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Perceive Biotherapeutics Attracts $78M Series B Financing To Advance Diversified Pipeline

PRIVATEJan 05, 2023

Amount Raised

$78 Million

Round Type

Series B

South San FranciscoBiotechnology

Investors

Catalio Capital Management, LPRetinal Degeneration FundDeerfield Management

Description

Perceive Biotherapeutics, a biotech company pioneering novel technologies and therapeutics in ophthalmology, today announced the closing of a $78M Series B funding round led by Johnson & Johnson Innovation – JJDC, Inc.(JJDC), joining existing Series A investor Deerfield Management and new investors Braidwell LP, the Retinal Degeneration Fund, and Catalio Capital Management, LP.

Quick answer

Perceive Biotherapeutics raised $78 Million in a Series B round, dated January 5, 2023. Investors: Catalio Capital Management, LP, Retinal Degeneration Fund and Deerfield Management. Perceive Biotherapeutics is based in South San Francisco, California, United States.

How much did Perceive Biotherapeutics raise?
Perceive Biotherapeutics raised $78 Million in a Series B round on January 5, 2023.
Who invested in Perceive Biotherapeutics?
Catalio Capital Management, LP, Retinal Degeneration Fund and Deerfield Management are named as investors in this round.
What does Perceive Biotherapeutics do?
Perceive Biotherapeutics is advancing a deep and diversified pipeline of targets and treatment modalities in multiple therapeutic verticals, with lead pipeline programs in ophthalmology.
Where is Perceive Biotherapeutics based and how big is it?
Perceive Biotherapeutics is based in South San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • NovAb raised $300K (Seed) on February 17, 2023.
  • Evofem Biosciences raised $1.4M (Seed) on February 17, 2023.
  • Pathos AI raised $20M on February 17, 2023.
  • CardioMech AS raised $4.5M (Seed) on February 16, 2023.
  • Previa Medical raised $2.2M (Seed) on February 16, 2023.
  • 1606 Corp raised $20M (Funding Round) on February 16, 2023.

Who to call at Perceive Biotherapeutics, and when

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

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Company Information

Company

Perceive Biotherapeutics

Location

6000 SHORELINE DRIVE, SUITE 206

South San Francisco, California, United States

About

Perceive Biotherapeutics is advancing a deep and diversified pipeline of targets and treatment modalities in multiple therapeutic verticals, with lead pipeline programs in ophthalmology. Perceive was founded on compelling research elucidating two novel protective biologies for treating retinal blindness, developed from foundational collaborations in genetic science and target validation. The Company is backed by Deerfield Management, Braidwell LP, Retinal Degeneration Fund, the venture arm of the Foundation Fighting Blindness, Catalio Capital Management, LP and others. For more information, please visit www.perceivebio.com

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Perceive Biotherapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.