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Storm Therapeutics Announces Closing Of Usd $30M Series B Financing

PRIVATEDec 14, 2022

Amount Raised

$30 Million

Round Type

Series B

CambridgeBiotechnologyHealth CareTherapeutics

Investors

Cambridge Innovation CapitalTaiho Ventures LLCPfizer VenturesM Ventures

Description

STORM Therapeutics Ltd. (STORM), the clinical biotechnology company discovering and developing novel small molecule therapies targeting RNA modifying enzymes (RMEs) for oncology and other diseases, today announced the successful completion of a USD $30 million Series B financing round.

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Company Information

Company

STORM Therapeutics

Location

Cambridge, England, United Kingdom

About

STORM Therapeutics is a biotechnology company creating novel therapies that inhibit RNA modifying enzymes (RME) for use in oncology and other diseases. There are more than 150 RNA modifications reported and approximately 300 RNA modifying enzymes which represent novel therapeutic targets. STORM has leveraged its first mover advantage to establish a novel drug discovery and RNA analytics platform leading to the identification of novel targets and a proprietary pipeline of first in class small-molecule drug candidates for potential use in oncology, inflammation, viral infections, and CNS diseases.

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Related People

2 contacts
Verified contactsSapna M., Executive Director, Program Team Lead hidden hidden hiddenSee plans and pricing
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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

STORM Therapeutics 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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