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BioWorld - Wednesday, February 25, 2026
Home » Topics » Private » Series A

Series A
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Newco news

Carbon Biosciences takes aim at cystic fibrosis, launching with $38M toward next-gen gene therapy

June 24, 2022
By Richard Staines
Although there has been huge progress in treatment of cystic fibrosis over the last decade, with Vertex Pharmaceuticals Inc. becoming the first to address the underlying cause of the disease with its Kalydeco (ivacaftor), approved in 2012, there are still many patients who aren’t eligible for treatment.
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Illustration of cancer cells and immunotherapy treatment

Tessa raises $126M in series A financing for autologous and allogeneic cell therapies

June 24, 2022
By David Ho
Tessa Therapeutics Ltd. has a closed a $126 million series A financing round to advance its ongoing clinical development, which includes the initiation of a pivotal trial of autologous CD30-CAR-T therapy (TT-11) and advancement of allogeneic CD30.CAR EBVST therapy (TT-11X) programs.
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Wensheng Wei, founder, Therorna
Newco news

Chinese biotech Therorna completes $42M series A to develop circRNA COVID-19 vaccines

June 23, 2022
By Tamra Sami
Chinese biotech company Therorna Inc. completed a $42 million series A round to develop its circular RNA (circRNA) vaccines and therapies.
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Ke Xu, co-founder and CEO, Meta Pharma

Meta Pharma nets $15M in financing to develop its pipeline and AI drug platform

June 21, 2022
By Doris Yu
Meta Pharmaceuticals Inc. has raised $15 million in seed and pre-series A rounds in six months for the pipeline and AI platform development. Shenzhen, China-based Meta Pharma plans to use the new funds to support its three candidates to enter clinical trials, as well as the development of its Meta-map platform for pipeline expansion.
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Newco news

Degron raises $22M to develop molecular glue-based protein degradation platform

June 17, 2022
By Doris Yu
Degron Therapeutics Inc. has raised $22 million in a series A round to develop its drug development platform, Gluexplorer.
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Ke Xu, co-founder and CEO, Meta Pharma

Meta Pharma nets $15M in financing to develop its pipeline and AI drug platform

June 16, 2022
By Doris Yu
Meta Pharmaceuticals Inc. has raised $15 million in seed and pre-series A rounds in six months for the pipeline and AI platform development. Shenzhen, China-based Meta Pharma plans to use the new funds to support its three candidates to enter clinical trials, as well as the development of its Meta-map platform for pipeline expansion.
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Antibody-drug conjugate
Newco news

Profoundbio completes $70M series A round to advance ADC programs to the clinic

June 14, 2022
By Tamra Sami
Profoundbio Inc. closed a $70 million series A financing round that will see it advance its two lead antibody-drug conjugate (ADC) programs to the clinic. The Suzhou, China, and Woodinville, Wash.-based company has raised a total of more than $138 million in the past two years.
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Pill in immersive interface

Charm taking AI into structure-based drug design with $50M series A

June 9, 2022
By Nuala Moran
Artificial intelligence is moving further into drug discovery with the launch of Charm Therapeutics Ltd., which arrives on the scene with a $50 million series A round.
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Antibody-drug conjugate
Newco news

Profoundbio completes $70M series A round to advance ADC programs to the clinic

June 9, 2022
By Tamra Sami
Profoundbio Inc. closed a $70 million series A financing round that will see it advance its two lead antibody-drug conjugate (ADC) programs to the clinic. The Suzhou, China, and Woodinville, Wash.-based company has raised a total of more than $138 million in the past two years.
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Synklino secures €29.8M series A financing for CMV-fighter

June 8, 2022
By Nuala Moran
Synklino A/S has raised €29.8 million (US$31.8 million) in a series A round to take forward SYN-002, a treatment for cytomegalovirus (CMV) infections in both donated organs and patients undergoing hematopoietic stem cell and solid organ transplants.
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