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Allotera Therapeutics (Formerly Wugen) Closes $35 Million Financing to Advance Off-the-Shelf CAR-T Therapies for T-Cell Cancers

$BANCPress releaseJul 8, 2026, 9:00 AM ETRead the release

Allotera Therapeutics closed a $35 million financing round to advance its lead CAR-T therapy, Sofi-cel, with venture debt provided by Banc of California. The financing brings the total Series C capital raised by Allotera to $150 million and will support the global pivotal trial for relapsed or refractory T-cell acute lymphoblastic leukemia.

Key figures

Total series c raised
$150 million
Financing round amount
$35 million
Banc of california assets
$34 billion

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