Glycoera Ag Raises Chf 45 Million (Us$ 49 Million) Series A Financing To Develop Novel Biologics Based On Innovative Glycoengineering Platform
Round Type
Series A
Description
GlycoEra AG announced today the close of a CHF 45 million ($49 million) Series A financing round, co-led by renowned US and European life science investors, 5AM Ventures, Roche Venture Fund and Sofinnova Partners. LimmaTech Biologics AG, from which GlycoEra was spun-out, also participated in this round. The proceeds will be used to support the growth of the company and to demonstrate the breadth and value of its CustomGlycan Platform technology in developing assets that can unlock unique biological activities for therapeutic targets in several disease indications.
Quick answer
GlycoEra AG raised an undisclosed amount in a Series A round, dated November 5, 2021. GlycoEra AG is based in Wädenswil, Zurich, Switzerland.
- How much did GlycoEra AG raise?
- GlycoEra AG raised an undisclosed amount in a Series A round on November 5, 2021.
- What does GlycoEra AG do?
- GlycoEra is positioned as the leading precision protein degradation company.
- Where is GlycoEra AG based and how big is it?
- GlycoEra AG is based in Wädenswil, Zurich, Switzerland. Fundz records about 36 employees.
- Who are the decision-makers at GlycoEra AG?
- Fundz holds 1 contact at GlycoEra AG. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as GlycoEra AG that raised within 45 days of this round, from Fundz verified event records.
- AGC Biologics raised an undisclosed amount (Grant) on December 20, 2021.
- Lexaria Bioscience raised $1.2M on December 20, 2021.
- 20n Bio raised $3.3M (Seed) on December 17, 2021.
- Cardio Diagnostics Inc. raised $1.1M (Seed) on December 17, 2021.
- Plastomics raised $7.1M on December 17, 2021.
- AMBERSTONE BIOSCIENCES, INC. raised $6M on December 17, 2021.
Who to call at GlycoEra AG, and when
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- An alert the day GlycoEra AG raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GlycoEra AG, from your own LinkedIn network
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Funding Insights
What this usually meansGlycoEra AG 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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