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BioWorld - Friday, January 30, 2026
Home » Topics » Private » Series B

Series B
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Diagram demonstrating Cecilia Health's support system

Cecelia Health scoops up $13M for telehealth chronic care solution

Aug. 17, 2020
By Meg Bryant
Tech-enabled diabetes and chronic conditions management company Cecelia Health has secured $13 million in a series B financing led by Rittenhouse Ventures and Endo Investors. Other participants in the round included Boston Millennia Partners, SustainVC and G100 Capital. The funds will be used to speed and further scale adoption of the company’s coaching and telemedicine tools and to build out digital health capabilities.
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Syntax system

DNA Script tallies $89M in oversubscribed series B

July 31, 2020
By Meg Bryant
DNA Script SAS raised a $50 million extension to its series B financing, for a total yield of $89 million. Paris-based DNA Script has earmarked the funds to advance the development of its suite of enzymatic DNA synthesis (EDS) technologies and support the commercial launch of its Syntax DNA benchtop printer.
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Hand holding dollar sign

Thrive Earlier Detection scoops up $257M to propel early cancer detection test

July 29, 2020
By Meg Bryant
Liquid biopsy startup Thrive Earlier Detection Corp. has raised $257 million in a series B round led by Casdin Capital and Section 32. The funds will be used to finalize the design of its first product, Cancerseek, conduct a trial to support U.S. FDA approval and prepare for commercialization.
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South Korean won
Newco news

G2GBIO seeks further funds after $9.53M series B financing

July 28, 2020
By Gina Lee
HONG KONG – Daejeon, South Korea-based biotechnology company G2GBIO Inc. has raised ₩11.4 billion (US$9.53 million) from a series B financing round, with the funds to be used on clinical trials for a sustained-release Alzheimer’s treatment as well as nonclinical trials for diabetes and sustained-release postoperative pain treatments.
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3D Euro symbol

Indigo gets $44.5M series B round for long-lasting, undetectable diabetes CGM implant

July 28, 2020
By Stacy Lawrence
Indigo Diabetes NV is working to develop a next-generation continuous glucose monitor (CGM) that would be much simpler and easier to use routinely, potentially making it more useful for a much larger population. It has just raised a €38 million ($44.5 million) series B financing to support that effort.
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South Korean won
Newco news

G2GBIO seeks further funds after $9.53M series B financing

July 24, 2020
By Gina Lee
HONG KONG – Daejeon, South Korea-based biotechnology company G2GBIO Inc. has raised ₩11.4 billion (US$9.53 million) from a series B financing round, with the funds to be used on clinical trials for a sustained-release Alzheimer’s treatment as well as nonclinical trials for diabetes and sustained-release postoperative pain treatments.
Read More
Product image

Curvafix scoops up $10.75M to advance curved bone repair system

July 21, 2020
By Meg Bryant
Bone fracture repair startup Curvafix Inc. has secured $10.75 million in a series B round led by Sectoral Asset Management with participation from existing investors, including Delta Dental Washington Seed Fund, as well as board members. The company will use the proceeds to complete the RESTORE clinical trial of its U.S. FDA-cleared Curvafix intramedullar rodscrew and to scale up for commercial launch later this year or in 2021.
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Doctor pointing at liver

Glympse Bio snags $46.7M to advance biosensor platform

July 15, 2020
By Liz Hollis
Glympse Bio has closed an oversubscribed $46.7 million series B financing, with an eye toward boosting its novel biosensor platform in fibrotic diseases, including nonalcoholic steatohepatitis (NASH), oncology and infectious diseases.
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3D Euro symbol

Varmx adds $36M to advance universal anticoagulant antidote

July 8, 2020
By Nuala Moran
LONDON – Varmx BV is poised to demonstrate its modified recombinant factor X acts a universal antidote to reverse the effects of direct oral anticoagulants in patients suffering severe spontaneous bleeding or needing emergency surgery, after closing a €32 million (US$36.1 million) series B round.
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Leukemia illustration

Velosbio raises $137M series B for ROR1-targeting cancer therapies

July 8, 2020
By Michael Fitzhugh
Velosbio Inc., a San Diego-based company developing cancer therapies targeting receptor tyrosine kinase-like orphan receptor 1 (ROR1), has raised $137 million in series B financing to support development of its lead antibody-drug conjugate (ADC), VLS-101, and continued expansion of its pipeline.
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