Amount Raised
$31 Million
Round Type
Post-IPO Equity
ArlingtonBiotechnologyDescription
Kala Pharmaceuticals, Inc. (NASDAQ:KALA), a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare diseases of the eye, today announced that it has entered into a definitive agreement with a life sciences-focused investor for the sale, in a private placement priced at-the-market under Nasdaq rules, of shares of its common stock and Series E Convertible Non-Redeemable Preferred Stock (Series E Preferred) in two tranches for gross proceeds of up to $31 million.
Quick answer
Kala raised $31 Million in a Post-IPO Equity round, dated November 28, 2022. Kala is based in Arlington, Massachusetts, United States.
- How much did Kala raise?
- Kala raised $31 Million in a Post-IPO Equity round on November 28, 2022.
- What does Kala do?
- Kala is a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare diseases of the eye.
- Where is Kala based and how big is it?
- Kala is based in Arlington, Massachusetts, United States.
- Who are the decision-makers at Kala?
- Fundz holds 1 contact at Kala, including the Chief Financial Officer . Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as Kala that raised within 45 days of this round, from Fundz verified event records.
- MetaCene raised an undisclosed amount (Seed) on January 12, 2023.
- Wheeler Bio raised an undisclosed amount (Funding Round) on January 12, 2023.
- LinusBio raised $16M (Funding Round) on January 12, 2023.
- Vero Biotech Inc. raised $30M (Funding Round) on January 11, 2023.
- MPC Therapeutics raised an undisclosed amount (Seed) on January 11, 2023.
- MyndTec raised $200K on January 11, 2023.
Who to call at Kala, and when
A new round usually means Kala is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kala raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kala, from your own LinkedIn network
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Related People
Kala 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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