Fundz

Apexigen Announces Approximately $2.8 Million Private Placement Financing

PRIVATEJan 24, 2023

Amount Raised

$2.8 Million

Round Type

Seed

San CarlosBiotechnologyHealth CareTherapeutics

Description

Apexigen, Inc. (Nasdaq: APGN), a clinical-stage company focused on developing innovative antibody-based therapeutics for the treatment of cancer with a focus on immuno-oncology, today announced that it has entered into definitive agreements with new, biotechnology-focused investors for the issuance and sale of an aggregate of approximately 2.0 million shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of approximately 2.0 million shares of common stock in a private placement offering. The purchase price per share and accompanying warrant is $1.40 (or $1.399 per pre-funded warrant and accompanying warrant). The warrants have an exercise price of $1.40 per share and will expire 5 years from the effective date of the registration statement that will be filed in connection with the private placement.

Quick answer

Apexigen raised $2.8 Million in a Seed round, dated January 24, 2023. Apexigen is based in San Carlos, California, United States.

How much did Apexigen raise?
Apexigen raised $2.8 Million in a Seed round on January 24, 2023.
What does Apexigen do?
This platform has enabled Apexigen and its collaboration partners to discover and develop therapeutic antibodies against a variety of molecular targets, including targets that are difficult to drug with conventional..
Where is Apexigen based and how big is it?
Apexigen is based in San Carlos, California, United States.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Virax Biolabs raised $4M on March 10, 2023.
  • QurAlis raised $88M (Series B) on March 9, 2023.
  • GenoME Diagnostics raised $1.8M (Seed) on March 3, 2023.
  • Chroma Medicine raised $135M (Series B) on March 1, 2023.
  • Wilson Wolf Manufacturing raised an undisclosed amount on March 1, 2023.
  • Aprea Therapeutics raised an undisclosed amount (Funding Round) on February 28, 2023.

Who to call at Apexigen, and when

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

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

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

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

Company Information

Company

Apexigen

Location

75 SHOREWAY RD., SUITE C

San Carlos, California, United States

About

This platform has enabled Apexigen and its collaboration partners to discover and develop therapeutic antibodies against a variety of molecular targets, including targets that are difficult to drug with conventional antibody technologies. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the use of proceeds from and the closing of the private placement; Apexigen’s development of innovative oncology therapeutics; and the capabilities of therapeutics that Apexigen has developed or may develop. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of Apexigen) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including the ability of Apexigen to close the private placement, continue to meet the Nasdaq listing standards, and achieve successful clinical results or commercial adoption of approved antibody candidates, or that Apexigen will have sufficient capital following the private placement to operate as anticipated. About Apexigen Apexigen is a clinical-stage biopharmaceutical company focused on discovering and developing a new generation of antibody therapeutics for oncology, with an emphasis on new immuno-oncology agents designed to harness the patient’s immune system to combat and eradicate cancer.

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

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

Predictive Intelligence
Strategic

ML-powered predictions for Apexigen's next move

See what Strategic adds

Apexigen 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.