Arsenal Biosciences, Inc. raised $325 million in a Series C funding round led by ARCH Venture Partners to advance programmable cell therapy programs through clinical development.
Sep 04, 2024•over 1 year ago
Amount Raised
$325 Million
Round Type
series c
Investors
Hitachi VenturesByers CapitalKleiner PerkinsWestlake Village Bio PartnersBristol Myers Squibb CompanySoft Bank Vision Fund 2Parker Institute For Cancer ImmunotherapyRock Springs CapitalT. Rowe Price Associates, Inc.Luma GroupN VenturesRegeneron VenturesMilky Way Investments GroupArch Venture Partners
Description
Arsenal Biosciences, Inc. announced the close of an oversubscribed $325 million Series C financing round to support its advanced CAR T-cell therapy programs. The funding will be used to develop its therapeutic pipeline for solid tumor cancers and enhance innovation in cell therapy.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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