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Trexbio Closes The Final Tranche Of $59 Million Series A Financing To Advance Innovation In Tissue Immunobiology For The Treatment Of Cancer And Inflammatory Diseases

PUBLIC · TRXBJun 22, 2021

Amount Raised

$59 Million

Round Type

Series A

South San FranciscoBiotechnologyHealth CareTherapeutics

Description

TRexBio, a discovery stage company decoding human tissue immune biology to create revolutionary therapeutics, announced the successful close of the final tranche of a $59 million Series A financing. Proceeds from the financing will be used to expand the company’s unique discovery platform that maps human tissue regulatory T cell (Treg) behavior to dysregulation in disease, and to advance its six preclinical therapeutic programs. Investors include Eli Lilly and Company (Lilly), SV Health, Johnson & Johnson Innovation, Pfizer Ventures, and Alexandria Venture Investments.

Quick answer

TRex Bio raised $59 Million in a Series A round, dated June 22, 2021. TRex Bio is based in South San Francisco, California, United States.

How much did TRex Bio raise?
TRex Bio raised $59 Million in a Series A round on June 22, 2021.
What does TRex Bio do?
TRexBio is a discovery stage biotechnology company leveraging cutting edge computational biology tools, a focus on human tissue, and expertise in immunobiology to develop revolutionary therapeutics for cancer and..
Where is TRex Bio based and how big is it?
TRex Bio is based in South San Francisco, California, United States. Fundz records about 62 employees.
Who are the decision-makers at TRex Bio?
Fundz holds 1 contact at TRex Bio. 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 TRex Bio that raised within 45 days of this round, from Fundz verified event records.

  • Renovacor, Inc. raised $2.5M (Seed) on August 4, 2021.
  • Turnstone Biologics Corp raised $80M (Series D) on July 21, 2021.
  • Amylyx Pharmaceuticals raised $135M (Series C) on July 20, 2021.
  • Century Therapeutics raised $11M on July 19, 2021.
  • Turnstone Biologics Corp raised $80M on July 14, 2021.
  • Nimbus Therapeutics raised $105M (Funding Round) on July 13, 2021.

Who to call at TRex Bio, and when

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Company Information

Company

TRex Bio

Location

South San Francisco, California, United States

About

TRexBio is a discovery stage biotechnology company leveraging cutting edge computational biology tools, a focus on human tissue, and expertise in immunobiology to develop revolutionary therapeutics for cancer and inflammatory diseases. Our powerful ‘deep biology’ discovery engine maps human tissue Treg behavior to disease processes, allowing us to identify and characterize novel targets for therapeutic intervention. Leveraging this platform, we are building a broad portfolio of novel therapies that modulate the immune system to restore human tissue immune homeostasis.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

TRex Bio 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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