Fundz

August Bioservices Closes $65M Series B

PRIVATEDec 01, 2022

Amount Raised

$65 Million

Round Type

Series B

NashvilleBiotechnologyPharmaceutical

Investors

Polaris Partners

Description

August Bioservices, LLC (“August Bio”), a pharmaceutical contract development and manufacturing organization (CDMO) providing drug discovery, development and pharmaceutical manufacturing services, today announced that it secured $65 million in Series B funding led by Oak HC/FT, who led the Series A in July 2020. This round includes participation from existing investor, Polaris Partners.

Quick answer

August Bioservices raised $65 Million in a Series B round, dated December 1, 2022. Investors: Polaris Partners. August Bioservices is based in Nashville, Arkansas, United States.

How much did August Bioservices raise?
August Bioservices raised $65 Million in a Series B round on December 1, 2022.
Who invested in August Bioservices?
Polaris Partners is named as investors in this round.
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.

  • Liquidia raised an undisclosed amount (Debt Financing) on January 9, 2023.
  • HighTide Therapeutics raised $107M (Series C) on January 5, 2023.
  • Sihuan Pharmaceutical Holdings Group raised an undisclosed amount (Funding Round) on January 4, 2023.
  • TRACON raised $30M (Grant) on December 27, 2022.
  • Madrigal Pharmaceuticals raised $300M (Funding Round) on December 21, 2022.
  • ExPLoRNA Therapeutics raised an undisclosed amount (Funding Round) on December 7, 2022.

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
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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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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.