Connect Biopharma Completes $115 Million Series C Financing to Advance Ongoing Clinical Trials in Atopic Dermatitis and Ulcerative Colitis and Initiate Additional Clinical Programs
Amount Raised
$115 Million
Round Type
Series C
San DiegoBiotechnologyTherapeuticsBiopharmaDescription
Connect Biopharma ("Connect"), a clinical-stage biopharmaceutical company focused on identifying and developing potent and specific immune modulating molecules, today announced the completion of a $115 million Series C financing led by new investor RA Capital Management. Additional new investors Lilly Asia Ventures, Boxer Capital, and HBM Healthcare Investments joined existing investor Qiming Venture Partners in the financing. The company also announced that, in conjunction with the financing, Derek DiRocco, PhD, Principal at RA Capital Management, is joining the Connect Biopharma Board of Directors.
Quick answer
Cbp 201 raised $115 Million in a Series C round, dated August 24, 2020. Cbp 201 is based in San Diego, California, United States.
- How much did Cbp 201 raise?
- Cbp 201 raised $115 Million in a Series C round on August 24, 2020.
- What does Cbp 201 do?
- Connect Biopharma is a global, clinical-stage biopharmaceutical company applying its expertise in T cell biology and deep knowledge of the drug discovery industry to develop innovative therapies to treat chronic..
- Where is Cbp 201 based and how big is it?
- Cbp 201 is based in San Diego, California, United States.
Source: Fundz verified event record.
Who else raised in Therapeutics and Biopharma around the same time
Companies in the same sectors as Cbp 201 that raised within 45 days of this round, from Fundz verified event records.
- OnKure Therapeutics raised $1.5M (Seed) on September 30, 2020.
- Oragenics raised an undisclosed amount (Funding Round) on September 28, 2020.
- LAVA Therapeutics raised $83M (Series C) on September 17, 2020.
- BioNTech raised $250M on September 17, 2020.
- Adipo Therapeutics raised $1.3M (Seed) on September 2, 2020.
- AEON Biopharma raised $25M on August 31, 2020.
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Cbp 201 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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