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Goldfinch Bio Secures $100 Million in Series B Financing

PRIVATEJun 30, 2020

Amount Raised

$100 Million

Round Type

Series B

CambridgeHealthcare

Description

Goldfinch Bio, a clinical stage biotechnology company focused on discovering and developing precision medicines for the treatment of kidney diseases, today announced the closing of an oversubscribed Series B financing, which raised $100 million. The financing was led by Eventide Asset Management, and included new investors Wellington Management Company, Ally Bridge Group, funds and accounts managed by BlackRock, Casdin Capital, LLC and Irving Investors, along with existing investors Gilead Sciences, Yonjin Capital, Schroeder Adveq and other undisclosed institutional investors. In connection with the financing, Joy Ghosh, Ph.D., a senior research analyst at Eventide Asset Management, will join the Company’s Board of Directors.

Quick answer

Goldfinch Bio, Inc. raised $100 Million in a Series B round, dated June 30, 2020. Goldfinch Bio, Inc. is based in Cambridge, Maryland, United States.

How much did Goldfinch Bio, Inc. raise?
Goldfinch Bio, Inc. raised $100 Million in a Series B round on June 30, 2020.
What does Goldfinch Bio, Inc. do?
Goldfinch Bio, Inc. is a clinical stage biotechnology company that leverages a genomics-based, precision medicine approach to discovering and developing kidney disease treatments.
Where is Goldfinch Bio, Inc. based and how big is it?
Goldfinch Bio, Inc. is based in Cambridge, Maryland, United States.
Who are the decision-makers at Goldfinch Bio, Inc?
Fundz holds 1 contact at Goldfinch Bio, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare around the same time

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

  • NeuroRescue, Inc. raised $200K (Pre-Seed) on August 14, 2020.
  • CirrusMD raised $67K (Seed) on August 14, 2020.
  • SpIntellx, Inc. raised $463K (Seed) on August 14, 2020.
  • Jumo Health raised $2.3M (Seed) on August 14, 2020.
  • Phosplatin Therapeutics LLC raised $18M on August 14, 2020.
  • Vicarious Surgical raised $13M on August 14, 2020.

Who to call at Goldfinch Bio, Inc., and when

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Company Information

Company

Goldfinch Bio, Inc.

Location

215 FIRST STREET

Cambridge, Maryland, United States

About

Goldfinch Bio, Inc. is a clinical stage biotechnology company that leverages a genomics-based, precision medicine approach to discovering and developing kidney disease treatments. Its Kidney Genome Atlas (KGA™) is a proprietary biology platform that drives candidate discovery, patient selection and biomarker development. The Company’s lead candidate, GFB-887, is a TRPC5 ion channel inhibitor, expected to enter Phase 2 clinical studies in mid-2020 for the treatment of kidney diseases. Goldfinch Bio is also developing GFB-024, a peripherally-restricted cannabinoid receptor 1 (CB1) inverse agonist monoclonal antibody, for the treatment of rare and metabolic kidney diseases and expects to submit an investigational new drug (IND) application in 2021. Goldfinch Bio, headquartered in Cambridge, Massachusetts, was launched in 2016 by Third Rock Ventures and has an established strategic collaboration with Gilead Sciences, Inc. For more information about Goldfinch Bio, visit www.goldfinchbio.com.

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Related People

1 contact
Verified contacts16 people are listed at Goldfinch Bio, Inc.. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Goldfinch Bio, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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