Amount Raised
$94 Million
Round Type
Series A
South San FranciscoBiotechnologyHealth CareInvestors
Description
Firefly Bio emerged from stealth mode with a $94 million Series A financing co-led by founding investor Versant Ventures and by MPM BioImpact alongside Decheng Capital and with participation from Eli Lilly & Company.
Quick answer
Firefly Bio raised $94 Million in a Series A round, dated February 15, 2024. Investors: Eli Lilly & Company, Decheng Capital, Mpm Bio Impact and Versant Ventures. Firefly Bio is based in South San Francisco, California, United States.
- How much did Firefly Bio raise?
- Firefly Bio raised $94 Million in a Series A round on February 15, 2024.
- Who invested in Firefly Bio?
- Eli Lilly & Company, Decheng Capital, Mpm Bio Impact and Versant Ventures are named as investors in this round.
- What does Firefly Bio do?
- Firefly Bio is a biotech company focused on developing a novel platform to treat cancer using degrader antibody conjugates (DACs).
- Where is Firefly Bio based and how big is it?
- Firefly Bio is based in South San Francisco, California, United States. Fundz records about 25 employees.
- Who are the decision-makers at Firefly Bio?
- Fundz holds 1 contact at Firefly Bio. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Firefly Bio that raised within 45 days of this round, from Fundz verified event records.
- Sense4Med raised $551K (Seed) on March 29, 2024.
- Vaccinex raised $1.8M (Seed) on March 29, 2024.
- Manifest Technologies raised an undisclosed amount (Funding Round) on March 28, 2024.
- Surge raised $8.1M (Funding Round) on March 28, 2024.
- Pelago Health raised $58M (Series C) on March 28, 2024.
- SecondWave Systems raised $3M (Seed) on March 28, 2024.
Who to call at Firefly Bio, and when
A new round usually means Firefly Bio is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Firefly Bio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Firefly Bio, from your own LinkedIn network
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Funding Insights
What this usually meansFirefly Bio 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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