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Home » Topics » Private » Series C

Series C
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Antibodies

Numab lays down a marker in immuno-oncology with $111M series C round

May 20, 2021
By Cormac Sheridan
DUBLIN – Numab Therapeutics AG has moved closer to the front rank of European antibody developers by raising CHF100 million (US$111 million) in a series C financing round to accelerate the development of NM21-1480, a trispecific antibody that acts both as a PD-L1 inhibitor and 4-1BB (CD137) agonist. It also contains a human serum albumin recognition group, to extend its circulatory half-life. 
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Elpiscience closes $105M series C to move CD39 antibody to U.S. trial, eyes IPO next

May 18, 2021
By Elise Mak
Shanghai-based Elpiscience Biopharmaceuticals Co. Ltd. raised $105 million in a series C financing round to move candidates, starting with an anti-CD39 antibody, into clinical studies in the U.S. The funds will also support the company’s efforts in finding new mechanisms for cancer immunotherapy and potential partners, it said.
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Dollar sign dropper and test tube

Hummingbird Bioscience closes $125 million series C

May 18, 2021
By David Ho
HONG KONG – Hummingbird Bioscience Pte. Ltd. has raised $125 million in a series C financing to further investments in its early stage pipeline, as well as support the clinical development of its two lead oncology programs.
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Elpiscience closes $105M series C to move CD39 antibody to U.S. trial, eyes IPO next

May 14, 2021
By Elise Mak
Shanghai-based Elpiscience Biopharmaceuticals Co. Ltd. raised $105 million in a series C financing round to move candidates, starting with an anti-CD39 antibody, into clinical studies in the U.S. The funds will also support the company’s efforts in finding new mechanisms for cancer immunotherapy and potential partners, it said.
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Woman using eyedrops

Ophthalmology-focused Oculis preps for phase III with $57M series C

May 5, 2021
By Nuala Moran
LONDON – A year on from delivering positive phase IIb data, Oculis SA has raised $57 million in an oversubscribed series C, to take OCS-01, a topical nanoparticle formulation of dexamethasone, through two phase III trials.
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ED patient with Rapid Response EEG device on head

Ceribell rings up $53M in series C financing to expand brain monitoring platform

April 30, 2021
By Annette Boyle
Ceribell Inc. amassed $53 million in a series C fundraising round to broaden the footprint for its noninvasive brain monitor in U.S. hospitals and expand indications for its Rapid Response EEG. Longitude Capital and The Rise Fund led the round.
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Gold dollar sign

Arch Oncology’s CD47 antibody bolstered by a $105M series C

April 27, 2021
By Lee Landenberger
Being in a crowded space doesn’t bother recently installed Arch Oncology Inc. CEO Laurence Blumberg. As a matter of fact, he’s reassured by it. “There’s a lot of competition in CD47, that’s correct,” Blumberg told BioWorld. “But having been in industry for a long time, competition and the magnitude of that competition in pursuit of a target usually means there’s a good reason for that interest and that there’s compelling evidence it has utility.”
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Playing the long game: Adagio pursues COVID-19 monoclonal antibody development with a $336M series C

April 19, 2021
By Lee Landenberger
The race to tame COVID-19 has morphed from a sprint to a long game as companies continue their development to handle a pandemic that is becoming endemic to the planet. That’s the case with Adagio Therapeutics Inc. as it chases clinical studies and an emergency use authorization (EUA) for its monoclonal antibody, ADG-20, to treat and prevent COVID-19.
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Coins and charts

Epimab Biotherapeutics raises $120M series C to advance clinical programs, expand pipeline

March 23, 2021
By Elise Mak and David Ho
HONG KONG – Bispecific antibody startup Epimab Biotherapeutics Inc. has completed a $120 million series C financing, bringing it closer to a potential IPO next year. The Shanghai-based company said the new funds would help it move EMB-01 into phase II testing this year.
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Coins and charts

Epimab Biotherapeutics raises $120M series C to advance clinical programs, expand pipeline

March 22, 2021
By David Ho and Elise Mak
HONG KONG - Bispecific antibody startup Epimab Biotherapeutics Inc. has completed a $120 million series C financing, bringing it closer to a potential IPO next year. The Shanghai-based company said the new funds would help it move its EGFR/cMET-targeted bispecific candidate, EMB-01, into phase II testing this year, as well supporting the advancement of other clinical candidates and an expansion of its pipeline.
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