Leaps by Bayer Leads USD 17 Million Series B Financing in Biotech Company Azitra
Round Type
Series B
BranfordBiotechnologyTherapeuticsDescription
Leaps by Bayer, the impact investment arm of Bayer AG, today announced a USD 8 million financial investment in US-based clinical-stage medical dermatology biotech company Azitra Inc. The partnership will focus on developing cutting-edge skin products using engineered and wild-type bacteria for biotherapeutic, over-the-counter (OTC) and cosmetic applications leveraging Azitra’s technology platform for both live therapeutic products (LBPs) and consumer programs. Existing investors, Bios Partners and Connecticut Innovations also participated in the round.
Quick answer
Azitra raised an undisclosed amount in a Series B round, dated October 15, 2020. Azitra is based in Branford, Connecticut, United States.
- How much did Azitra raise?
- Azitra raised an undisclosed amount in a Series B round on October 15, 2020.
- What does Azitra do?
- Azitra is a clinical-stage biopharmaceutical company developing precision dermatology therapies using engineered strains of S. epidermidis.
- Where is Azitra based and how big is it?
- Azitra is based in Branford, Connecticut, United States. Fundz records about 12 employees.
- Who are the decision-makers at Azitra?
- Fundz holds 2 contacts at Azitra, including the Chief Financial Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Therapeutics and Biotechnology around the same time
Companies in the same sectors as Azitra that raised within 45 days of this round, from Fundz verified event records.
- Summit Therapeutics raised $50M on November 23, 2020.
- Imago BioSciences, Inc. raised $80M on November 20, 2020.
- AavantiBio, Inc. raised $42M on November 19, 2020.
- Elevation Oncology raised $65M on November 18, 2020.
- Longboard Pharmaceuticals raised $56M on November 18, 2020.
- Pharvaris raised $80M (Series C) on November 18, 2020.
Who to call at Azitra, and when
A new round usually means Azitra is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Azitra raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Azitra, from your own LinkedIn network
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Funding Insights
What this usually meansAzitra 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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