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BioWorld - Friday, March 5, 2021
Home » Topics » Financings

Financings
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Doctor reviews Corvista findings with patient

Corvista advancing heart disease tech with $65M series C

March 4, 2021
By Meg Bryant
No Comments
Corvista Health Inc. has raised $65 million in a series C equity financing led by Ambix Life Science Fund I LP. The new funds are earmarked for ongoing research, product development and commercialization of the company’s noninvasive, point-of-care (POC) solution for rapid detection of heart disease. Joining Ambix in the round were Medventure Partners and several new and existing investors. With this latest infusion, Corvista has raised a total of nearly $100 million.
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Financings for March 4, 2021

March 4, 2021
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Med-tech firms raising money in public or private financings, including: Cutera, Mednow, Owens & Minor.
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$117M series B provides XTENded runway for Amunix

March 4, 2021
By Randy Osborne
No Comments
Amunix Pharmaceuticals Inc. CEO Angie You told BioWorld that her firm has already done most of the optimization with its unique T-cell engager platform, so that the effort now is mostly “about cranking out more INDs.”
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Microrobotic device next to a penny

Bionaut lands $20M to develop microscale robots to treat CNS disorders

March 4, 2021
By Annette Boyle
No Comments
Bionaut Labs emerged from five years in stealth mode raising $20 million to develop Bionauts, microrobots designed to deliver therapies to treat brain disorders. The financing will support the company’s therapeutic program in glioma through preclinical development and further research and development in Huntington’s disease.
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Financings for March 4, 2021

March 4, 2021
No Comments
Biopharmas raising money in public or private financings, including: Blossomhill, Elastrin, Onkure, Radius, Salarius.
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Microrobotic device next to a penny

Bionaut lands $20M to develop microscale robots to treat CNS disorders

March 3, 2021
By Annette Boyle
No Comments
Bionaut Labs emerged from five years in stealth mode raising $20 million to develop Bionauts, microrobots designed to deliver therapies to treat brain disorders. The financing will support the company’s therapeutic program in glioma through preclinical development and further research and development in Huntington’s disease. Khosla Ventures led the financing with participation by Upfront Ventures, Revolution LLC, BOLD Capital Partners, and Compound.
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Cells, DNA illustration

Caribou Biosciences raises $115M series C to advance CRISPR tech, cell therapy pipeline

March 3, 2021
By Michael Fitzhugh
No Comments
Berkeley, Calif.-based Caribou Biosciences Inc. has raised $115 million in an oversubscribed series C financing co-led by Farallon Capital Management, PFM Health Sciences and Ridgeback Capital Investments. Proceeds from the round will be used to advance its CRISPR technology platform and pipeline of off-the-shelf genome-edited CAR T and CAR-NK cell cancer therapies, including CB-010, its lead CAR T program, now in a phase I trial for patients with relapsed/refractory B-cell non-Hodgkin lymphoma.
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Janux strengthens its coffer with a $56M series A

March 3, 2021
By Lee Landenberger
No Comments
Little more than two months after cutting a deal with Merck & Co. Inc. that could top $1 billion, Janux Therapeutics Inc. has closed on a $56 million series A. Janux is developing immunotherapies designed to trigger the immune system to kill specific tumors while leaving the healthy tissue safely alone. T-cell engagers bind to a tumor cell and use the patient’s T cells to eliminate the tumor.
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Financings for March 3, 2021

March 3, 2021
No Comments
Med-tech firms raising money in public or private financings, including: Access Vascular, Haemonetics, Icad.
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Coins and charts

Century closes $160M series C round as first programs edge toward trials

March 3, 2021
By Cormac Sheridan
No Comments
Century Therapeutics Inc. raised $160 million in a series C round to progress its preclinical pipeline of allogeneic cell therapies for cancer, which are derived from induced pluripotent stem cells (iPSCs), and to expand its operational, laboratory and production facilities across several locations.
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