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Innovac Therapeutics Completes $18 Million Series Pre-A Financing To Fund The Development Of Its Lead Programs And Manufacturing Capabilities

PRIVATESep 01, 2023

Amount Raised

$18 Million

Round Type

Funding Round

CambridgeManufacturingBiotechnologyHealth CareTherapeutics

Investors

Tg Sino Dragon FundYunion Healthcare VenturesVision Plus CapitalElikon Venture

Description

Innovac Therapeutics, an mRNA therapeutics company, today announced the completion of an $18 million Series Pre-A financing. The financing round includes Elikon Venture, Vision Plus Capital, Yunion Healthcare Ventures, TG Sino-Dragon Fund and other industry and private individuals. The proceeds will be used to further develop its technology platform and manufacturing capability to advance its lead programs to clinical stage.

Quick answer

Innovac Therapeutics raised $18 Million in a Funding Round round, dated September 1, 2023. Investors: Tg Sino Dragon Fund, Yunion Healthcare Ventures, Vision Plus Capital and Elikon Venture. Innovac Therapeutics is based in Cambridge, Maryland, United States.

How much did Innovac Therapeutics raise?
Innovac Therapeutics raised $18 Million in a Funding Round round on September 1, 2023.
Who invested in Innovac Therapeutics?
Tg Sino Dragon Fund, Yunion Healthcare Ventures, Vision Plus Capital and Elikon Venture are named as investors in this round.
What does Innovac Therapeutics do?
Innovac Therapeutics is a biotechnology company dedicated to developing innovative vaccines for patients with unmet medical needs, using our proprietary RNA technology platforms and manufacturing capabilities.
Where is Innovac Therapeutics based and how big is it?
Innovac Therapeutics is based in Cambridge, Maryland, United States.
Who are the decision-makers at Innovac Therapeutics?
Fundz holds 1 contact at Innovac Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Manufacturing around the same time

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

  • Experic raised an undisclosed amount (Series B) on October 5, 2023.
  • Endovia Health Sciences, Inc. raised $1.3M (Seed) on October 5, 2023.
  • Aurora Cannabis raised $31M (Funding Round) on October 3, 2023.
  • Amicus Therapeutics raised an undisclosed amount (Funding Round) on October 2, 2023.
  • RedHill Biopharma Ltd raised $4M (Seed) on September 28, 2023.
  • OssDsign raised $16M (Funding Round) on September 27, 2023.

Who to call at Innovac Therapeutics, and when

A new round usually means Innovac Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Innovac Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Innovac Therapeutics, from your own LinkedIn network

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Company Information

Company

Innovac Therapeutics

Location

Cambridge, Maryland, United States

About

Innovac Therapeutics is a biotechnology company dedicated to developing innovative vaccines for patients with unmet medical needs, using our proprietary RNA technology platforms and manufacturing capabilities.

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