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August Bioservices Closes $23.6 Million Series A Extension To Expand U.S. Biopharma Manufacturing Capabilities

PRIVATEMay 27, 2021

Round Type

Series A

NashvilleBiotechnologyPharmaceutical

Description

August Bioservices,LLC, a contract development and manufacturing organization (CDMO) providing drug discovery, development, and pharmaceutical manufacturing services, closed a $23.6 million Series A extension, led by Polaris Partners, who joined existing investor Oak HC/FT. The proceeds will go toward expanding August’s manufacturing capacity and capabilities to advance the technology platforms needed to support production of sterile injectable medications.

Quick answer

August Bioservices raised an undisclosed amount in a Series A round, dated May 27, 2021. August Bioservices is based in Nashville, Arkansas, United States.

How much did August Bioservices raise?
August Bioservices raised an undisclosed amount in a Series A round on May 27, 2021.
What does August Bioservices do?
August Bioservices is a Contract Development and Manufacturing Organization (CDMO) headquartered in Nashville, Tennessee.
Where is August Bioservices based and how big is it?
August Bioservices is based in Nashville, Arkansas, United States.

Source: Fundz verified event record.

Who else raised in Pharmaceutical and Biotechnology around the same time

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

  • Arbutus raised $81M on June 23, 2021.
  • Zevra Therapeutics, Inc. raised $39M on June 22, 2021.
  • Brains Bioceutical raised $32M (Funding Round) on June 16, 2021.
  • Ajax Therapeutics, Inc. raised $37M on June 1, 2021.
  • Clene Nanomedicine raised $9.3M on May 26, 2021.
  • Harrow raised $11M on May 14, 2021.

Who to call at August Bioservices, and when

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

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Company Information

Company

August Bioservices

Location

Elm Hill Pike

Nashville, Arkansas, United States

About

August Bioservices is a Contract Development and Manufacturing Organization (CDMO) headquartered in Nashville, Tennessee. August Bio offers a full range of pharmaceutical contract development and manufacturing services to pharmaceutical and biotech clients. We focus on sterile injectables, topicals, highly-complex formulations, poorly soluble & highly viscous compounds, Uncommon container sizes & fill volumes and offer aseptic and non-aseptic terminally sterilized filling of vials (liquid and lyophilized), syringes and flexible IV bags.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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