Fogpharma Announces $178 Million Series D Financing To Advance Pipeline Of First-In-Class Helicon Polypeptide Therapeutics Targeting Major Cancer Drivers
Nov 21, 2022•about 3 years ago
Amount Raised
$178 Million
Round Type
series d
Investors
Casdin CapitalHbm Healthcare InvestmentsFarallon Capital ManagementGv, Cormorant Asset ManagementDeerfield ManagementVen Bio PartnersFidelity Management & Research CompanyMilky Way InvestmentsArch Venture Partners
Description
FogPharma®, a biopharmaceutical company pioneering a new class of precision medicines that could ultimately prove applicable to the vast majority of therapeutic targets, including those previously considered “undruggable,” today announced a $178 Million Series D financing. The financing round includes new investors ARCH Venture Partners, Milky Way Investments and Fidelity Management & Research Company and existing investors VenBio Partners, Deerfield Management, GV, Cormorant Asset Management, funds and accounts advised by T. Rowe Price Associates, Inc., Invus, Farallon Capital Management, HBM Healthcare Investments, Casdin Capital, and PagsGroup, also participated.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech