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Zenas BioPharma closes upsized $200 million Series C financing led by SR One, NEA, Norwest Venture Partners, and Delos Capital

PUBLIC · ZBIOMay 07, 2024

Amount Raised

$200 Million

Round Type

Series C

WalthamBiotechnologyHealth CareTherapeutics

Investors

New Enterprise AssociatesDelos CapitalNorwest Venture PartnersSR One

Description

Zenas BioPharma announced the closing of an upsized $200 million Series C preferred stock financing to support ongoing mid-to-late-stage clinical development programs for their lead product candidate, obexelimab.

Quick answer

Zenas BioPharma raised $200 Million in a Series C round, dated May 7, 2024. Investors: New Enterprise Associates, Delos Capital, Norwest Venture Partners and SR One. Zenas BioPharma is based in Waltham, Massachusetts, United States.

How much did Zenas BioPharma raise?
Zenas BioPharma raised $200 Million in a Series C round on May 7, 2024.
Who invested in Zenas BioPharma?
New Enterprise Associates, Delos Capital, Norwest Venture Partners and SR One are named as investors in this round.
What does Zenas BioPharma do?
Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies for patients in need around the world.
Where is Zenas BioPharma based and how big is it?
Zenas BioPharma is based in Waltham, Massachusetts, United States. Fundz records about 122 employees.
Who are the decision-makers at Zenas BioPharma?
Fundz holds 1 contact at Zenas BioPharma. 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 Zenas BioPharma that raised within 45 days of this round, from Fundz verified event records.

  • āshibio raised $40M (Series A) on June 20, 2024.
  • iOnctura BV raised $86M (Series B) on June 20, 2024.
  • Autobahn Therapeutics raised $101M on June 20, 2024.
  • Mustang Bio raised $2.5M on June 19, 2024.
  • Canton Strategic Holdings, Inc. raised $2.1M on June 18, 2024.
  • InduPro raised $85M (Series A) on June 13, 2024.

Who to call at Zenas BioPharma, and when

A new round usually means Zenas BioPharma is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Zenas BioPharma raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Zenas BioPharma, from your own LinkedIn network

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Company Information

Company

Zenas BioPharma

Location

1000 WINTER ST, SUITE 1200

Waltham, Massachusetts, United States

About

Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies for patients in need around the world. With clinical development capabilities and operations globally, Zenas is advancing a portfolio of potentially differentiated autoimmune therapeutics in areas of high unmet medical need. Our experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases.

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Zenas BioPharma 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.