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Home » Topics » Private » Series A

Series A
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Various pills laid across a target
Drug Design, Drug Delivery & Technologies

Launch of Initial Therapeutics with a focus on selective termination of protein synthesis

May 2, 2023
Initial Therapeutics Inc. has launched with a focus on developing medicines that block difficult-to-drug protein targets with a new mode of action – selective termination of protein synthesis (STOPS).
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Ciliatech

Ciliatech raises $3.87M in series A funding to develop new-generation implant for glaucoma

May 1, 2023
By Bernard Banga
Ciliatech SAS secured $3.87 million in series A funding to continue developing its second-generation implant to treat open-angle glaucoma. This round was led by its historical shareholders, including BNP Development SAS, Kreaxi SAS and individual investor Bernard Chauvin. “With this additional money, we can continue clinical trials to obtain the CE mark,” Olivier Benoit, co-founder and CEO of Ciliatech SAS told BioWorld.
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Inflammatory

Series A financing at Therini Bio funds fibrin-targeted therapies for neurodegenerative and retinal diseases

April 28, 2023
Therini Bio Inc. has closed a US$36 million series A financing round that will support its work on developing fibrin-targeted therapies for diseases driven by chronic inflammation, including Alzheimer’s disease, multiple sclerosis and retinal diseases such as diabetic macular edema.
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Orbital Therapeutics lands $270M series A round to join the next cycle of RNA innovation

April 26, 2023
By Cormac Sheridan
Orbital Therapeutics Inc. raised $270 million in a series A round to fund a big push into the next generation of mRNA-based therapies. The Cambridge, Mass.-based firm is building out a comprehensive RNA platform from which it will launch programs in oncology, autoimmune disease and indications involving protein replacement approaches.
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Kiro raises €13.8M for AI platform to simplify lab results

April 18, 2023
By Shani Alexander
The €13.8 million (US$15.25 million) Kiro SAS recently raised in its series A financing led by Sofinnova Partners will enable the company to further develop its artificial intelligence (AI) platform, which standardizes and analyzes laboratory test results, making them more relevant to doctors and easier for patients to understand. The funding will also allow the company to prepare the groundwork to enter the U.S. market where, Alexandre Guenoun, CEO at Kiro, told BioWorld, there is a huge “opportunity” for the AI platform following changes to regulations which require laboratories to communicate test results directly to patients.
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Rafiq Hasan, CEO, Complement Therapeutics

Complement Therapeutics closes $79M A round for gene therapy in geographic atrophy

April 17, 2023
By Cormac Sheridan
Complement Therapeutics GmbH raised €72 million (US$79.4 million) in a series A round to move into the clinic a novel gene therapy for treating geographic atrophy secondary to dry age-related macular degeneration. It’s the largest series A round completed in Europe so far this year.
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BioVentrix - TC System

Andera leads $48.5M financing for Bioventrix

April 14, 2023
By Shani Alexander
Andera Partners led a $48.5 million series A financing round for Bioventrix Inc. which will allow the medical device company to complete its premarket approval (PMA) submission for the Revivent TC system. Andera joined Cormorant Asset Management and Squarepoint Capital as new investors in Bioventrix. Existing investors, Taglich Brothers Inc. and Richmond Brothers, also contributed to the fundraising.
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Aer Therapeutics’ $36M series A propels mucus-busting AER-01 to clinic for COPD

April 13, 2023
By Karen Carey
With no treatments available to effectively clear mucus, Aer Therapeutics Inc. secured $36 million in a series A financing to advance its novel inhaled small-molecule mucolytic treatment, AER-01, bringing optimism to about 5 million Americans with chronic obstructive pulmonary disease (COPD) who have a high burden of mucus plugs.
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Function Oncology quietly raised $28M for gene function approach to precision oncology

April 12, 2023
By Annette Boyle
Function Oncology Inc. emerged from stealth on April 12 with the announcement of a $28 million series A financing that will continue support development of its CRISPR-enabled platform to profile cancer in patient-specific detail. The platform goes beyond next-generation sequencing to measure gene function, potentially allowing identification of new therapeutic targets and better matching of available therapies to vulnerabilities in an individual’s tumors.
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Cancer cell, dropper, test tubes
Newco news

Mosaic collects $28M to find cancer targets and biomarkers

April 10, 2023
By Nuala Moran
Two years after its formation, Mosaic Therapeutics Ltd. has raised $28 million in a series A to begin commercialization of research carried out by the Translational Cancer Genomics Lab at the Sanger Institute in Cambridge, U.K., into the genetic vulnerabilities of multiple tumor types and how that impacts response to therapy.
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