Q32 Bio Closes $60 Million Series B Financing, Advances to Clinical Stage Research in Therapeutics Designed to Restore Immune Homeostasis
Amount Raised
$60 Million
Round Type
Series B
Description
Q32 Bio, a biotechnology company developing biologic therapeutics to restore healthy immune regulation, today announced the completion of a $60 million Series B financing co-led by OrbiMed Advisors and Acorn Bioventures. The company also announced the commencement of a Phase 1 clinical trial evaluating its best-in-class IL-7R antibody ADX-914, a significant milestone marking Q32 Bio's entry into clinical-stage development.
Quick answer
Q32 Bio raised $60 Million in a Series B round, dated October 29, 2020. Q32 Bio is based in Waltham, Massachusetts, United States.
- How much did Q32 Bio raise?
- Q32 Bio raised $60 Million in a Series B round on October 29, 2020.
- What does Q32 Bio do?
- Q32 Bio is a clinical stage biotechnology company whose science targets potent regulators of the adaptive immune system to re-balance immunity and is focused on developing innovative therapies for alopecia areata and..
- Where is Q32 Bio based and how big is it?
- Q32 Bio is based in Waltham, Massachusetts, United States. Fundz records about 34 employees.
- Who are the decision-makers at Q32 Bio?
- Fundz holds 1 contact at Q32 Bio, including the Founder and Principal Consultant. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Therapeutics around the same time
Companies in the same sectors as Q32 Bio that raised within 45 days of this round, from Fundz verified event records.
- Azora Therapeutics, Inc. (DE) raised $296K on November 30, 2020.
- Imago BioSciences, Inc. raised $80M on November 20, 2020.
- Longboard Pharmaceuticals raised $56M on November 18, 2020.
- Elevation Oncology raised $65M on November 18, 2020.
- Definium Therapeutics raised $248K (Seed) on November 13, 2020.
- Damora Therapeutics, Inc. raised $64M on November 5, 2020.
Who to call at Q32 Bio, and when
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- An alert the day Q32 Bio raises, hires an executive or expands, scored against what you sell
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Funding Insights
What this usually meansQ32 Bio 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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