May 8, 2024
Press Release
Celaid Therapeutics Inc.

Celaid Therapeutics has raised 1.2 billion yen in its Series A financing
round to advance HSC-based cell and gene therapies and platform

Celaid Therapeutics (Celaid), a Japan-based biotech developing Hematopoietic Stem Cell (HSC)
therapies, today announced that it has raised an additional 460 million yen in its Series A extension
round. This round was led by The University of Tokyo Edge Capital Partners (UTEC) and OSAKA
University Venture Capital (OUVC) with participation from Techno Science and Joyo CapitalPartners. This brings Celaid’s total raise to approximately 1.2 billion yen which includes existing
Series A funding of 500 million yen and the recent 200 million yen from the NEDO Deep Tech
Startup grant.
Celaid will apply the funding to advancing CMC process development in its lead pipeline asset for
non-malignant hematologic disease in preparation for IND submission in the US. In parallel, Celaid
will continue collaborations with partners exploring applications of its technology to HSC genetherapies and allogeneic immune cell therapies which include those utilizing iPSC-derived products.
“We were able to secure the necessary funds for future research and development in our Series A
funding round thanks to new participating investors’ confidence in Celaid’s HSC-based platformand pipeline,” said Nobuyuki Arakawa, President and Chief Executive Officer of Celaid.
“We are committed to delivering our unique HSC products to patients around the world as soon aspossible.”

About Celaid Therapeutics Inc.
Celaid Therapeutics Inc. is a startup born out of the University of Tokyo and University of Tsukuba
with proprietary technology for selective ex vivo HSC expansion. By safely and efficiently expanding
human HSCs, Celaid aims to provide the next generation of cell and gene therapy products in celltherapy for hematologic disease, ex vivo HSC gene therapy for genetic disorders, andangiogenesis for ischemic disease.

Contact Information
Celaid Therapeutics Inc.
Address: Utokyo Entrepreneur Lab., South Clinical Research Bldg., 7-3-1 Hongo, Bunkyo-ku,
Tokyo 113-8485, Japan
TEL: +81-50-3612-7767 / E-mail: contact@celaidtx.com
URL: https://celaidtx.com/en/
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Celaid's Business Strategies
1. Pipeline Business
Hematopoietic stem cell transplantation (HSCT) is the only way to cure hematological andimmunological diseases. Current allogeneic HSCT faces many issues such as securing a sufficientnumber of HSCs, waiting time for HLA donor matching, and acute/chronic GvHD after HSCT.
Celaid’s allogeneic HSC products will meet these unmet medical needs by providing better HLAmatched HSCs, fewer side effects, and safer and improved efficacy over existing HSCT for bloodand immunodeficiency diseases.

2. Platform Business
Celaid’s HSC platform can selectively expand undifferentiated HSCs in vitro from cord blood,
peripheral blood, and other sources. The platform is anticipated to be applicable to multiple cell andgene therapeutic products such as ex vivo HSC gene therapies and iPSC-derived immune cells.
Celaid has already launched collaborations with startups and pharmaceutical companies worldwide
to produce these next generation therapies. Through our collaborations, we will explore
opportunities for licensing out the platform which will be designed to meet the specific needs ofeach cell and gene therapy product.

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