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Attovia Therapeutics has announced a $90 million Series C financing led by Deep Track Capital. The funding will support clinical studies for ATTO-1310 and ATTO-3712, as well as advance multiple earlier-stage projects.

Apr 15, 20258 months ago

Amount Raised

$90 Million

Round Type

series c

San CarlosTherapeuticsBiotechnology

Investors

Illumina VenturesMarshall WaceEco R1 CapitalCormorant Asset ManagementNextech VenturesGoldman Sachs AlternativesVen BioFrazier Life SciencesMirae Asset Capital Life ScienceSanofi VenturesVida VenturesDeep Track Capital

Description

Attovia Therapeutics, a clinical-stage biopharma company, has completed a $90 million Series C financing round. Led by Deep Track Capital, the round included new investors such as Vida Ventures and Sanofi Ventures, along with existing investors. The proceeds will fund early-stage clinical studies for treatments targeting chronic pruritus and atopic dermatitis. This financing is a testament to the company's promising platform and its focus on developing innovative therapies for immune-mediated diseases.

Company Information

Company

Attovia Therapeutics

Location

San Carlos, California, United States

About

Attovia is creating a pipeline of biotherapeutics for the treatment of immune-mediated diseases. We leverage ATTOBODY™, our proprietary biologics platform, to generate first-in-class and best-in-class bispecifics and multispecifics.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech