Groundbreaking

Immunotherapy

Investments

We are a groundbreaking immunotherapy venture studio fund focused on company creation. We accelerate early-stage R&D and build drug discovery programs to cure diseases across autoimmunity, inflammation, and immuno-oncology.

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Reimagining

discovery

We are a groundbreaking immunotherapy venture studio. We accelerate early stage R/D discovery and build programs and companies, to cure diseases from COVID to Cancer.

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Immunotherapy with Impact

Our studio of experienced, immunology-focused drug developers enhances value creation by forming multiple, thematically aligned startups to develop and commercialize immunotherapeutics. We partner with university-based collaborators to extend novel and untapped fundamental biological observations, create proof-of-concept data, and generate advanced development candidate packages using our expertise and internal laboratories.

Our Team

Our studio was forged in 2021 by – Max, Michel, and Sriram – united by their shared goal to re-establish discovery as the basis for the next generation of immunotherapies.

With their deep knowledge of immunobiology and their impressive track record of discovering and developing multiple, multibillion-dollar immunotherapies, they have positioned Foundery to increase the efficiency and effectiveness of the pre-clinical R&D process.

They aim to preserve the innovative culture of biotech and bridge the translational gap by providing leading academic scientists with exclusive access to best-in-class technology platforms and the necessary R&D infrastructure to transform their discoveries into breakthrough therapies.

Executive Management Team

A proven record of selecting and developing commercially successful therapies

Max Krummel, PhD

Founder & Managing Member
  • UCSF Professor & Endowed Chair in Experimental Pathology
  • Discovered and patented Checkpoint Blockade Target CTLA-4 (2022 Yervoy® Sales: $2B)
  • Defined Myeloid Tuning & founded Pionyr (secured $1.7B Buyout Option from Gilead in 2020)
  • Discovered Immune Archetypes in Cancer & COVID
  • PhD, University California, Berkeley
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Michel Streuli, PhD

Founder, Managing Member, & Chief Executive Officer
  • Drove early development of multiple immunotherapies, including IntronA and Keytruda® (2022 Keytruda® Sales: $21B)
  • 20+ year biotech veteran
  • Former Professor at Harvard and Dana-Farber Cancer Institute
  • PhD, University of Zurich
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Venkataraman “Sriram”, PhD

Founder, Managing Member, & Chief Scientific Officer
  • Guided preclinical pharmacology for Keytruda® and led Pionyr’s non-clinical PY314 program
  • 15+ years experience in immuno-oncology R&D and strategy development at Schering-Plough, Merck, Gilead and Pionyr
  • Expertise in small molecule and biologics development for immuno-oncology
  • PhD, University of Madras
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Jate Sam, MBA, CLP

Chief Business Officer
  • Executed >$10B in M&A, financing, licensing transactions and ~$70M in PE/VC investments
  • 20 years of investment banking, corporate development, principal investing and general management experience in the biopharma and consumer sectors
  • MBA, Kellogg School of Management, Northwestern University
  • Certified Licensing Professional
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Contact Us

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