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Memo Therapeutics raises CHF 20 million in Series C extension financing

RECENTLY ACQUIREDMay 07, 2024

Amount Raised

CHF20 Million

Round Type

Series C

SchlierenBiotechnologyHealth CareScience And Engineering

Investors

Red AlpineFresenius Medical Care VenturesGf GroupSchroders CapitalVerve VenturesAdjuvant CapitalVesalius BiocapitalSwisscantoPureos BioventuresKurma PartnersYsios Capital

Description

Memo Therapeutics AG has successfully raised CHF 20 million as part of an extension of its Series C financing, bringing the total amount raised in the funding round to CHF 45 million. The new funding will support the clinical advancement of MTx’s lead asset, AntiBKV, and the development of MTx’s pipeline by leveraging its B-cell screening platform to select best-in-class humanized antibodies in other viral infections and oncology.

Quick answer

Memo Therapeutics AG raised CHF20 Million in a Series C round, dated May 7, 2024. Investors: Red Alpine, Fresenius Medical Care Ventures, Gf Group, Schroders Capital, Verve Ventures, Adjuvant Capital, Vesalius Biocapital and Swisscanto. Memo Therapeutics AG is based in Schlieren, Zurich, Switzerland.

How much did Memo Therapeutics AG raise?
Memo Therapeutics AG raised CHF20 Million in a Series C round on May 7, 2024.
Who invested in Memo Therapeutics AG?
Red Alpine, Fresenius Medical Care Ventures, Gf Group, Schroders Capital, Verve Ventures, Adjuvant Capital, Vesalius Biocapital and Swisscanto are named as investors in this round.
What does Memo Therapeutics AG do?
Memo Therapeutics AG is an innovator in the field of antibody discovery and immune repertoire analysis.
Where is Memo Therapeutics AG based and how big is it?
Memo Therapeutics AG is based in Schlieren, Zurich, Switzerland.
Who are the decision-makers at Memo Therapeutics AG?
Fundz holds 1 contact at Memo Therapeutics AG. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Biotechnology around the same time

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

  • Alzamend Neuro raised $25M (Series A) on May 9, 2024.
  • Variantyx raised $36M (Funding Round) on April 26, 2024.
  • Sydnexis raised $1000K (Series B) on April 24, 2024.
  • DeepCure raised $25M (Series A) on April 11, 2024.
  • 22nd Century raised $4.2M (Seed) on April 8, 2024.
  • Nucleai raised $14M (Funding Round) on April 3, 2024.

Who to call at Memo Therapeutics AG, and when

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

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Company Information

Company

Memo Therapeutics AG

Location

Schlieren, Zurich, Switzerland

About

Memo Therapeutics AG is an innovator in the field of antibody discovery and immune repertoire analysis. The company’s antibody discovery platform uses robust, simple, and fast microfluidic single-cell molecular cloning and screening technologies to enable antibody repertoire mining and antibody discovery at unprecedented speed, efficiency, and sensitivity. The platform captures and preserves entire B-cell repertoires from any donor species and any B-cell type in recombinant form for display using mammalian cells. The antibody repertoires are subsequently screened in single-cell format using microfluidic screening technology that can assess millions of candidate antibodies directly in functional assays, resulting in recombinant clonal cell lines expressing monoclonal antibodies (mAbs) with the desired functional properties. Exploiting the power of its microfluidic single-cell molecular cloning and screening technologies, Memo Therapeutics AG engages in antibody discovery across species and indications for proprietary and partnered projects. The company’s current pipeline features programs in infectious diseases and immuno-oncology. Memo Therapeutics AG is a private company located in Bio-Technopark Zurich, Switzerland.

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Memo Therapeutics AG 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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