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VerImmune Inc. raised $4.5 million in a Pre-Series A financing round led by Beiley Biofund to advance its Virus-inspired Particle (ViP™) platform technology.

PRIVATESep 23, 2024

Amount Raised

$4.5 Million

Round Type

Pre-Series A

BaltimoreBiotechnology

Investors

GaingelsDr. John BallantyneProxima VenturesMana VenturesBeiley Biofund

Description

VerImmune Inc. has successfully completed the first closing of its Pre-Series A financing round, raising $4.5 million to further develop its innovative ViP-based therapeutics. The round was led by Beiley Biofund, with participation from various other investors, including returning supporters.

Quick answer

VerImmune raised $4.5 Million in a Pre-Series A round, dated September 23, 2024. Investors: Gaingels, Dr. John Ballantyne, Proxima Ventures, Mana Ventures and Beiley Biofund. VerImmune is based in Baltimore, Maryland, United States.

How much did VerImmune raise?
VerImmune raised $4.5 Million in a Pre-Series A round on September 23, 2024.
Who invested in VerImmune?
Gaingels, Dr. John Ballantyne, Proxima Ventures, Mana Ventures and Beiley Biofund are named as investors in this round.
What does VerImmune do?
VerImmune is biotechnology company developing a novel first-in-class cancer therapy known as Anti-tumor Immune Redirection (AIR).
Where is VerImmune based and how big is it?
VerImmune is based in Baltimore, Maryland, United States.
Who are the decision-makers at VerImmune?
Fundz holds 2 contacts at VerImmune, including the Executive Officer, Director, Promoter. 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 VerImmune that raised within 45 days of this round, from Fundz verified event records.

  • Cytonics Corp raised $8.3M (Seed) on November 7, 2024.
  • Acelot raised $8.7M (Seed) on November 7, 2024.
  • Geron raised $375M (Debt Financing) on November 7, 2024.
  • Nexstem raised $3.5M (Seed) on November 7, 2024.
  • EdenRoc Sciences raised $2.8M (Seed) on November 7, 2024.
  • TRex Bio raised $42M on November 7, 2024.

Who to call at VerImmune, and when

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Company Information

Company

VerImmune

Location

1812 ASHLAND AVENUE

Baltimore, Maryland, United States

About

VerImmune is biotechnology company developing a novel first-in-class cancer therapy known as Anti-tumor Immune Redirection (AIR). This strategy utilizes a proprietary virus-inspired particle (ViP) technology platform that redirects pre-existing pathogenic or childhood vaccine immune memory towards tumors.

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Related People

2 contacts
Verified contactsJoshua Weiyuan W., Executive Officer, Director, PromoterSee plans and pricing
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VerImmune 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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