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Rapafusyn Pharmaceuticals raised $28M in a Series A funding led by 3E Bioventures Capital and Proxima Ventures Ltd.

PRIVATEJun 24, 2024

Amount Raised

$28 Million

Round Type

Series A

BaltimoreBiotechnologyTherapeutics

Investors

Lapam CapitalProxima Ventures Ltd.3 E Bioventures Capital

Description

Rapafusyn Pharmaceuticals, a Baltimore, MD-based company specializing in the discovery and development of therapeutic drugs based on non-degrading molecular glues, raised $28M in Series A funding. The round was led by 3E Bioventures Capital and Proxima Ventures Ltd. with participation from Lapam Capital. The company intends to use the funds to accelerate the progress of its pipeline of macrocyclic peptide-based non-degrading molecular glues and further enhance its internal capabilities.

Quick answer

Rapafusyn Pharmaceuticals raised $28 Million in a Series A round, dated June 24, 2024. Investors: Lapam Capital, Proxima Ventures Ltd. and 3 E Bioventures Capital. Rapafusyn Pharmaceuticals is based in Baltimore, Maryland, United States.

How much did Rapafusyn Pharmaceuticals raise?
Rapafusyn Pharmaceuticals raised $28 Million in a Series A round on June 24, 2024.
Who invested in Rapafusyn Pharmaceuticals?
Lapam Capital, Proxima Ventures Ltd. and 3 E Bioventures Capital are named as investors in this round.
What does Rapafusyn Pharmaceuticals do?
Rapafusyn Pharmaceuticals is an emerging pharmaceutical development company located in Baltimore Maryland.
Where is Rapafusyn Pharmaceuticals based and how big is it?
Rapafusyn Pharmaceuticals is based in Baltimore, Maryland, United States. Fundz records about 17 employees.
Who are the decision-makers at Rapafusyn Pharmaceuticals?
Fundz holds 2 contacts at Rapafusyn Pharmaceuticals. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • IDRx raised $120M (Series B) on August 7, 2024.
  • PolyPid raised $14M on August 6, 2024.
  • NeuroTherapia raised $12M (Series B) on August 6, 2024.
  • bioAffinity Technologies raised $450K on August 5, 2024.
  • bioAffinity Technologies raised $1.3M on August 2, 2024.
  • Lapix Therapeutics raised $2.2M on August 2, 2024.

Who to call at Rapafusyn Pharmaceuticals, and when

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

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Company Information

Company

Rapafusyn Pharmaceuticals

Location

Baltimore, Maryland, United States

About

Rapafusyn Pharmaceuticals is an emerging pharmaceutical development company located in Baltimore Maryland. Rapafusyn has licensed technology related to a novel class of natural product-like macrocycles from Johns Hopkins University School of Medicine and seeks to develop novel pharmaceuticals to treat patients having diseases and fulfill unmet medical needs.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Rapafusyn Pharmaceuticals 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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