Carisma Therapeutics, working on a cellular therapy aimed at fighting solid tumors, is planning for growth: The University City company is hoping to hire about 10 more employees by the end of the year after raising nearly $60 million, its CEO told Techncial.ly Philly.

The company, formerly known as CARMA Therapeutics, initially raised $53 million during its Series A round last year, partly through the University of Pennsylvania, although the institution didn’t share how much it contributed.

But Carisma picked up a few million more at the end of last year, CEO Steven Kelly said. The company extended its Series A, bringing in about $6 million more, led by AbbVie Ventures and HealthCap. The funding will be put toward “full research and development capabilities,” Kelly said, as well as hiring to reach about 30 employees total.

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