Shasqi Raises $50 Million To Expand Click Chemistry Platform Beyond Injectable Tumors And Accelerate Lead Clinical Program
Amount Raised
$50 Million
Round Type
Funding Round
San FranciscoBiotechnologyHealth CareDescription
Shasqi, a clinical-stage biotechnology company developing precision activated oncology therapeutics with its proprietary Click Activated Protodrugs Against Cancer (CAPACTM) Platform, announced today a Series B funding round of $50 million driven by a syndicate of private investors, including Juan Jaen, Ph.D., President of Arcus Biosciences and Bill Rieflin, Executive Chairman of the Board at NGM Biopharmaceuticals. The funds will be used to advance the Phase 1/2 clinical study of SQ3370 for the treatment of injectable, advanced solid tumors, and will enable Shasqi to expand its click chemistry platform to create therapeutics that do not require intratumoral injections.
Quick answer
Shasqi raised $50 Million in a Funding Round round, dated November 11, 2021. Shasqi is based in San Francisco, California, United States.
- How much did Shasqi raise?
- Shasqi raised $50 Million in a Funding Round round on November 11, 2021.
- What does Shasqi do?
- Shasqi, Inc. is a biotech company with a mission to make cancer drugs more effective with click chemistry.
- Where is Shasqi based and how big is it?
- Shasqi is based in San Francisco, California, United States.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Shasqi that raised within 45 days of this round, from Fundz verified event records.
- Rhaeos raised $2.2M (Seed) on December 24, 2021.
- Arcutis raised $225M (Debt Financing) on December 23, 2021.
- Vero Biotech Inc. raised $27M on December 22, 2021.
- Appili Therapeutics Inc. raised an undisclosed amount (Funding Round) on December 22, 2021.
- TandemAI raised $25M (Seed) on December 22, 2021.
- Galectin raised an undisclosed amount (Debt Financing) on December 21, 2021.
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