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Prellis Biologics Appoints New Ceo, Raises $35 Million In Series C Funding To Leverage Human Immune System Biology To De-Risk And Accelerate Therapeutics Drug Discovery And Development

PRIVATEAug 10, 2022

Amount Raised

$35 Million

Round Type

Series C

HaywardInformation TechnologyBiotechnology

Description

Prellis Biologics, Inc (Prellis Bio), a biotherapeutics company, today appointed Michael Nohaile, PhD as its new CEO and announced it has raised a $35 million Series C funding round, co-led by Celesta Capital and Avidity Partners with participation from Khosla Ventures, SOSV, True Ventures, and Lucas Venture Group. Dr. Nohaile joins from Generate Biomedicines and succeeds Prellis Bio founder Dr. Melanie Matheu, who will assume the role of Chief Technology Officer and retain a Board seat

Quick answer

Prellis Biologics, Inc raised $35 Million in a Series C round, dated August 10, 2022. Prellis Biologics, Inc is based in Hayward, California, United States.

How much did Prellis Biologics, Inc raise?
Prellis Biologics, Inc raised $35 Million in a Series C round on August 10, 2022.
Where is Prellis Biologics, Inc based and how big is it?
Prellis Biologics, Inc is based in Hayward, California, United States.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Endovia Health Sciences, Inc. raised an undisclosed amount (Funding Round) on September 23, 2022.
  • Novabay raised $3.3M (Seed) on September 23, 2022.
  • CASI Pharmaceuticals raised an undisclosed amount on September 23, 2022.
  • Leuko raised $5M (Series A) on September 23, 2022.
  • Surge raised $2.6M (Seed) on September 23, 2022.
  • 511 Therapeutics raised $50K (Pre-Seed) on September 23, 2022.

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Company Information

Company

Prellis Biologics, Inc

Location

3944 Trust Way

Hayward, California, United States

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