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Sironax Announces Closing Of $200 Million Series B Financing

RECENTLY ACQUIREDAug 02, 2022

Amount Raised

$200 Million

Round Type

Series B

BeijingBiotechnologyHealth CareTherapeutics

Description

Sironax, an emerging biotechnology company dedicated to the discovery and global development of novel treatments for patients with age-related degenerative diseases, today announced the completion of a $200 million Series B financing. The round was led by Gaorong Capital and Yunfeng Capital, with participation from existing investors including Temasek, Invus, F-Prime Capital, Eight Roads, ARCH Venture Partners, K2 Venture Partners and lead investors from previous financings. In addition to the co-leads, new investors include MSA Capital, CBC Group, Long River Investments, LSV Capital, Superstring Capital, and Future Innovation Fund as well as a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). With the closing of this round, the Company has raised over $300 million to date.

Quick answer

Sironax raised $200 Million in a Series B round, dated August 2, 2022. Sironax is based in Beijing, Beijing, China.

How much did Sironax raise?
Sironax raised $200 Million in a Series B round on August 2, 2022.
What does Sironax do?
Sironax is a clinical-stage biotechnology company dedicated to the discovery and global development of novel treatments for patients with age-related degenerative diseases.
Where is Sironax based and how big is it?
Sironax is based in Beijing, Beijing, China.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Novome raised an undisclosed amount (Funding Round) on September 15, 2022.
  • Carver raised an undisclosed amount (Seed) on September 15, 2022.
  • Adaptive Biotechnologies Corporation raised an undisclosed amount (Grant) on September 12, 2022.
  • Autobahn Therapeutics raised an undisclosed amount (Funding Round) on September 8, 2022.
  • Photys Therapeutics raised $75M (Series A) on September 8, 2022.
  • SpringWorks raised $225M (Post-IPO Equity) on September 7, 2022.

Who to call at Sironax, and when

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

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Company Information

Company

Sironax

Location

Beijing, Beijing, China

About

Sironax is a clinical-stage biotechnology company dedicated to the discovery and global development of novel treatments for patients with age-related degenerative diseases. Since its founding in 2017, Sironax has built a diverse pipeline of multiple programs, focusing on key mechanisms underlying age-related degenerative diseases including regulated cell death, neuroprotective pathways and neuroinflammation. Sironax is currently conducting early clinical studies with SIR0365 and SIR2446, in addition to ongoing preclinical research. For more information, please visit www.sironax.com

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Sironax 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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