eGenesis raised $191 million in a Series D financing led by Lux Capital to advance its lead program for kidney transplant.
Sep 04, 2024•over 1 year ago
Amount Raised
$191 Million
Investors
Parkwood CorporationNatco PharmaceuticalsEisai InnovationDa VitaLeaps By BayerFresenius Medical Care VenturesAlta PartnersFarallon Capital ManagementKhosla VenturesArch VenturesLux Capital
Description
eGenesis, a biotechnology company, announced the close of a $191 million Series D financing to further its lead product candidate, EGEN-2784, into first-in-human studies. The funding will also help advance additional pipeline programs and scale production.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech