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Hornet Therapeutics raised seed funding from 4BIO Capital to develop treatments for EBV-driven pathologies

May 28, 2024over 1 year ago

Round Type

seed

LondonBiotechnology

Investors

4 Bio Capital

Description

Hornet Therapeutics, a London, UK-based biotech company, raised seed funding from 4BIO Capital. The company emerged from stealth with a strategic collaboration and licensing agreement with Kyowa Kirin to develop and commercialize HTX-201 in EBV-related diseases. The amount of the deal was not disclosed.

Company Information

Company

Hornet Therapeutics

Location

London, England, United Kingdom

About

Hornet Therapeutics is a London, UK-based biotech company focused on developing treatments to address EBV-driven pathologies. The company emerged from stealth with a strategic collaboration and licensing agreement with Kyowa Kirin, enabling them to develop and commercialize HTX-201 in EBV-related diseases.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers