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Trellis Bioscience raises $9 million in Series C funding to advance clinical development of Calpurbatug (TRL1068), targeting antibiotic-resistant infections. New and existing investors including AMR Action Fund and New Science Ventures participated.

PRIVATEJul 16, 202624 days ago

Amount Raised

$9 Million

Round Type

Series C

Redwood CityBiotechnologyHealth Care

Investors

The Doctor Group Of DallasAmr Action FundEaston CapitalNew Science Ventures

Description

Trellis Bioscience announced the closing of a $9 million Series C financing aimed at supporting the Phase 2 trial of Calpurbatug (TRL1068) for chronic prosthetic joint infections. The funding attracted participation from both existing and new investors. This investment solidifies Trellis's total equity funding at approximately $35 million, complemented by substantial non-dilutive grant support.

Company Information

Company

Trellis Bioscience

Location

Redwood City, California, United States

About

Trellis Bioscience is a clinical-stage biotechnology company focused on developing native human monoclonal antibodies (mAbs) to treat intractable infectious diseases. The company is currently advancing its investigational treatment, calpurbatug (TRL1068), for chronic prosthetic joint infections. With substantial funding from various investors, Trellis aims to redefine the treatment for antibiotic-resistant infections. They utilize innovative approaches to combat the challenges posed by bacterial biofilm in infections.

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