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Feldan Therapeutics Secures $16.5M Series B To Bring Lead Asset To Clinical Development

PRIVATEJun 13, 2023

Amount Raised

$16.5 Million

Round Type

Series B

Quebec CityBiotechnologyHealth CareScience And Engineering

Investors

Fsit2Gc CellAmgen VenturesInvestissement Québec

Description

Feldan Therapeutics, a biopharmaceutical company that specializes in the development of treatments based on intracellular delivery of therapeutics, has announced the initial closing of a $16.5 million Series B investment. The funds will primarily be used to conduct clinical phases I/II for Feldan's FLD-103, an intralesional treatment against basal cell carcinoma (BCC), and to advance its pulmonary program to the preclinical stage.

Quick answer

Feldan Therapeutics raised $16.5 Million in a Series B round, dated June 13, 2023. Investors: Fsit2, Gc Cell, Amgen Ventures and Investissement Québec. Feldan Therapeutics is based in Quebec City, Quebec, Canada.

How much did Feldan Therapeutics raise?
Feldan Therapeutics raised $16.5 Million in a Series B round on June 13, 2023.
Who invested in Feldan Therapeutics?
Fsit2, Gc Cell, Amgen Ventures and Investissement Québec are named as investors in this round.
What does Feldan Therapeutics do?
Feldan is a biopharmaceutical company that specializes in the development of treatments based on the intracellular delivery of therapeutics.
Where is Feldan Therapeutics based and how big is it?
Feldan Therapeutics is based in Quebec City, Quebec, Canada.
Who are the decision-makers at Feldan Therapeutics?
Fundz holds 1 contact at Feldan Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Biotechnology around the same time

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

  • RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
  • Septerna raised $73M on June 28, 2023.
  • Upstream Bio raised $200M (Series B) on June 8, 2023.
  • Ray Therapeutics raised $14M on May 15, 2023.
  • Laplace Interventional raised an undisclosed amount (Series B) on July 25, 2023.
  • PaceMate raised an undisclosed amount (Corporate Round) on July 25, 2023.

Who to call at Feldan Therapeutics, and when

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

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Company Information

Company

Feldan Therapeutics

Location

Quebec City, Quebec, Canada

About

Feldan is a biopharmaceutical company that specializes in the development of treatments based on the intracellular delivery of therapeutics. Feldan designed a proprietary, peptide-based technology that enables safe and efficient delivery of various compounds inside cells. The Shuttle technology unlocks the development of a new generation of therapies by giving access to intracellular components beyond the reach of existing drugs. Feldan's pipeline focuses on diseases affecting skin and lungs. Since its beginning, Feldan has valued internal research with the aim of innovating, changing standards of care and redefining quality of life. With the development of the Feldan Shuttle, this approach is starting to show its promises.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Feldan 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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