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Evommune, Inc. raised $115 million in a Series C led by RA Capital Management and Sectoral Asset Management to support the clinical development of its EVO756 and EVO301 programs.

Oct 31, 202411 months ago

Amount Raised

$115 Million

Round Type

series c

Palo AltoBiotechnologyHealth Care

Investors

Verition Fund ManagementSymbiosisAmplitude VenturesAndera PartnersEqt Life SciencesPivotal Bio Venture PartnersAllostery Investments LpFem Health VenturesBeiersdorf Venture CapitalNext Bio CapitalAdar1 Capital ManagementRtw InvestmentsLongwood FundAvego Bioscience CapitalMarshall WaceB CapitalSectoral Asset ManagementRa Capital Management

Description

Evommune, Inc. has completed a $115 million Series C financing to advance its clinical-stage pipeline for chronic inflammatory diseases. The funding, co-led by RA Capital Management and Sectoral Asset Management, will facilitate clinical development and data readouts expected in the coming years.

Company Information

Company

Evommune

Location

Palo Alto, California, United States

About

Evommune, Inc. is a clinical-stage biotechnology company discovering and developing new ways to treat immune-mediated inflammatory diseases. The company is creating game-changing science with the goal of delivering therapies that address symptoms and halt progressive disease.

FundzWatch™ Score

68
Medium Activity

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