$50 Million

Cabaletta Bio, Inc.

Private Placement

Sole Placement Agent, January 2019

Cabaletta Bio, Inc.
Cabaletta Bio is focused on the discovery and development of T cell therapies for B cell-mediated autoimmune diseases. Cabaletta's therapeutic platform produces highly selective autologous Chimeric AutoAntibody Receptor (CAAR) T cells that are designed to precisely bind and destroy only specific autoantibody-producing B cells while sparing normal antibody-producing B cells, which are essential for human health. The platform is based on the revolutionary Chimeric Antigen Receptor (CAR) T cell technology developed at the University of Pennsylvania ("Penn") that resulted in one of the first commercially-available CAR T cell products for the treatment of B cell malignancies