Fundz

Latus Bio, Inc. raised $54M in Series A financing led by 8VC and DCVC Bio to develop gene therapy candidates for CNS disorders.

PRIVATEMay 02, 2024

Amount Raised

$54 Million

Round Type

Series A

PhiladelphiaBiotechnologyHealth Care

Investors

GaingelsModi VenturesBenjamin Franklin Technology PartnersThe Children’s Hospital Of Philadelphia FoundationSamsung Life Science FundDCVC Bio8VC

Description

Latus Bio, Inc. has announced the launch and an initial close of $54 million in Series A financing. The funding round is being led by 8VC and DCVC Bio, with syndicate partners including Samsung Life Science Fund, The Children’s Hospital of Philadelphia Foundation, Benjamin Franklin Technology Partners, Modi Ventures, and Gaingels.

Quick answer

Latus Bio raised $54 Million in a Series A round, dated May 2, 2024. Investors: Gaingels, Modi Ventures, Benjamin Franklin Technology Partners, The Children’s Hospital Of Philadelphia Foundation, Samsung Life Science Fund, DCVC Bio and 8VC. Latus Bio is based in Philadelphia, Pennsylvania, United States.

How much did Latus Bio raise?
Latus Bio raised $54 Million in a Series A round on May 2, 2024.
Who invested in Latus Bio?
Gaingels, Modi Ventures, Benjamin Franklin Technology Partners, The Children’s Hospital Of Philadelphia Foundation, Samsung Life Science Fund, DCVC Bio and 8VC are named as investors in this round.
What does Latus Bio do?
Latus Bio is a post-platform company with proprietary technologies to identify and engineer novel AAV capsid variants with unprecedented potency, specificity, and develop ability, screening directly in non-human..
Where is Latus Bio based and how big is it?
Latus Bio is based in Philadelphia, Pennsylvania, United States. Fundz records about 29 employees.
Who are the decision-makers at Latus Bio?
Fundz holds 2 contacts at Latus Bio, including the Chief Operating Officer. 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 Latus Bio that raised within 45 days of this round, from Fundz verified event records.

  • Hubly raised $1.3M on June 14, 2024.
  • Novabay raised $226K on June 14, 2024.
  • UPyTher raised $1.5M (Seed) on June 13, 2024.
  • InduPro raised $85M (Series A) on June 13, 2024.
  • Sova Health raised $1M (Seed) on June 11, 2024.
  • Moleculent AB raised $26M (Series A) on June 11, 2024.

Who to call at Latus Bio, and when

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

  • An alert the day Latus Bio raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Latus Bio, from your own LinkedIn network

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Company Information

Company

Latus Bio

Location

Philadelphia, Pennsylvania, United States

About

Latus Bio is a post-platform company with proprietary technologies to identify and engineer novel AAV capsid variants with unprecedented potency, specificity, and develop ability, screening directly in non-human primates at single-cell resolution.

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Fundz sees it the moment Latus Bio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsAinslie L., Chief Operating Officer hidden hiddenSee plans and pricing
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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

Latus Bio 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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