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Iecure Raises $65 Million To Advance In Vivo Gene Editing Programs For The Treatment Of Rare Pediatric Liver Diseases

PRIVATENov 30, 2022

Amount Raised

$65 Million

Round Type

Funding Round

PhiladelphiaBiotechnologyHealth CareGeneticsTherapeutics

Investors

Novo VenturesVersant VenturesLYFE CapitalNovo Holdings A/S

Description

iECURE, a gene editing company focused on the development of mutation-agnostic in vivo gene insertion, or knock-in, editing therapies for the treatment of liver disorders with significant unmet need, announced today the completion of a $65 million Series A-1 financing. The Series A-1 financing was co-led by Novo Holdings A/S and LYFE Capital with significant participation from existing investors Versant Ventures and OrbiMed Advisors.

Quick answer

iECURE raised $65 Million in a Funding Round round, dated November 30, 2022. Investors: Novo Ventures, Versant Ventures, LYFE Capital and Novo Holdings A/S. iECURE is based in Philadelphia, Pennsylvania, United States.

How much did iECURE raise?
iECURE raised $65 Million in a Funding Round round on November 30, 2022.
Who invested in iECURE?
Novo Ventures, Versant Ventures, LYFE Capital and Novo Holdings A/S are named as investors in this round.
What does iECURE do?
iECURE is a gene editing company focused on developing therapies that utilize mutation-agnostic in vivo gene insertion, or knock-in, editing for the treatment of liver disorders with significant unmet need.
Where is iECURE based and how big is it?
iECURE is based in Philadelphia, Pennsylvania, United States.

Source: Fundz verified event record.

Who else raised in Genetics and Therapeutics around the same time

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

  • Akamis Bio raised $30M (Funding Round) on January 5, 2023.
  • Solid Biosciences raised $9.2M on December 2, 2022.
  • MPC Therapeutics raised an undisclosed amount (Seed) on January 11, 2023.
  • Nest Genomics raised $8.5M (Seed) on January 10, 2023.
  • Inotrem raised an undisclosed amount (Funding Round) on January 9, 2023.
  • Liquidia raised an undisclosed amount (Debt Financing) on January 9, 2023.

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Company Information

Company

iECURE

Location

Philadelphia, Pennsylvania, United States

About

iECURE is a gene editing company focused on developing therapies that utilize mutation-agnostic in vivo gene insertion, or knock-in, editing for the treatment of liver disorders with significant unmet need. We believe our approach has the potential to replace and restore the function of a dysfunctional gene by knocking-in a healthy copy, regardless of mutation, to offer durable gene expression and long-term, potentially curative, therapeutic benefit. Our management team has extensive experience in executing global orphan drug and gene therapy clinical trials and successfully commercializing multiple products. We intend to leverage our team’s core strength in research and development strategy to identify what we believe to be the most suitable target and modality for our product candidates to address particular liver diseases. We are collaborating with the University of Pennsylvania’s Gene Therapy Program (GTP) led by James M. Wilson, M.D., Ph.D., to utilize GTP’s world-class translational expertise and infrastructure, which has helped generate our initial pipeline of potential product candidates. For more information, visit https://iecure.com and follow on LinkedIn.

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