Fundz

French Startup Eg 427 Closes Series A With €18M For Its Pinpoint Gene Therapies

PRIVATEJul 14, 2023

Round Type

Series A

Biotechnology

Investors

Eg 427

Description

EG 427, which leads the development of pinpoint DNA medicine solutions, has picked up additional €5 million in the final closing of its Series A funding round. The investment came from a combination of existing investors and new family office investors, bringing the total raised in the Series A round to €18 million.  Later in 2023, EG 427 will be initiating a Series B fundraising to finance clinical development of EG110A and advance other pipeline products.

Quick answer

EG 427 raised an undisclosed amount in a Series A round, dated July 14, 2023. Investors: Eg 427.

How much did EG 427 raise?
EG 427 raised an undisclosed amount in a Series A round on July 14, 2023.
Who invested in EG 427?
Eg 427 is named as investors in this round.
What does EG 427 do?
At EG427 our unique, non-replicative Herpes Simplex Virus type 1 (HSV-1) based vector platform delivers, with pinpoint precision, highly selective, durable expression of disease modifying transgenes for use in the..
Where is EG 427 based and how big is it?
Fundz records about 23 employees.
Who are the decision-makers at EG 427?
Fundz holds 1 contact at EG 427. 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 EG 427 that raised within 45 days of this round, from Fundz verified event records.

  • Tentarix raised $35M on August 28, 2023.
  • Atsena Therapeutics raised $24M on August 28, 2023.
  • Superluminal Medicines raised $33M (Seed) on August 28, 2023.
  • Lexeo Therapeutics raised an undisclosed amount (Corporate Round) on August 28, 2023.
  • Beta Bionics raised $99M on August 28, 2023.
  • Regenerative Medical Solutions raised $5M on August 25, 2023.

Who to call at EG 427, and when

A new round usually means EG 427 is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day EG 427 raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at EG 427, from your own LinkedIn network

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Company Information

Company

EG 427

About

At EG427 our unique, non-replicative Herpes Simplex Virus type 1 (HSV-1) based vector platform delivers, with pinpoint precision, highly selective, durable expression of disease modifying transgenes for use in the treatment of peripheral nervous system disorders and beyond. Our lead asset EG110A, for the treatment of neurogenic bladder dysfunction, is expected to be in the clinic by early 2024. Our revolutionary approach to the treatment of this disease aims at providing patients with a comprehensive, long-term solution to their bladder management, through a highly selective molecular biology approach overcoming the drawbacks of current standard of care.

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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

EG 427 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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