Tech Company Financing Transactions
Elicio Therapeutics Funding Round
Elicio Therapeutics, based in Cambridge, raised $73 million from private investors.
Transaction Overview
Company Name
Announced On
2/18/2021
Transaction Type
Venture Equity
Amount
$73,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to advance its lead program ELI-002 into clinical trials in early 2021 for mutated KRAS (mKRAS) driven cancers, estimated to be 25% of all human solid tumors.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1 Kendall Sq. Building 1400 West 14303
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
Elicio, based in Cambridge MA, is committed to transforming the lives of patients and their families by re-engineering the body's immune response to defeat cancer. By combining expertise in materials science and immunology, Elicio is engineering potent vaccines and immuno-therapies for an array of aggressive cancers.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to record all VC transactions involving tech companies. All VC database entries reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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