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Taysha Gene Therapies Announces $150 Million Private Placement Financing

PUBLIC · TSHAAug 14, 2023

Amount Raised

$150 Million

Round Type

Post-IPO Equity

DallasBiotechnology

Description

Taysha Gene Therapies, Inc. (Nasdaq: TSHA), a clinical-stage gene therapy company focused on developing and commercializing AAV-based gene therapies for the treatment of monogenic diseases of the central nervous system (CNS), announced today that it has entered into a securities purchase agreement for a private placement financing (the “PIPE”) that is expected to result in gross proceeds of approximately $150 million, before deducting placement agent commissions and offering expenses. The PIPE was led by new investor, RA Capital Management, with participation from a large institutional investor, PBM Capital, RTW Investments, LP, Venrock Healthcare Capital Partners, TCGX, Acuta Capital Partners, Kynam Capital Management, LP, Octagon Capital, Invus, GordonMD® Global Investments LP, and B Group Capital.

Quick answer

Taysha Gene Therapies, Inc. raised $150 Million in a Post-IPO Equity round, dated August 14, 2023. Taysha Gene Therapies, Inc. is based in Dallas, Texas, United States.

How much did Taysha Gene Therapies, Inc. raise?
Taysha Gene Therapies, Inc. raised $150 Million in a Post-IPO Equity round on August 14, 2023.
What does Taysha Gene Therapies, Inc. do?
Taysha Gene Therapies is on a mission to eradicate monogenic CNS disease.
Where is Taysha Gene Therapies, Inc. based and how big is it?
Taysha Gene Therapies, Inc. is based in Dallas, Texas, United States.
Who are the decision-makers at Taysha Gene Therapies, Inc?
Fundz holds 1 contact at Taysha Gene Therapies, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Deka Biosciences, Inc. raised $20M (Series B) on September 28, 2023.
  • Hepion Pharmaceuticals raised $5M on September 28, 2023.
  • Slope raised $30M (Funding Round) on September 28, 2023.
  • Triastek raised $20M (Funding Round) on September 28, 2023.
  • Trautec raised an undisclosed amount (Series B) on September 28, 2023.
  • RedHill Biopharma Ltd raised $4M (Seed) on September 28, 2023.

Who to call at Taysha Gene Therapies, Inc., and when

A new round usually means Taysha Gene Therapies, Inc. is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Taysha Gene Therapies, Inc.

Location

3000 PEGASUS PARK DRIVE

Dallas, Texas, United States

About

Taysha Gene Therapies is on a mission to eradicate monogenic CNS disease. With a singular focus on developing curative medicines, we hope to rapidly translate our treatments from bench to bedside. We have combined our team’s proven experience in gene therapy drug development and commercialization with the world-class UT Southwestern Gene Therapy Program to quickly and efficiently build an extensive, AAV gene therapy pipeline focused on both rare and large-market indications. Together, we leverage our fully integrated platform—an engine for new cures—to dramatically improve patients’ lives.

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Fundz sees it the moment Taysha Gene Therapies, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Taysha Gene Therapies, Inc. 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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