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BioWorld - Saturday, May 30, 2026
Home » Topics » Financings

Financings
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Money raised

April bounces back; 57% of grants for COVID-19

May 1, 2020
By Karen Carey
Despite a global pandemic that is wreaking havoc on the overall economy, biopharma financings and grants during the month of April have shown solid numbers.
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Financings for May 1, 2020

May 1, 2020
Med-tech firms raising money in public or private financings, including: Pulse Biosciences, Second Sight Medical Products.
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9 Meters is born of two mergers and $22M in new financing

May 1, 2020
By Lee Landenberger
9 Meters Biopharma Inc., of Raleigh, N.C., is newly born from the merger of Innovate Biopharmaceuticals Inc. and privately held RDD Pharma Ltd., of New York and Tel Aviv, Israel. About $22 million in new financing, led by Orbimed Advisors Ltd., and the signing of another merger into the new company of Richmond, Calif.-based Naia Rare Diseases Inc., which develops GLP-1 to treat short bowel syndrome, completes 9 Meters’ new path.
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Financings for May 1, 2020

May 1, 2020
Biopharmas raising money in public or private financings, including: Acer, Achieve, Aeglea, Algernon, Alume, IMV, Lyra, Neubase.
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Financings for April 30, 2020

April 30, 2020
Med-tech firms raising money in public or private financings, including: Check-Cap, Dascena.
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RA Session II, CEO, Taysha Gene Therapies

Taysha Gene Therapies seeded with $30M, Avexis lineage

April 30, 2020
By Michael Fitzhugh
Taysha Gene Therapies Inc., a new Dallas-based company reuniting former executives of Avexis Inc. and its funders, has launched with a $30 million seed financing intended to advance a pipeline of 15 new AAV-based candidates. Its team expects to file four INDs by the end of 2021, starting with one for GM2-gangliosidosis that could move to the clinic later this year.
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Financings for April 30, 2020

April 30, 2020
Biopharmas raising money in public or private financings, including: Fennec, Genespire, Hyloris, Kiadis, Pluristem, Syndax.
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1-16-Mojo-lens-hero.png

Mojo Vision scoops up another $51M in series B-1 round

April 29, 2020
Saratoga, Calif.-based startup Mojo Vision Inc. has raised $51 million in a series B-1 financing led by existing investor New Enterprise Associates (NEA). The money will be used to advance development of the Mojo Lens, the company’s first-of-a-kind smart contact lens powered by augmented reality (AR) technology.
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Dollar sign construction

Atacor raises $25M to make regulatory case for temporary extracardiac cardiac pacing

April 29, 2020
By Stacy Lawrence
Temporary cardiac pacing is often required for hospitalized cardiac patients, particularly for increasingly common transcatheter aortic valve replacement (TAVR) procedures. Startup Atacor Medical Inc. has raised a $25 million series B round to back its development of a novel extracardiac temporary pacing system. Intriguingly led by an undisclosed corporate partner, the financing is slated to get the company through a U.S. and European pivotal trial, as well as regulatory review in those regions. The San Clemente, Calif.-based startup also aims to continue developing interim and permanent iterations of its system.
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Gold coins and sprouting plants

Kurma closes third biotech fund at $174M

April 29, 2020
By Cormac Sheridan
DUBLIN – Kurma Partners closed its third biotech fund, Kurma Biofund III, at €160 million (US$174 million), €10 million ahead of its initial target. The Paris-based fund will allocate the bulk of the capital to therapeutics firms, but it is also open to opportunistic investments in med tech, particularly in digital health applications and in biotech-med tech convergence, partner Peter Neubeck told BioWorld.
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