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Edgewood Oncology raised $20 million in Series A financing backed by Alta Partners to advance BTX-A51 in patients with hematologic malignancies and genetically-defined solid tumors.

PRIVATEMar 25, 2024

Amount Raised

$20 Million

Round Type

Series A

BrooklineBiotechnology

Investors

Alta Partners

Description

Edgewood Oncology emerged from stealth with $20 million in Series A financing to advance the clinical development of BTX-A51 in acute myeloid leukemia (AML) and a precision medicine approach to breast cancer. The company acquired the rights to BTX-A51 from Yissum, the technology transfer company of The Hebrew University of Jerusalem, and will use the funding to advance efficacy studies in AML and breast cancer.

Quick answer

Edgewood Oncology raised $20 Million in a Series A round, dated March 25, 2024. Investors: Alta Partners. Edgewood Oncology is based in Brookline, Massachusetts, United States.

How much did Edgewood Oncology raise?
Edgewood Oncology raised $20 Million in a Series A round on March 25, 2024.
Who invested in Edgewood Oncology?
Alta Partners is named as investors in this round.
What does Edgewood Oncology do?
Edgewood Oncology is a clinical-stage biotechnology company that was founded to deliver on the promise of BTX-A51 for patients with hematologic malignancies and genetically-defined solid tumors.
Where is Edgewood Oncology based and how big is it?
Edgewood Oncology is based in Brookline, Massachusetts, United States.
Who are the decision-makers at Edgewood Oncology?
Fundz holds 1 contact at Edgewood Oncology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Elegen raised $33M on May 9, 2024.
  • R3 Vascular raised $87M (Series B) on May 9, 2024.
  • Alzamend Neuro raised $25M (Series A) on May 9, 2024.
  • Eledon raised $50M on May 9, 2024.
  • Aardvark Therapeutics raised $85M (Series C) on May 9, 2024.
  • Frequency Exchange raised $210K (Pre-Seed) on May 9, 2024.

Who to call at Edgewood Oncology, and when

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

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Company Information

Company

Edgewood Oncology

Location

Brookline, Massachusetts, United States

About

Edgewood Oncology is a clinical-stage biotechnology company that was founded to deliver on the promise of BTX-A51 for patients with hematologic malignancies and genetically-defined solid tumors. Our mission is to develop an innovative medicine that improves and extends the lives of patients with the greatest unmet medical needs.

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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

Edgewood Oncology 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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