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BioWorld - Tuesday, July 8, 2025
Home » Topics » Private » Series C

Series C
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Truvian Sciences scores $105M in series C round to advance blood testing system

Feb. 26, 2021
By Mary Ellen Schneider
Truvian Sciences Inc. has closed more than $105 million in an oversubscribed series C financing round that will help jumpstart the evaluation of the company’s automated benchtop blood testing system. The round was led by TYH Ventures, Glen Tullman of 7wireventures, and Wittington Ventures.
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Xilio advancing immunotherapies to the clinic with $95M series C

Feb. 25, 2021
By Michael Fitzhugh
Cancer immunotherapy developer Xilio Therapeutics Inc. has raised $95 million in series C financing to support its efforts to move a duo of tumor-selective candidates into the clinic. IND applications for both its interleukin-2 agonist, XTX-202, and anti-cytotoxic T-lymphocyte-associated protein 4 antibody, XTX-101, are planned for this year.
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Drug vial and syringe

Clover bags $230M in series C, moves COVID-19 vaccine to phase II/III

Feb. 23, 2021
By Elise Mak
Chengdu-based Sichuan Clover Biopharmaceuticals Inc., known for its Trimer-Tag technology, raised $230 million in a series C financing round. The proceeds will, most notably, help it advance its COVID-19 vaccine candidate, S-Trimer (SCB-2019), to a global phase II/III trial by June. Following its $43 million series B round in December 2019, Clover said on Tuesday, Feb. 23, that it raised more than $400 million in the last 12 months. The company uses its Trimer-Tag technology platform to produce covalently-trimerized fusion proteins to develop protein-based vaccines and biologic cancer therapies.
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Hand holding gear, dollar sign

Evox’s exosome platform draws new investors in $95.4M series C

Feb. 18, 2021
By Nuala Moran
LONDON – Exosome specialist Evox Therapeutics Ltd. has raised $95.4 million in a series C round that will enable it to progress a number of rare disease programs into the clinic, with the lead due to enter phase I at the beginning of next year.
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Gold dollar sign

Pipeline Therapeutics closes $80M crossover round as data readouts loom

Feb. 11, 2021
By Cormac Sheridan
As it waits on initial data from its two lead programs, in sensorineural hearing loss and multiple sclerosis, Pipeline Therapeutics Inc. raised $80 million in a series C crossover round to progress its pipeline of small-molecule drugs for neuroregeneration and to position it for a potential IPO.
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PGDx-elio12-4.png

Personal Genome Diagnostics nabs $103M in series C financing

Feb. 10, 2021
By Annette Boyle
Personal Genome Diagnostics Inc. (PGDx) secured $103 million in a series C fundraising round led by Cowen Healthcare Investments and other stars of the med-tech investment world. Participants included Northpond Ventures, Vensana Capital, Rock Springs Capital, Kern Capital, Sands Capital, PFM Health Sciences, Windham Ventures, New Enterprise Associates, Innovatus Capital Partners, Catalio Capital Management, and others.
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Ecential raises $120M to develop its robotic platform for spine surgery

Feb. 10, 2021
By Bernard Banga
PARIS – Ecential Robotics SAS has just secured $120 million series C funding in equity and debt financing, to support the manufacturing and commercial development of its robotic platform for spinal surgery. This is the largest financial transaction undertaken by any med-tech company in France.
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T cells

With enviable liquidity, Tscan on solid ground; $100M for dual oncology push

Jan. 25, 2021
By Randy Osborne
Tscan Therapeutics Inc. CEO David Southwell told BioWorld that his firm’s series C financing of $100 million will allow two IND filings in liquid tumors this year and three – possibly more – in solid tumors starting next year. “We’ll be filing a lot of INDs in solid tumors,” he said. The Waltham, Mass.-based firm works with T-cell receptor-engineered T-cell therapies.
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Dollar arrows pointing upward

Terns closes $87M series C financing to advance NASH pipeline

Jan. 12, 2021
By David Ho
HONG KONG - U.S. and China-based Terns Pharmaceuticals Inc. closed an $87 million series C financing round that will pave the way for the company’s pipeline of candidates to treat nonalcoholic steatohepatitis (NASH).
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Terns closes $87M series C financing to advance NASH pipeline

Jan. 8, 2021
By David Ho
HONG KONG - U.S. and China-based Terns Pharmaceuticals Inc. closed an $87 million series C financing round that will pave the way for the company’s pipeline of candidates to treat nonalcoholic steatohepatitis (NASH).
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