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Modifi Bio Raises Additional $4.3 Million In Seed Funding

PRIVATEOct 16, 2023

Amount Raised

$4.3 Million

Round Type

Seed

New HavenBiotechnologyHealth Care

Investors

Elm City Bioscience CenterInkefInkef CapitalDeallusLucas De BreedNovo NordiskModifi BioRanjit S. Bindra, M.D., Ph.D., Co Founder Of Modifi BioBright EdgeThe Sontag FoundationPathway Bio VenturesNational Brain Tumor SocietyAdvantage CapitalHigh Cape CapitalConnecticut Innovation

Description

Modifi Biosciences, a leader in DNA modification as a novel approach to target cancer, today announced the closing of $4.3 million in a second round of seed financing, bringing the total raised to date to $10.7 million. This round included existing investors Connecticut Innovation, HighCape Capital, Advantage Capital (Ironwood) and the National Brain Tumor Society, while also adding new investors Pathway BioVentures, The Sontag Foundation, and BrightEdge, the impact investment and innovation arm of the American Cancer Society.

Quick answer

Modifi Bio raised $4.3 Million in a Seed round, dated October 16, 2023. Investors: Elm City Bioscience Center, Inkef, Inkef Capital, Deallus, Lucas De Breed, Novo Nordisk, Modifi Bio and Ranjit S. Bindra, M.D., Ph.D., Co Founder Of Modifi Bio. Modifi Bio is based in New Haven, Connecticut, United States.

How much did Modifi Bio raise?
Modifi Bio raised $4.3 Million in a Seed round on October 16, 2023.
Who invested in Modifi Bio?
Elm City Bioscience Center, Inkef, Inkef Capital, Deallus, Lucas De Breed, Novo Nordisk, Modifi Bio and Ranjit S. Bindra, M.D., Ph.D., Co Founder Of Modifi Bio are named as investors in this round.
What does Modifi Bio do?
At Modifi Bio, we are changing the oncology treatment paradigm.
Where is Modifi Bio based and how big is it?
Modifi Bio is based in New Haven, Connecticut, United States.
Who are the decision-makers at Modifi Bio?
Fundz holds 1 contact at Modifi Bio, including the Executive Officer, Director. 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 Modifi Bio that raised within 45 days of this round, from Fundz verified event records.

  • INTRINSIC THERAPEUTICS raised $55M on November 30, 2023.
  • Fountain Life raised $87M on November 30, 2023.
  • ArrivoBio raised $45M (Series B) on November 29, 2023.
  • Harness Therapeutics raised $5.2M (Funding Round) on November 28, 2023.
  • Laza Medical raised $25M on November 24, 2023.
  • Africa Healthcare Network raised $20M (Funding Round) on November 22, 2023.

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Company Information

Company

Modifi Bio

Location

55 CHURCH STREET

New Haven, Connecticut, United States

About

At Modifi Bio, we are changing the oncology treatment paradigm. Bypassing the conventional approach of indirectly targeting proteins in cancer cells, Modifi Bio is redefining the rules of oncology treatment: eradicating cancer via direct DNA modification. Our novel platform demonstrates powerful anti-tumor activity in glioma and many other cancers with intrinsic DNA repair defects.

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Related People

1 contact
Verified contactsKingson L., Executive Officer, DirectorSee plans and pricing
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