How much did Ocean Biomedical raise?

Ocean Biomedical raised $7.56 Million in a funding round on May 25, 2023.

Who are the decision-makers at Ocean Biomedical?

Fundz holds 1 contact at Ocean Biomedical. Names and contact details are shown to Fundz members.

Ocean Biomedical reported raising $7.56 Million in an initial SEC Form D filing, from an offering of $27 Million

PUBLIC · OCEAJun 15, 2023$7.6M of $27M raised

Amount Raised

$7.56 Million

$7.56 Million sold, per SEC Form D (first sale May 25, 2023)

Round Type

Venture

New YorkBiotechnology

Quick answer

Ocean Biomedical raised $7.56 Million in a funding round, dated May 25, 2023. Ocean Biomedical is based in New York, New York, United States.

How much did Ocean Biomedical raise?: Ocean Biomedical raised $7.56 Million in a funding round on May 25, 2023.
What does Ocean Biomedical do?: Ocean Biomedical is a 21st century biopharma company that partners with leading scientists and research institutions to accelerate the translation of new discoveries into breakthrough medicines.
Where is Ocean Biomedical based and how big is it?: Ocean Biomedical is based in New York, New York, United States.
Who are the decision-makers at Ocean Biomedical?: Fundz holds 1 contact at Ocean Biomedical. 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 Ocean Biomedical that raised within 45 days of this round, from Fundz verified event records.

NFlection Therapeutics raised $4M (Seed) on July 7, 2023.
Bausch Health Companies raised $600M (Funding Round) on July 7, 2023.
AssayQuant Technologies, Inc. raised $5.1M on July 7, 2023.
Verismo Therapeutics raised $19M on July 7, 2023.
Liquet Medical raised an undisclosed amount (Funding Round) on July 6, 2023.
TolerogenixX raised $13M (Series A) on July 6, 2023.

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Company Information

Company

Ocean Biomedical

Location

55 CLAVERICK STREET

New York, New York, United States

About

Ocean Biomedical is a 21st century biopharma company that partners with leading scientists and research institutions to accelerate the translation of new discoveries into breakthrough medicines. We're working to bring together the interdisciplinary expertise and resources required to develop a diverse portfolio of pharmaceutical inventions and technologies through preclinical, clinical, and commercial development. We aim to build a continuous pipeline of drug development opportunities through our relationships with universities and medical centers. Our current product candidates are licensed from Brown University, Stanford University, and Rhode Island Hospital. Our pipeline consists of both preclinical and clinical-stage programs. We anticipate moving certain preclinical product candidates in our oncology, fibrosis and/or infectious disease platforms, into the clinic in the next 12 to 18 months. We also expect that our anti-inflammatory product candidates licensed from Stanford, will commence Phase 1 clinical trials for the treatment of symptoms of COVID-19, in the first quarter of 2021. Our programs in oncology and fibrosis are based on discoveries of disease pathways and of related drug targets emerging from pioneering work in the field of chitinase biology by our scientific co-founder, Jack A. Elias, M.D., Dean of Medicine at Brown. In infectious disease we are developing therapeutic and vaccine candidates against malaria, a disease that kills 500,000 children under the age of five globally each year, that infects 200-300 million people annually worldwide, and for which 3.4 billion people worldwide are at risk. Our product candidates in malaria are based on the discovery by Jonathan Kurtis, M.D., Ph.D., Chair of Pathology and Laboratory Medicine and Director of the M.D./Ph.D. Program at Brown, of two novel malaria antigens, PfSEA-1 and PfGARP which have shown a significant reduction in malaria parasites under testing (press links below).

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Ocean Biomedical 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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