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Quanta Therapeutics Raises Over $50 Million In Series D Financing To Advance Its Pipeline Of Kras Inhibitors

PRIVATEMay 22, 2023

Amount Raised

$50 Million

Round Type

Series D

San FranciscoBiotechnology

Description

Quanta Therapeutics, a privately-held biopharmaceutical company pioneering targeted therapies to treat RAS-driven cancers, today announced a $50.7 million Series D financing. The financing was led by Avidity Partners and was supported by Quanta’s existing investors including Sofinnova Investments, Vida Ventures, Surveyor Capital (a Citadel company), Longitude Capital, BVF Partners and AbbVie Ventures. Other new participants were GC&H Investments (the partner fund of Cooley LLP) and WS Investment Company (Wilson Sonsini’s venture arm). The Series D funding brings the total amount raised since inception to over $142 million.

Quick answer

Quanta Therapeutics raised $50 Million in a Series D round, dated May 22, 2023. Quanta Therapeutics is based in San Francisco, California, United States.

How much did Quanta Therapeutics raise?
Quanta Therapeutics raised $50 Million in a Series D round on May 22, 2023.
What does Quanta Therapeutics do?
Quanta Therapeutics is a private biopharmaceutical company focused on the most prevalent and elusive target in oncology—RAS.
Where is Quanta Therapeutics based and how big is it?
Quanta Therapeutics is based in San Francisco, California, United States.
Who are the decision-makers at Quanta Therapeutics?
Fundz holds 1 contact at Quanta Therapeutics, including the Chief Business Officer and Chief Financial Officer. 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 Quanta Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Caribou raised $25M on July 6, 2023.
  • SpyGlass Pharma, Inc. raised $40M on July 6, 2023.
  • Append Medical raised $4.3M (Series A) on July 6, 2023.
  • TolerogenixX raised $13M (Series A) on July 6, 2023.
  • Liquet Medical raised an undisclosed amount (Funding Round) on July 6, 2023.
  • Ocelot Bio raised $3M on July 6, 2023.

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Company Information

Company

Quanta Therapeutics

Location

2 Tower Place, Floor 17

San Francisco, California, United States

About

Quanta Therapeutics is a private biopharmaceutical company focused on the most prevalent and elusive target in oncology—RAS. Our vision is to develop novel small molecule cancer medicines by selectively targeting protein-protein interactions that are key to oncogenic RAS activity. Driving Quanta's success is our unique high-throughput platform that applies Second Harmonic Generation (SHG) optical technology to identify allosteric modulators of membrane-bound protein complexes. The Quanta team has extensive drug development expertise and substantial research experience in the RAS space. By applying innovative medicinal chemistry and its unique protein conformation detection technology, Quanta aims to advance differentiated, next-generation RAS programs that address the resistance paradigms of targeted therapy in oncology. Quanta is headquartered in South San Francisco, CA, and has a site in Radnor, PA. Find more information at https://www.quantatx.com/ Follow us on LinkedIn: Quanta Therapeutics

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1 contact
Verified contactsVanessa J., Chief Business Officer and Chief Financ… hidden hiddenSee plans and pricing
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