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Home » Topics » Private » Series A

Series A
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Zhen Su, CEO, Marengo Therapeutics

Marengo closes $80M A round to harness novel antibody-mediated T-cell activation for cancer

Nov. 8, 2021
By Cormac Sheridan
Marengo Therapeutics Inc. is opening up a new front in the war on cancer by selectively deploying a tumor-infiltrating subpopulation of T cells, which can be activated by a newly identified, antibody-based mechanism. The Cambridge, Mass.-based company is taking forward a scientific concept that has been germinating for several years at founding investor and company creator ATP, which has now launched the firm with an $80 million series A round. Marengo is gearing up for a first clinical trial in 2022. “It’s a new chapter in T-cell biology,” CEO Zhen Su told BioWorld.
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Veronica Gambillara, CEO and co-founder, Glycoera AG

Glycoera closes $49M series A round to usher in new era in glycoengineering

Nov. 5, 2021
By Cormac Sheridan
DUBLIN – As its name suggests, Glycoera AG aims to kickstart a new era in protein glycoengineering, and it has closed a CHF45 million (US$49 million) series A round to further its ambition of developing biologic drugs with defined glycosylation profiles that are an intrinsic aspect of their mechanisms.
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Stem-cells2.png

Clade launches with $87M series A for next-generation stem cell-based therapies

Nov. 3, 2021
By Jennifer Boggs
Clade Therapeutics Inc., which launched with an $87 million series A round, may have what sounds like an ambitious goal: to create scalable, off-the-shelf stem cell-based medicines that can be as accessible to patients as antibody therapies are today. But the startup, backed by more than two decades of advances in the area of induced pluripotent stem cells, is within sight of developing a cell therapy to take into clinical testing.
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Japan’s Aculys Pharma raises $60M in series A for sleep disorder candidate

Nov. 2, 2021
By Gina Lee
Aculys Pharma Inc. closed its $60 million series A financing round, with the funds to be used to develop pitolisant (Wakix), a selective histamine H3 receptor antagonist/inverse agonist, in Japan.
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Woman sleeping

Japan’s Aculys Pharma raises $60M in series A for sleep disorder candidate

Nov. 1, 2021
By Gina Lee
Aculys Pharma Inc. closed its $60 million series A financing round, with the funds to be used to develop pitolisant (Wakix), a selective histamine H3 receptor antagonist/ inverse agonist, in Japan.
Read More
Digital cancer cells illustration

Simbiosys secures $15M investment for Tumor Scope platform

Oct. 26, 2021
By Catherine Longworth
Precision cancer care company Simbiosys Inc. has raised $15 million to accelerate development of its Tumor Scope software platform for management of solid tumors. The application enables oncologists to virtualize cancer tumors and simulate a patient’s response to specific drug therapies by combining artificial intelligence with biophysical simulations. The technology models the impact of drug delivery, drug sensitivity, metabolism and spatial heterogeneity and provides data that can be used to inform individual treatment plans.
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Pharma serenades Mozart as three biggies join $55M series A for CD8 push

Oct. 26, 2021
By Randy Osborne
Mozart Therapeutics Inc. CEO Katie Fanning said the firm’s $55 million series A financing will allow the filing of an IND, probably in early 2024, for a prospect in celiac disease. Founded in July 2020, Seattle-based Mozart is based on research into the CD8 T-cell regulatory network, which has been found to play an important role in surveillance, recognition and elimination of inappropriately activated autoreactive and pathogenic immune cells.
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CAR T cell attacking cancer cells

With series A backing, Leucid heads for clinic with third-gen CAR T

Oct. 21, 2021
By Richard Staines
There’s a whole group of biotechs trying to create a tougher next-generation CAR T-cell therapy that could have a powerful effect on solid tumors after the technology’s first successes in blood cancer. One of those is London-based Leucid Bio Ltd., which has just raised £11.5 million (nearly US$16 million) in series A financing to develop next-generation CAR T therapies that are able to make it through to solid tumors and attack them.
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Cancer cells under magnifying glass

Aum Biosciences closes $27M series A financing for targeted cancer drugs

Oct. 19, 2021
By David Ho
Aum Biosciences Pte. Ltd., a company developing targeted cancer therapies, has closed a $27 million series A funding round. The Singapore-based company plans to use the proceeds to advance clinical development of its portfolio with immediate initiation of two phase II programs for MNK and tropomyosin receptor kinase inhibitors.
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Coins and charts

Tentarix closes $50M series A round to probe ‘combinatorial space’ for multifunctional drugs

Oct. 14, 2021
By Cormac Sheridan
Tentarix Biotherapeutics LP broke cover with $50 million in series A funding to take forward an industrialized flow cytometry platform that enables it to screen rapidly for multifunctional antibody-based drugs.
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