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NEWS & INSIGHTS

Dive into the Biopharma Space

Stay up-to-date on major biopharma news, deeper dives into specific companies and biopharma themes, and how it all relates to biopharma partners.

Recent Biopharma Funding Updates

Public and private funding events 👇


– Private Company Funding Rounds –


Tenomix

🏦 Closed $2M seed funding round.


Kenai Therapeutics

🏦 $82M Series A financing co-led by Alaska Permanent Fund Corporation, Cure Ventures, and The Column Group.


Angitia Biopharmaceuticals

🏦 Completes US$40M additional series B financing led by YueKai Health


Orizuru Therapeutics

🏦 Closed 3.3B JPY series B financing through previous third-party allocations.


BlossomHill Therapeutics

🏦 Closed $100M series B financing led by Colt Ventures totaling $173M raised capital.


FogPharma

🏦 Closed $145M series E financing led by Nextech Invest + other new investors advancing the clinical development of FOG-001.



– Grants –


ImmPACT Bio

🏦 CIRM awarded $8M grant for a Ph1b/2 trial of IMPT-514 treating lupus nephritis.


Coave Therapeutics

🏦 Received $2.9M grant from the ALS Association to advance CTx-TFEB program through preclinical-POC.


OneChain Immunotherapeutics

🏦 Received €2M grant to advance a new promising CAR T therapy for rare leukemia.


Orgenesis

🏦 Awarded €2M grant from Walloon Government in Belgium for MAIDAM AI Project


Oncodesign Precision Medicine

🏦 Awarded €745K funding from Deep Tech Development Fund to advance the ANIMUS program.


GlyProVac

🏦 Awarded $467K from CARB-X to develop a maternal vaccine that targets E. coli.


Augustine Therapeutics

🏦 Awarded with a $300K US ALS association grant to advance novel selective HDAC6 inhibitors.



– Debt Financing –


eGenesis

🏦 $28.7M debt financing w/ $25.4 already sold.


Thunder Biotech

🏦 $2.5M debt financing w/ $100K already sold.



– Equity Financing –


HCW Biologics

🏦 $2.5M equity financing.


Denali Therapeutics

🏦 Entered into a $500M security purchase agreement w/ an existing investor.


RYNE Biotechnology

🏦 $81.8M equity financing w/ $30M already sold.


Radiance Biopharma

🏦 $30M financing w/ $250K already sold.




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Article History:

RF, DV, EV (03/04/24)




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