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Epigenic Therapeutics Announces $32 Million In Series A Funding To Bring Breakthrough Epigenome Medicine To Clinical Development

PRIVATEAug 30, 2023

Amount Raised

$32 Million

Round Type

Series A

ShanghaiBiotechnologyHealth Careresearch

Investors

Morningside Venture CapitalOrbi MedQiming Venture Partners

Description

Epigenic Therapeutics, a leading biotechnology company dedicated to developing next-generation gene modulation therapy utilizing epigenome regulation to treat prevalent diseases, today announced that it has raised $32 million in Series A round of financing co-led by Qiming Venture Partners and OrbiMed, with participation from existing investor Morningside Venture Capital. This round of financing will support the preclinical development and early clinical validation of two leading programs, discovery of future pipelines, expansion of the leadership team, and continued investments in the company's core technology platforms.

Quick answer

Epigenic Therapeutics raised $32 Million in a Series A round, dated August 30, 2023. Investors: Morningside Venture Capital, Orbi Med and Qiming Venture Partners. Epigenic Therapeutics is based in Shanghai, Shanghai, China.

How much did Epigenic Therapeutics raise?
Epigenic Therapeutics raised $32 Million in a Series A round on August 30, 2023.
Who invested in Epigenic Therapeutics?
Morningside Venture Capital, Orbi Med and Qiming Venture Partners are named as investors in this round.
What does Epigenic Therapeutics do?
Epigenic Therapeutics is a frontier biotechnology company dedicated to developing next generation gene editing therapy utilizing regulation of epigenetic genome for a variety of diseases.
Where is Epigenic Therapeutics based and how big is it?
Epigenic Therapeutics is based in Shanghai, Shanghai, China. Fundz records about 13 employees.
Who are the decision-makers at Epigenic Therapeutics?
Fundz holds 2 contacts at Epigenic Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in research and Biotechnology around the same time

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

  • SeaBeLife raised $1.3M (Seed) on September 27, 2023.
  • Aptose Biosciences raised $3M (Seed) on September 6, 2023.
  • QuantHealth raised $15M (Series A) on August 31, 2023.
  • Bionano Genomics raised $35M on October 13, 2023.
  • Greenbrook TMS raised $1.5M (Seed) on October 13, 2023.
  • RDS raised an undisclosed amount (Seed) on October 12, 2023.

Who to call at Epigenic Therapeutics, and when

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Company Information

Company

Epigenic Therapeutics

Location

Shanghai, Shanghai, China

About

Epigenic Therapeutics is a frontier biotechnology company dedicated to developing next generation gene editing therapy utilizing regulation of epigenetic genome for a variety of diseases. Founded in 2021 by leading scientists focused on discovering gene editing technologies and developing gene editing therapies, the company has multiple product candidates in the pipeline, including treatment for metabolic, cardiovascular, viral hepatitis, ocular and rare diseases.

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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

Epigenic Therapeutics 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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