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Synthekine Announces $107.5 Million Oversubscribed Series B Financing To Support Lead Programs To Clinical Proof Of Concept, Advance Preclinical Programs And Platform

PRIVATEJun 10, 2021

Amount Raised

$108 Million

Round Type

Series B

Menlo ParkBiotechnologyHealth CareTherapeutics

Description

Synthekine Inc., an engineered cytokine therapeutics company, today announced that it has closed an oversubscribed $107.5 million Series B financing. The round was co-led by Deerfield Management and Janus Henderson Investors, with participation from RA Capital Management, Rock Springs Capital, Omega Funds, TCG X, Lilly Asia Ventures, and an undisclosed leading healthcare investor. Existing investors The Column Group, Samsara BioCapital, Canaan Partners, and Emerson Collective also participated in the round.

Quick answer

Synthekine raised $108 Million in a Series B round, dated June 10, 2021. Synthekine is based in Menlo Park, California, United States.

How much did Synthekine raise?
Synthekine raised $108 Million in a Series B round on June 10, 2021.
What does Synthekine do?
Synthekine Inc. is an engineered cytokine therapeutics company dedicated to developing novel immunotherapies for cancer and inflammatory diseases.
Where is Synthekine based and how big is it?
Synthekine is based in Menlo Park, California, United States.
Who are the decision-makers at Synthekine?
Fundz holds 1 contact at Synthekine. 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 Synthekine that raised within 45 days of this round, from Fundz verified event records.

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Company Information

Company

Synthekine

Location

O'Brien Drive

Menlo Park, California, United States

About

Synthekine Inc. is an engineered cytokine therapeutics company dedicated to developing novel immunotherapies for cancer and inflammatory diseases. The company focuses on advancing its proprietary pipeline and partnering activities.

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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

Synthekine 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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