Breaking
AIR-001 advances into Phase 1/2 clinical trial for alpha-1 antitrypsin deficiency $155M oversubscribed Series B closed, led by Venrock Healthcare Capital Partners Up to 59% precise RNA editing achieved in vivo Todd Bazemore named President & CEO as pipeline enters the clinic ~$245M raised to date across three financings RESTORE+ platform recruits the body's own ADAR enzyme AIR-001 advances into Phase 1/2 clinical trial for alpha-1 antitrypsin deficiency $155M oversubscribed Series B closed, led by Venrock Healthcare Capital Partners Up to 59% precise RNA editing achieved in vivo Todd Bazemore named President & CEO as pipeline enters the clinic ~$245M raised to date across three financings RESTORE+ platform recruits the body's own ADAR enzyme
Company Profile Biotechnology · RNA Editing Cambridge, MA

AIRNA
edits the message,
not the master copy.

A clinical-stage biotech using the body's own ADAR enzyme to make precise, non-permanent corrections to RNA - starting with a rare genetic disease and aiming much wider.

2021Founded
~84Employees
$245MRaised
1In the clinic
AIRNA company logo
AIRNA, Cambridge, Massachusetts.
The wordmark of a company betting that the smartest edit is the one you can take back.
The Story

A single wrong letter, and a company built to swap it back

Most genetic diseases come down to something almost absurdly small: a single letter, in a code three billion letters long, sitting in the wrong place. For decades the dream of genetic medicine has been to reach into a patient's cells and correct that letter. Tools like CRISPR do it by editing DNA - permanently. AIRNA is built on a different bet. Instead of rewriting the master copy, it edits the working copy: the RNA.

RNA is the transient message a cell reads to build a protein. Edit the RNA and you change the protein - but only for as long as that message exists. The correction fades unless you re-dose. To some, that sounds like a limitation. To AIRNA, it is the point. A change you can walk back is a change you can control.

The company, headquartered in Cambridge, Massachusetts with research roots in Tubingen, Germany, does not manufacture a new molecular scissor. It recruits one that already lives in every human cell - an enzyme called ADAR (adenosine deaminase acting on RNA). ADAR's day job is to chemically convert one RNA letter, adenosine (A), into inosine (I), which the cell reads as guanosine (G). AIRNA designs short strands of genetic material, called oligonucleotides, that act like a homing beacon: they bind to a chosen spot on a target RNA and summon ADAR to make exactly the edit AIRNA wants, and nowhere else.

RNA editing opens a world of possibilities never seen before.

Thorsten Stafforst · Scientific Co-Founder
How RESTORE+ Works

Four steps, one letter changed

STEP 01

Design a guide

An engineered oligonucleotide is designed to match a precise spot on a disease-causing RNA.

STEP 02

Bind the target

Inside the cell, the guide latches onto the target RNA sequence like a molecular address label.

STEP 03

Recruit ADAR

The body's natural ADAR enzyme is drawn to the site - no foreign machinery required.

STEP 04

Edit A → I

ADAR converts the errant adenosine, which the cell reads as a guanosine, restoring the correct protein.

// Because the edit lives on RNA, not DNA, it is non-permanent - designed to be re-dosed, or allowed to fade.

The Problem & The Lead Program

AIR-001 and the fight against AATD

AIRNA's first target is alpha-1 antitrypsin deficiency, or AATD - an inherited condition that can damage the lungs and liver. Its most common severe form traces to a mutation called PiZ: a spot where a single adenosine sits where a guanosine belongs. That one-letter error garbles a protein the body needs to protect its tissues.

AIRNA's lead candidate, AIR-001, is designed to correct that exact letter at the RNA level. In preclinical studies it demonstrated up to 59% precise RNA editing in vivo - a figure that helped move the program out of the lab and into a Phase 1/2 clinical trial. Because AATD is caused by a well-defined genetic glitch with no cure, it is a natural proving ground for a platform whose whole premise is single-letter precision.

Why AATD is the right first target

  • Caused by a single, well-characterized letter change (the PiZ mutation).
  • No approved cure - a clear unmet need for patients.
  • The exact A-to-I edit ADAR performs is the correction the disease requires.
  • A clean, measurable proof point for the broader RESTORE+ platform.

Behind AIR-001 sits a pipeline the company intends to push beyond rare disease, into common cardiometabolic and other conditions - the wider arena where an RNA-editing approach could, in principle, reach far more patients.

Products & Platform

What AIRNA builds

Platform

RESTORE+

RNA-Editing Technology

AIRNA's core engine. It uses engineered oligonucleotides to recruit the naturally occurring ADAR enzyme to a chosen RNA and make precise adenosine-to-inosine edits. The corrections are programmable and non-permanent, giving the approach a degree of control that permanent DNA editing cannot match.

Lead Candidate

AIR-001

For Alpha-1 Antitrypsin Deficiency

AIRNA's most advanced drug. It targets the PiZ mutation behind AATD, editing the errant adenosine so the body reads it correctly and restores functional protein. AIR-001 showed up to 59% precise editing in vivo and has advanced into a Phase 1/2 clinical trial.

The Money

$245 million, three rounds, one downturn survived

2023 · Launch$30M
2024 · Series A ext.$60M
2025 · Series B$155M
$245M
Total raised to date
Backers include ARCH Venture Partners, Forbion, Venrock Healthcare Capital Partners, RTW Investments, Nextech Invest and ND Capital.
59%Peak in-vivo editing
2Countries of operation
3Financing rounds
1/2Clinical phase
How It's Different

RNA editing in a DNA-editing world

The genetic-medicine field has largely been defined by DNA editing - CRISPR and its relatives - which makes permanent changes to the genome. That permanence is powerful, but it carries weight: an off-target mistake is, by definition, hard to undo. AIRNA sits in a growing cohort of companies exploring the alternative of editing RNA, where the edit is temporary and re-dosable.

Within that cohort - which includes names such as Wave Life Sciences, Korro Bio, ADARx and Shape Therapeutics - AIRNA's distinguishing claim is its focus on harnessing endogenous ADAR with high precision, and its early demonstration of strong in-vivo editing tied to a concrete clinical program. Its scientific foundation traces to work by co-founder Thorsten Stafforst, who published in 2019 that oligonucleotides could recruit ADAR to make targeted edits.

The differentiators, in short

  • Edits RNA, not DNA - corrections are non-permanent and controllable.
  • Uses the body's own ADAR enzyme rather than importing foreign machinery.
  • Backed by founding science first published in 2019.
  • A concrete clinical program (AIR-001) rather than platform alone.
The People

Founders and leadership

President & CEO

Todd Bazemore

Appointed in 2026 to lead AIRNA's clinical-stage growth. A biopharma veteran with 30+ years leading clinical- and commercial-stage biotechs, with a focus on rare diseases.

Scientific Co-Founder

Thorsten Stafforst

Biochemist at the University of Tubingen whose 2019 research on recruiting ADAR to edit RNA became the scientific bedrock of the company.

Scientific Co-Founder

Jin Billy Li

Geneticist at Stanford University whose work on ADAR and RNA editing contributed to AIRNA's founding science, an ocean away from his co-founder.

Board Chair

Rodger Novak

Chairs AIRNA's board. A co-founder of CRISPR Therapeutics - a DNA-editing pioneer helping steer an RNA-editing company.

Milestones

From one paper to the clinic

2019

The founding science

Thorsten Stafforst publishes work showing oligonucleotides can recruit ADAR to make targeted A-to-I edits in RNA.

2021

AIRNA is founded

The company is established to translate ADAR-guided RNA-editing research into human therapeutics.

2023

Emerges from stealth

Launches publicly with a $30 million financing led by ARCH Venture Partners.

2024

Series A extension

Raises an oversubscribed $60 million led by Forbion to push the AATD program toward the clinic.

2025

$155M Series B

Closes an oversubscribed round led by Venrock to fund the AIR-001 Phase 1/2 trial and expand the pipeline.

2026

A CEO for the clinical stage

Appoints Todd Bazemore as President and CEO as AIR-001 advances in the clinic.

Good Questions

What people ask about AIRNA

What does AIRNA do?
AIRNA develops RNA-editing medicines that use short oligonucleotides to recruit the body's natural ADAR enzyme and make precise, single-letter corrections to RNA, without changing DNA.
How is RNA editing different from CRISPR gene editing?
CRISPR typically edits DNA permanently. AIRNA edits RNA - the temporary copy of a gene - so its corrections are programmable and non-permanent. They can be re-dosed or allowed to fade, which the company argues improves control and safety.
What is AIR-001?
AIR-001 is AIRNA's lead drug candidate for alpha-1 antitrypsin deficiency (AATD). It corrects the common PiZ mutation at the RNA level, showed up to 59% precise editing in preclinical in-vivo studies, and has advanced into a Phase 1/2 clinical trial.
How much funding has AIRNA raised?
Roughly $245 million in total - a $30 million launch round (2023), a $60 million Series A extension (2024) and a $155 million Series B (2025) - from investors including ARCH, Forbion and Venrock.
Where is AIRNA located and who leads it?
AIRNA is headquartered in Cambridge, Massachusetts, with research operations in Tubingen, Germany. It was co-founded by scientists Thorsten Stafforst and Jin Billy Li, and is led by President and CEO Todd Bazemore, appointed in 2026.
Share & Connect

Follow the thread

// Primary contact: info@airna.com · 238 Main St, Cambridge, MA 02142