Tech Company Financing Transactions
Ribometrix Funding Round
Ribometrix closed a $7.8 million funding round on 9/30/2019. Backers included Dementia Discovery Fund and Illumina Ventures.
Transaction Overview
Company Name
Announced On
9/30/2019
Transaction Type
Venture Equity
Amount
$7,800,000
Round
Undisclosed
Proceeds Purpose
The new funding will support the continued development of the Ribometrix discovery platform, which uses sophisticated structural analysis and proprietary assays to identify ligands that bind to highly structured pockets in therapeutically compelling RNAs to modulate protein expression.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
6 Davis Dr.
Durham, NC 27709
USA
Durham, NC 27709
USA
Phone
Undisclosed
Website
Email Address
Overview
A platform therapeutics company discovering small molecule drugs that target functional RNA structures to create new avenues to treat human disease.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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