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Gossamer Bio Announces $212 Million Private Placement Financing

PUBLIC · GOSSJul 20, 2023

Amount Raised

$212 Million

Round Type

Post-IPO Equity

San DiegoBiotechnologyTherapeuticsPharmaceuticalBiopharma

Investors

Gossamer Bio Investor RelationsDr. Jim WhiteDr. Ardi GhofraniDr. Ray BenzaGossamerRock Springs CapitalPalo Alto Investors LpFederated Hermes Kaufmann FundsInvusBoxer CapitalOctagon CapitalSilver Arc CapitalSamsara Bio CapitalNantahalaMadison Avenue Partners, LpFarallonArmistice CapitalEco R1 CapitalNew Enterprise Associates

Description

Gossamer Bio, Inc. (Nasdaq: GOSS), a clinical-stage biopharmaceutical company focused on the development and commercialization of seralutinib for the treatment of pulmonary arterial hypertension (PAH), announced today that it has entered into a securities purchase agreement with institutional and accredited investors to sell securities in a private placement for gross proceeds of approximately $212 million, before deducting placement agent fees and offering expenses.

Quick answer

Gossamer Bio raised $212 Million in a Post-IPO Equity round, dated July 20, 2023. Investors: Gossamer Bio Investor Relations, Dr. Jim White, Dr. Ardi Ghofrani, Dr. Ray Benza, Gossamer, Rock Springs Capital, Palo Alto Investors Lp and Federated Hermes Kaufmann Funds. Gossamer Bio is based in San Diego, California, United States.

How much did Gossamer Bio raise?
Gossamer Bio raised $212 Million in a Post-IPO Equity round on July 20, 2023.
Who invested in Gossamer Bio?
Gossamer Bio Investor Relations, Dr. Jim White, Dr. Ardi Ghofrani, Dr. Ray Benza, Gossamer, Rock Springs Capital, Palo Alto Investors Lp and Federated Hermes Kaufmann Funds are named as investors in this round.
What does Gossamer Bio do?
Gossamer Bio is a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing therapeutics in the disease areas of immunology, inflammation and oncology.
Where is Gossamer Bio based and how big is it?
Gossamer Bio is based in San Diego, California, United States. Fundz records about 170 employees.
Who are the decision-makers at Gossamer Bio?
Fundz holds 1 contact at Gossamer Bio, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Pharmaceutical around the same time

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

  • Oragenics raised $850K (Series C) on August 4, 2023.
  • Foresee Pharmaceuticals raised $42M (Funding Round) on June 27, 2023.
  • Entero Therapeutics raised $431K (Seed) on June 13, 2023.
  • Alkeus Pharmaceuticals raised $150M (Series B) on June 5, 2023.
  • Inhibrx raised $200M on August 31, 2023.
  • Inhibrx raised $200M (Post-IPO Equity) on August 29, 2023.

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Company Information

Company

Gossamer Bio

Location

3115 Merryfield Row

San Diego, California, United States

About

Gossamer Bio is a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing therapeutics in the disease areas of immunology, inflammation and oncology. Its goal is to be an industry leader in each of these therapeutic areas and to enhance and extend the lives of patients suffering from such diseases.

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Related People

1 contact
Verified contactsFaheem H., Executive Officer, Director hiddenSee plans and pricing
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Gossamer 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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