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Helaina Raises $20 Million In Series A To Scale Production Of Its Human Milk Proteins Using Precision Fermentation Co-Led By Spark Capital And Siam Capital

PRIVATENov 19, 2021

Amount Raised

$20 Million

Round Type

Series A

New YorkBiotechnologyHealthcare

Description

Helaina, the company using precision fermentation to recreate immune-equivalent proteins previously only available in breast milk, announced today it has raised $20 million in Series A funding. The round was co-led by Spark Capital and Siam Capital, with additional investment from Primary Venture Partners, Plum Alley Investments, Tom Williams, Hannah Bronfman, Gabrielle Union, Matt Rutler and Barrel Ventures, among other strategic partners. The new infusion of funds, which brings total capital raised to $24.6 million, will be used to begin its manufacturing and commercialization process and execute its go-to-market strategy, as well as further the company's talent acquisition efforts.

Quick answer

Helaina Inc raised $20 Million in a Series A round, dated November 19, 2021. Helaina Inc is based in New York, New York, United States.

How much did Helaina Inc raise?
Helaina Inc raised $20 Million in a Series A round on November 19, 2021.
What does Helaina Inc do?
Helaina builds better breast milk alternatives for the modern parent.
Where is Helaina Inc based and how big is it?
Helaina Inc is based in New York, New York, United States.

Source: Fundz verified event record.

Who else raised in Healthcare and Biotechnology around the same time

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

  • Petros Pharmaceuticals, Inc. raised $2.2M (Seed) on January 3, 2022.
  • Clade Therapeutics raised $42K (Pre-Seed) on January 3, 2022.
  • Bond Biosciences raised $6.8M on January 3, 2022.
  • IMV raised an undisclosed amount on January 3, 2022.
  • Venus Concept Inc. raised $12M on December 30, 2021.
  • Venus Concept Inc. raised $4.7M (Seed) on December 30, 2021.

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Company Information

Company

Helaina Inc

Location

180 Varick Street

New York, New York, United States

About

Helaina builds better breast milk alternatives for the modern parent.

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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

Helaina Inc 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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