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Novo Holdings Invests In Us$105 Million Series C Funding Of Alentis Therapeutics

PRIVATEApr 13, 2023

Amount Raised

$105 Million

Round Type

Series C

AllschwilManufacturing

Investors

Schroders CapitalBpifranceBb Pureos BioventuresNovo Holdings A/Naveed SiddiqiRA Capital ManagementNovo HoldingsJeito Capital

Description

Novo Holdings A/S, a leading international life sciences investor, today announced it has participated in a new investment in the US$105 million Series C financing of Alentis Therapeutics, a clinical-stage biotech developing breakthrough treatments for organ fibrosis and Claudin-1 (CLDN1) positive tumors. The financing will support clinical development of Alentis' lead investigational products ALE.F02 and ALE.C04 as well as the CLDN1 platform development.

Quick answer

Alentis Therapeutics raised $105 Million in a Series C round, dated April 13, 2023. Investors: Schroders Capital, Bpifrance, Bb Pureos Bioventures, Novo Holdings A/, Naveed Siddiqi, RA Capital Management, Novo Holdings and Jeito Capital. Alentis Therapeutics is based in Allschwil, Basel-Landschaft, Switzerland.

How much did Alentis Therapeutics raise?
Alentis Therapeutics raised $105 Million in a Series C round on April 13, 2023.
Who invested in Alentis Therapeutics?
Schroders Capital, Bpifrance, Bb Pureos Bioventures, Novo Holdings A/, Naveed Siddiqi, RA Capital Management, Novo Holdings and Jeito Capital are named as investors in this round.
What does Alentis Therapeutics do?
Alentis Therapeutics is a clinical-stage biotechnology company pioneering first-in-class antibody-drug conjugates (ADCs) and antibodies targeting Claudin-1 (CLDN1) for oncology and multi-organ fibrosis.
Where is Alentis Therapeutics based and how big is it?
Alentis Therapeutics is based in Allschwil, Basel-Landschaft, Switzerland. Fundz records about 68 employees.
Who are the decision-makers at Alentis Therapeutics?
Fundz holds 1 contact at Alentis Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

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

  • Orbion Space Technology raised $7.8M on May 26, 2023.
  • Reed’s raised $4.1M (Seed) on May 25, 2023.
  • Lyten raised an undisclosed amount (Funding Round) on May 25, 2023.
  • Ohanafy raised $2.7M on May 24, 2023.
  • EMO.energy raised $1.2M (Seed) on May 23, 2023.
  • CleanFiber raised $5M (Seed) on May 19, 2023.

Who to call at Alentis Therapeutics, and when

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Company Information

Company

Alentis Therapeutics

Location

Allschwil, Basel-Landschaft, Switzerland

About

Alentis Therapeutics is a clinical-stage biotechnology company pioneering first-in-class antibody-drug conjugates (ADCs) and antibodies targeting Claudin-1 (CLDN1) for oncology and multi-organ fibrosis. CLDN1 is a previously unexploited target that plays a key role in the pathology of cancer and fibrotic disease. Alentis is the leading company pioneering CLDN1 ADCs and antibodies to modify and reverse the course of select diseases.

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