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Garuda Therapeutics Raises $72M in Series A Financing
Garuda Therapeutics Raises $72M in Series A Financing
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Unicorn Nest news

Garuda Therapeutics Raises $72M in Series A Financing

– Garuda Therapeutics from Cambridge develops off-the-shelf, durable blood stem cell therapies.
– Series A funding of $72m brings company valuation to more than $1b.
– The round was led by Aisling Capital, Northpond Ventures and Orbimed, supported by Cormorant Asset Management, Ridgeback Capital Investments, Monashee Investment Management, Sectoral Asset Management, National Resilience, Inc. (Resilience), Mass General Brigham Ventures, among others.

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Amolyt Pharma Raises $80M in Series B Financing
Amolyt Pharma Raises $80M in Series B Financing
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Unicorn Nest news

Amolyt Pharma Raises $80M in Series B Financing

- Amolyt Pharma from Lyon develops therapeutic peptides for rare endocrine and related diseases. - The company closed an $80m Series B round. - The round was co-led by Sectoral Asset Management and Andera Partners, with participation from ATEM Capital, LSP, Novo Holdings (Novo Ventures), Kurma Partners, Mass General Brigham Ventures, Innobio 2 managed by Bpifrance, Orbimed, Pontifax, Eurazeo, Sham Innovation Santé/Turenne Capital and Credit Agricole Creation. - The company plans to use the proceeds from the financing to advance its pipeline of potential therapeutics for rare endocrine and related diseases, including clinical development of AZP-3601 for hypoparathyroidism, pre-clinical development of AZP-3813 for acromegaly and ongoing research related to AZP-3404, and to further expand its early-stage pipeline through both internal research and development activities and potential in-licensing opportunities.

Source
Amolyt Pharma Raises $80M in Series B Financing
Amolyt Pharma Raises $80M in Series B Financing
UN

Unicorn Nest news

Amolyt Pharma Raises $80M in Series B Financing

- Amolyt Pharma from Lyon develops therapeutic peptides for rare endocrine and related diseases. - The company closed an $80m Series B round. - The round was co-led by Sectoral Asset Management and Andera Partners, with participation from ATEM Capital, LSP, Novo Holdings (Novo Ventures), Kurma Partners, Mass General Brigham Ventures, Innobio 2 managed by Bpifrance, Orbimed, Pontifax, Eurazeo, Sham Innovation Santé/Turenne Capital and Credit Agricole Creation. - The company plans to use the proceeds from the financing to advance its pipeline of potential therapeutics for rare endocrine and related diseases, including clinical development of AZP-3601 for hypoparathyroidism, pre-clinical development of AZP-3813 for acromegaly and ongoing research related to AZP-3404, and to further expand its early-stage pipeline through both internal research and development activities and potential in-licensing opportunities.

Source
SeQure Dx Announces $17.5M Series A Funding
SeQure Dx Announces $17.5M Series A Funding
UN

Unicorn Nest news

SeQure Dx Announces $17.5M Series A Funding

– SeQure Dx is a gene-editing diagnostics company.
– It announced a $17.5m Series A funding.
– The funding was led by RiverVest Venture Partners and Mass General Brigham Ventures along with Digitalis Ventures, Casdin Capital, KdT Ventures, Bold Capital Partners and Alexandria Venture Investments.
– Funds will be used for initial company development leading to establishment of a full-service laboratory providing off-target gene-editing analysis for use in drug development, clinical trials and ultimately patient evaluation prior to therapy.
– SeQure Dx was founded on exclusive licensure of GUIDE-seq, ONE-seq and related assay technologies for detection of off-target gene-editing events.

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