  • The funds will support IND-enabling studies and Phase I clinical trials, expanding Pinetree's multispecific degrader portfolio.
  • Pinetree's financing follows a July 2024 collaboration with AstraZeneca for an exclusive license on a preclinical EGFR degrader candidate.
  • Pinetree aims to deliver novel targeted protein degraders to improve treatments for hard-to-treat cancers and other diseases.
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Pinetree Therapeutics Raises $47 Million in Oversubscribed Series B to Advance Next-Generation Protein Degraders in Oncology

CAMBRIDGE, Mass., Oct. 28, 2025 /PRNewswire/ -- Pinetree Therapeutics, a preclinical-stage biotechnology company pioneering targeted protein degraders for drug-resistant cancers, announced the successful closing of an oversubscribed $47 million Series B financing. The proceeds will advance its lead preclinical oncology…

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PR Newswire broke the news in United States on Tuesday, October 28, 2025.
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