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Cellarity Announces Close Of $121 Million Series C Financing

PRIVATEOct 04, 2022

Amount Raised

$121 Million

Round Type

Series C

SomervilleBiotechnologyHealth CareTherapeutics

Description

Cellarity, a life sciences company founded by Flagship Pioneering to transform the way medicines are created, announced today the completion of a $121 million Series C financing, bringing its total funding raised to date to $274 million. In addition to participation by Flagship Pioneering and other Series B investors, four new investors participated, including Kyowa Kirin Co. Ltd. and Hanwha Impact Partners

Quick answer

Cellarity raised $121 Million in a Series C round, dated October 4, 2022. Cellarity is based in Somerville, Massachusetts, United States.

How much did Cellarity raise?
Cellarity raised $121 Million in a Series C round on October 4, 2022.
What does Cellarity do?
Cellarity is fundamentally redesigning the way drugs are created.
Where is Cellarity based and how big is it?
Cellarity is based in Somerville, Massachusetts, United States. Fundz records about 103 employees.
Who are the decision-makers at Cellarity?
Fundz holds 1 contact at Cellarity. 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 Cellarity that raised within 45 days of this round, from Fundz verified event records.

  • Arialys Therapeutics raised $14M on November 18, 2022.
  • Parabilis Medicines raised $178M on November 17, 2022.
  • Cue Biopharma raised an undisclosed amount (Funding Round) on November 17, 2022.
  • Cue Biopharma raised $30M on November 16, 2022.
  • Phio Pharmaceuticals raised $2K (Seed) on November 16, 2022.
  • Os Therapies raised $2M on November 16, 2022.

Who to call at Cellarity, and when

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

  • An alert the day Cellarity raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cellarity, from your own LinkedIn network

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Company Information

Company

Cellarity

Location

Somerville, Massachusetts, United States

About

Cellarity is fundamentally redesigning the way drugs are created. By shifting the focus from a single target to the underlying cellular dysfunction, the company unravels the complexity of disease biology to create medicines that are out of reach with the target-based drug discovery approach. Founded by Flagship Pioneering in 2017, Cellarity has developed a platform that utilizes proprietary AI models trained on over 30 million single cell transcriptomes to uncover novel actionable biology and create non-intuitive drug candidates in a vast array of diseases. The company currently has programs ongoing in several disease areas including those in metabolic disease, hematology, and immuno-oncology.

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Related People

1 contact
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