Amount Raised
$5 Million
Round Type
Venture
Research Triangle ParkManufacturingBiotechnologyPharmaceuticalDescription
Fennec Pharmaceuticals Inc. (NASDAQ: FENC; TSX: FRX), a commercial stage specialty pharmaceutical company focused on improving the lives of children with cancer, today announced the third closing of $5 million senior secured promissory notes under the existing agreement with Petrichor. The original investment agreement provided access to up to $20 million of additional financing through December 31, 2023. As part of this closing, Fennec and Petrichor have amended the agreement to provide access to up to $15 million of additional financing through December 31, 2024.
Quick answer
Fennec Pharmaceuticals raised $5 Million in a funding round, dated December 5, 2023. Fennec Pharmaceuticals is based in Research Triangle Park, North Carolina, United States.
- How much did Fennec Pharmaceuticals raise?
- Fennec Pharmaceuticals raised $5 Million in a funding round on December 5, 2023.
- What does Fennec Pharmaceuticals do?
- Fennec Pharmaceuticals Inc. operates as a commercial stage biopharmaceutical company in the United States.
- Where is Fennec Pharmaceuticals based and how big is it?
- Fennec Pharmaceuticals is based in Research Triangle Park, North Carolina, United States. Fundz records about 36 employees.
- Who are the decision-makers at Fennec Pharmaceuticals?
- Fundz holds 1 contact at Fennec Pharmaceuticals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Pharmaceutical and Manufacturing around the same time
Companies in the same sectors as Fennec Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.
- Liquidia raised $100M (Funding Round) on January 4, 2024.
- Allarity Therapeutics raised $400K (Seed) on January 18, 2024.
- Ratio Therapeutics raised $50M (Series B) on January 17, 2024.
- Lynch Regenerative Medicine raised $3.8M (Seed) on January 17, 2024.
- PolyPid raised $35M on January 9, 2024.
- ViaLase raised $45M (Seed) on January 5, 2024.
Who to call at Fennec Pharmaceuticals, and when
A new round usually means Fennec Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fennec Pharmaceuticals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fennec Pharmaceuticals, from your own LinkedIn network
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Related People
Fennec Pharmaceuticals 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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