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HomeBusinessTollys: Raises Over €1.5M from Bpifrance

Tollys: Raises Over €1.5M from Bpifrance

Tollys: Raises Over €1.5M from Bpifrance

  • Funding consists of 50% non-dilutive funding and 50% long-term loans
  • The company will use the funding for the preclinical development of TL-532 in cancer immunotherapy
  • In May 2020, Tollys closed a round of financing totaling €2.3m ($2.5M)
  • Founded in 2015 by Philippe Guillot-Chêne, chief business officer, and Vincent Charlon, chief executive officer
  • Then the company is pioneering TL-532, a new cancer immunotherapy to treat various types of cancer
  • Tollys discovered and patented a family of TLR3 agonists and selected TL-532 as its lead-candidate
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