SciTech Development raised $3.2M in a convertible note round led by Storm Lake Capital and Pointe Angels to expand clinical trials for T-cell non-Hodgkin lymphoma
Amount Raised
$3.2 Million
Round Type
Seed
Grosse Pointe FarmsBiotechnologyHealth CarePharmaceuticalInvestors
Description
SciTech Development has raised an additional $3.2 million in funding to continue the active enrollment and dosing of patients in its ongoing clinical trial for T-cell non-Hodgkin lymphoma (T-NHL). The financing round was led by Storm Lake Capital and Pointe Angels, alongside new and existing accredited investors. The proceeds from the financing will be used to advance the company's Phase 1b clinical trials of ST-001 for T-NHL and subsequent clinical trials for small cell lung cancer.
Quick answer
SciTech Development raised $3.2 Million in a Seed round, dated June 4, 2024. Investors: Pointe Angels and Storm Lake Capital. SciTech Development is based in Grosse Pointe Farms, Michigan, United States.
- How much did SciTech Development raise?
- SciTech Development raised $3.2 Million in a Seed round on June 4, 2024.
- Who invested in SciTech Development?
- Pointe Angels and Storm Lake Capital are named as investors in this round.
- What does SciTech Development do?
- SciTech Development is a clinical-stage pharmaceutical company committed to advancing the next generation of cancer treatment.
- Where is SciTech Development based and how big is it?
- SciTech Development is based in Grosse Pointe Farms, Michigan, United States. Fundz records about 11 employees.
- Who are the decision-makers at SciTech Development?
- Fundz holds 1 contact at SciTech Development, including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Pharmaceutical and Biotechnology around the same time
Companies in the same sectors as SciTech Development that raised within 45 days of this round, from Fundz verified event records.
- Ensho Therapeutics raised $400K on July 19, 2024.
- Renalys Pharma raised $38M (Series A) on July 17, 2024.
- Virpax Pharmaceuticals raised $2.5M on July 5, 2024.
- N-Power Medicine raised $72M (Series B) on July 1, 2024.
- Phlow raised $5M on June 28, 2024.
- Formation Bio raised $372M (Series D) on June 26, 2024.
Who to call at SciTech Development, and when
A new round usually means SciTech Development is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SciTech Development raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SciTech Development, from your own LinkedIn network
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SciTech Development 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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