Alloy Therapeutics Raises $75 Million in Series C Financing to Advance Collaborative Biotechnology Ecosystem

02 Apr, 2021

Alloy Therapeutics Raises $75 Million in Series C Financing to Advance Collaborative Biotechnology Ecosystem
Photo by Janis Rozenfelds on Unsplash

– Alloy Therapeutics announced a $75m Series C financing round.
– The round was led by 8VC, Presight Capital, and Peter Thiel with participation from new investors including Mubadala Capital, the asset management arm of Mubadala Investment Company.
– Proceeds will extend Alloy’s platforms and services into adjacent biologic modalities and further expand access to Alloy’s capabilities to more partners and geographies around the world.
– Fabian Hansen, founder and Managing Director of US venture capital fund Presight Capital, will join as a member of Alloy Therapeutics’ board of directors.
– Alaa Halawa, co-head of Mubadala Capital’s US Ventures business, will join as a board observer.

Biopharma Biotechnology Life Science North America
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