Amount Raised
$50 Million
Round Type
Series B
CambridgeBiotechnologyHealthcareTherapeuticsBiopharmaDescription
LifeMine Therapeutics Inc., a biopharmaceutical company reinventing drug discovery by mining fungal biodiversity to develop mechanistically and structurally novel therapeutics, today announced a $50 million Series B financing from leading life sciences investors. The financing was led by Rick Klausner and Milky Way Investments, with participation from existing investors GV (formerly Google Ventures), WuXi Healthcare Ventures, Foresite Capital, Arch Ventures, Blue Pool Capital, and MRL Ventures Fund. Proceeds from the Series B financing will allow the Company to accelerate and expand its drug discovery efforts, as well as strategically advance select pipeline programs toward clinical development.
Quick answer
LifeMine Therapeutics raised $50 Million in a Series B round, dated January 7, 2021. LifeMine Therapeutics is based in Cambridge, Massachusetts, United States.
- How much did LifeMine Therapeutics raise?
- LifeMine Therapeutics raised $50 Million in a Series B round on January 7, 2021.
- What does LifeMine Therapeutics do?
- LifeMine Therapeutics Inc. is a clinical-stage biopharmaceutical company pioneering Top-Down Drug Discovery™.
- Where is LifeMine Therapeutics based and how big is it?
- LifeMine Therapeutics is based in Cambridge, Massachusetts, United States. Fundz records about 51 employees.
Source: Fundz verified event record.
Who else raised in Healthcare and Therapeutics around the same time
Companies in the same sectors as LifeMine Therapeutics that raised within 45 days of this round, from Fundz verified event records.
- ISOThrive raised $5.2M on February 5, 2021.
- Terns Pharmaceuticals raised $98M on January 7, 2021.
- Terns Pharmaceuticals raised $87M (Series C) on January 5, 2021.
- Parabilis Medicines raised $23M on January 5, 2021.
- OnKure Therapeutics, Inc. raised $47M on December 21, 2020.
- Phio Pharmaceuticals raised $14M on February 16, 2021.
Who to call at LifeMine Therapeutics, and when
A new round usually means LifeMine Therapeutics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day LifeMine Therapeutics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LifeMine Therapeutics, from your own LinkedIn network
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Funding Insights
What this usually meansLifeMine Therapeutics 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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