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Surge Therapeutics Raises $32M Series B Financing To Advance Intraoperative Immunotherapy To Improve Cancer Patient Survival Outcomes Post-Surgery

PRIVATEJul 19, 2023

Amount Raised

$32 Million

Round Type

Series B

CambridgeBiotechnologyHealth CareTherapeutics

Investors

Pitango Health TechKhosla VenturesIntuitive VenturesCancer Research InstituteCamford CapitalAlumni Ventures8VCPiedmont CapitalKd T VenturesBioluminescence Ventures

Description

SURGE Therapeutics (SURGE), a biotech company pioneering the delivery of immunotherapy during cancer surgery, announced today the completion of a $32 million Series B financing led by Bioluminescence Ventures, with participation from KdT Ventures, Piedmont Capital, and existing investors 8VC, Alumni Ventures, Camford Capital, Cancer Research Institute, Intuitive Ventures, Khosla Ventures, and Pitango HealthTech.

Quick answer

SURGE Therapeutics raised $32 Million in a Series B round, dated July 19, 2023. Investors: Pitango Health Tech, Khosla Ventures, Intuitive Ventures, Cancer Research Institute, Camford Capital, Alumni Ventures, 8VC and Piedmont Capital. SURGE Therapeutics is based in Cambridge, Maryland, United States.

How much did SURGE Therapeutics raise?
SURGE Therapeutics raised $32 Million in a Series B round on July 19, 2023.
Who invested in SURGE Therapeutics?
Pitango Health Tech, Khosla Ventures, Intuitive Ventures, Cancer Research Institute, Camford Capital, Alumni Ventures, 8VC and Piedmont Capital are named as investors in this round.
What does SURGE Therapeutics do?
SURGE seeks to dramatically improve cancer patient survival by disrupting how, when, and where cancer immunotherapy is deployed -- focusing 100% of the effective dose at the right place and at the right time.
Where is SURGE Therapeutics based and how big is it?
SURGE Therapeutics is based in Cambridge, Maryland, United States.
Who are the decision-makers at SURGE Therapeutics?
Fundz holds 1 contact at SURGE Therapeutics, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Innovac Therapeutics raised $18M (Funding Round) on September 1, 2023.
  • Alpha Cognition raised $1.3M (Seed) on August 31, 2023.
  • Lexeo Therapeutics raised an undisclosed amount (Corporate Round) on August 28, 2023.
  • Rapport raised $150M (Series B) on August 24, 2023.
  • Fore Biotherapeutics raised $75M (Series D) on August 24, 2023.
  • Actimed Therapeutics raised $6.1M (Series A) on August 22, 2023.

Who to call at SURGE Therapeutics, and when

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

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Company Information

Company

SURGE Therapeutics

Location

Cambridge, Maryland, United States

About

SURGE seeks to dramatically improve cancer patient survival by disrupting how, when, and where cancer immunotherapy is deployed -- focusing 100% of the effective dose at the right place and at the right time. Surgery is the standard of care for most patients with solid tumors, and we are working tirelessly to ensure that nobody grieves the loss of a loved one to preventable post-surgical cancer recurrence.

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Related People

1 contact
Verified contactsMICHAEL G., CEO 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

SURGE 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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