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Kivu Bioscience raised $92 million in a Series A led by Novo Holdings to advance multiple oncology programs into the clinic.

PRIVATEOct 28, 2024

Amount Raised

$92 Million

Round Type

Series A

San FranciscoBiotechnologyHealth Care

Investors

HealthcapBioGeneration VenturesGimvRed Tree Venture CapitalM VenturesBrabantse Ontwikkelings Maatschappij (Bom)Novo Holdings

Description

Kivu Bioscience has successfully closed a $92 million Series A financing round, led by Novo Holdings alongside various other investors. The funds will be utilized to push their next-generation antibody-drug conjugates into clinical development, aiming for safer and more effective cancer treatments.

Quick answer

Kivu Bioscience raised $92 Million in a Series A round, dated October 28, 2024. Investors: Healthcap, BioGeneration Ventures, Gimv, Red Tree Venture Capital, M Ventures, Brabantse Ontwikkelings Maatschappij (Bom) and Novo Holdings. Kivu Bioscience is based in San Francisco, California, United States.

How much did Kivu Bioscience raise?
Kivu Bioscience raised $92 Million in a Series A round on October 28, 2024.
Who invested in Kivu Bioscience?
Healthcap, BioGeneration Ventures, Gimv, Red Tree Venture Capital, M Ventures, Brabantse Ontwikkelings Maatschappij (Bom) and Novo Holdings are named as investors in this round.
What does Kivu Bioscience do?
Kivu Bioscience is pioneering next-generation antibody-drug conjugates (ADCs) in oncology.
Where is Kivu Bioscience based and how big is it?
Kivu Bioscience is based in San Francisco, California, United States.
Who are the decision-makers at Kivu Bioscience?
Fundz holds 2 contacts at Kivu Bioscience. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

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

  • Pleno raised $25M (Series B) on December 12, 2024.
  • Parol raised $1.3M (Seed) on December 12, 2024.
  • LaNua Medical raised $6.3M (Seed) on December 12, 2024.
  • Syncell raised $15M (Series A) on December 11, 2024.
  • Noema Pharma raised $147M (Series B) on December 11, 2024.
  • East Ocyon Bio raised $4.2M (Seed) on December 11, 2024.

Who to call at Kivu Bioscience, and when

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

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Company Information

Company

Kivu Bioscience

Location

San Francisco, California, United States

About

Kivu Bioscience is pioneering next-generation antibody-drug conjugates (ADCs) in oncology. The company’s proprietary linker-payload technology delivers enhanced safety and efficacy, minimizing off-target effects to improve patient outcomes. Kivu is advancing its first two lead candidates to clinical trials expected to begin in 2025.

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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

Kivu Bioscience 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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