Fundz

GC Therapeutics raised $65M in a Series A funding round led by Cormorant Asset Management to expand operations and develop cell therapies for various diseases.

PRIVATESep 23, 2024

Amount Raised

$65 Million

Round Type

Series A

CambridgeBiotechnologyHealth CareTherapeutics

Investors

Pear VCCercano ManagementMedical Excellence CapitalBio + HealthAndreessen HorowitzMubadala CapitalCormorant Asset Management

Description

GC Therapeutics, based in Cambridge, MA, has successfully raised $65M in Series A funding. The round saw participation from prominent investors including Mubadala Capital and Andreessen Horowitz, bringing total capital raised to $75M.

Quick answer

GC Therapeutics raised $65 Million in a Series A round, dated September 23, 2024. Investors: Pear VC, Cercano Management, Medical Excellence Capital, Bio + Health, Andreessen Horowitz, Mubadala Capital and Cormorant Asset Management. GC Therapeutics is based in Cambridge, Massachusetts, United States.

How much did GC Therapeutics raise?
GC Therapeutics raised $65 Million in a Series A round on September 23, 2024.
Who invested in GC Therapeutics?
Pear VC, Cercano Management, Medical Excellence Capital, Bio + Health, Andreessen Horowitz, Mubadala Capital and Cormorant Asset Management are named as investors in this round.
What does GC Therapeutics do?
GC Therapeutics is a biopharmaceutical company focused on advancing cell therapy-based medicines.
Where is GC Therapeutics based and how big is it?
GC Therapeutics is based in Cambridge, Massachusetts, United States. Fundz records about 38 employees.
Who are the decision-makers at GC Therapeutics?
Fundz holds 2 contacts at GC Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • TRex Bio raised $42M on November 7, 2024.
  • CrossBridge Bio raised $10M (Seed) on November 4, 2024.
  • Aarvik Therapeutics raised $1.2M (Seed) on November 4, 2024.
  • Blue Earth Therapeutics raised $77M (Series A) on October 31, 2024.
  • Archon Biosciences raised $20M (Seed) on October 30, 2024.
  • SynOx Therapeutics raised $92M (Series B) on October 30, 2024.

Who to call at GC Therapeutics, and when

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

  • An alert the day GC Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at GC Therapeutics, from your own LinkedIn network

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Company Information

Company

GC Therapeutics

Location

Cambridge, Massachusetts, United States

About

GC Therapeutics is a biopharmaceutical company focused on advancing cell therapy-based medicines. It utilizes an induced pluripotent stem cell programming platform, TFome™, which incorporates synthetic biology, gene editing, cell engineering, and machine learning. The company aims to tackle the complexities of therapeutic development and scaling in cell therapy to enhance patient access to treatments. Their primary focus is on developing therapies for gastrointestinal, neurological, and immunological diseases.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

GC 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.