Ring Therapeutics Raises $86.5 Million In Series C Funding To Create Next Generation Programmable Medicines
Amount Raised
$86.5 Million
Round Type
Series C
CambridgeBiotechnologyHealth CareDescription
Ring Therapeutics, a life sciences company founded by Flagship Pioneering to revolutionize gene therapy with its commensal virome platform, today announced that it raised $86.5 million in Series C funding, bringing its total funds raised to date to $230 million. Investors included Alexandria Venture Investments; Altitude Life Science Ventures; CJ Investment; Ring’s founder, Flagship Pioneering; Invus; Kyowa Kirin Co., Ltd; Partners Investment; funds and accounts advised by T. Rowe Price Associates, Inc.; UPMC Enterprises, and others including all of Ring’s existing institutional shareholders.
Quick answer
Ring raised $86.5 Million in a Series C round, dated March 9, 2023. Ring is based in Cambridge, Maryland, United States.
- How much did Ring raise?
- Ring raised $86.5 Million in a Series C round on March 9, 2023.
- What does Ring do?
- The company developed the Anellogy™ platform which focuses on anelloviruses to potentially treat a broad range of diseases.
- Where is Ring based and how big is it?
- Ring is based in Cambridge, Maryland, United States. Fundz records about 47 employees.
- Who are the decision-makers at Ring?
- Fundz holds 1 contact at Ring. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Ring that raised within 45 days of this round, from Fundz verified event records.
- Trellis Bioscience raised $1.4M on April 20, 2023.
- Lifeist Wellness raised an undisclosed amount (Debt Financing) on April 20, 2023.
- Phio Pharmaceuticals raised $4M (Seed) on April 20, 2023.
- MedShift raised $108M (Funding Round) on April 20, 2023.
- Hasten Biopharmaceutic Ltd raised $315M (Funding Round) on April 20, 2023.
- Legend Biotech raised $200M on April 19, 2023.
Who to call at Ring, and when
A new round usually means Ring is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ring raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ring, from your own LinkedIn network
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Related People
Ring 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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