Fundz

Acrivon Therapeutics Closes Oversubscribed $100 Million Series B Financing To Advance Its Innovative Precision Proteomics Platform And Clinical Oncology Pipeline

PUBLIC · ACRVNov 11, 2021

Amount Raised

$100 Million

Round Type

Series B

WatertownBiotechnologyHealth CareMedicalTherapeuticsBiopharma

Description

Acrivon Therapeutics, Inc., a clinical-stage oncology therapeutics company with proprietary technologies driving a new era of precision-based medicine, today announced the successful completion of an oversubscribed $100 million Series B financing. The financing was co-led by Wellington Management Company and Surveyor Capital (a Citadel company), with key participation from RA Capital Management and Perceptive Advisors. Additional new investors in the financing included Sands Capital, HBM Healthcare Investments, Marshall Wace, HealthCor Management, BB Pureos Bioventures, Acorn Bioventures, and existing investors, including Alexandria Venture Investments and Chione Ltd. In connection with the financing, Derek DiRocco, Ph.D., partner at RA Capital Management, will join the company’s Board of Directors.

Quick answer

Acrivon Therapeutics raised $100 Million in a Series B round, dated November 11, 2021. Acrivon Therapeutics is based in Watertown, Massachusetts, United States.

How much did Acrivon Therapeutics raise?
Acrivon Therapeutics raised $100 Million in a Series B round on November 11, 2021.
What does Acrivon Therapeutics do?
Acrivon Therapeutics is a precision oncology therapeutics company uniquely enabled by a differentiated proteomics-based patient selection platform.
Where is Acrivon Therapeutics based and how big is it?
Acrivon Therapeutics is based in Watertown, Massachusetts, United States. Fundz records about 11 employees.
Who are the decision-makers at Acrivon Therapeutics?
Fundz holds 3 contacts at Acrivon Therapeutics, including the Chief Legal Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Therapeutics around the same time

Companies in the same sectors as Acrivon Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Arcutis raised $225M (Debt Financing) on December 23, 2021.
  • AnHeart Therapeutics raised $61M (Series B) on December 14, 2021.
  • AEON Biopharma raised $30M on December 8, 2021.
  • Compugen raised $20M on November 22, 2021.
  • Xencor raised $25M on November 19, 2021.
  • Chase Therapeutics Corporation raised $20M (Series B) on October 20, 2021.

Who to call at Acrivon Therapeutics, and when

A new round usually means Acrivon Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Acrivon Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Acrivon Therapeutics, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Acrivon Therapeutics. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Acrivon Therapeutics

Location

480 Arsenal Way Suite 100

Watertown, Massachusetts, United States

About

Acrivon Therapeutics is a precision oncology therapeutics company uniquely enabled by a differentiated proteomics-based patient selection platform. Our method is widely applicable across drug classes and modalities. We specifically apply our approach to challenging oncology drug targets causally implicated in the vast majority of cancers, particularly those without simple single gene driver mutations or synthetic lethal contexts. Leveraging our unique patient selection platform, Acrivon Therapeutics aims to rapidly progress in-licensed clinical-stage assets and a pipeline of internally developed programs through accelerated registration trials. Acrivon Therapeutics and its clinical biomarker development group is headquartered in the greater Boston area, with biomarker discovery efforts concentrated in our wholly-owned subsidiary in Lund, Sweden.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Acrivon Therapeutics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsMary-Alice, Chief Legal Officer hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Acrivon Therapeutics's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Acrivon Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.