Tech Company Financing Transactions
Strand Therapeutics Funding Round
Strand Therapeutics closed a $6 million Seed funding round on 6/5/2019. Backers included Playground Global, Alexandria Venture Investments and ANRI.
Transaction Overview
Company Name
Announced On
6/5/2019
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Proceeds Purpose
The company will use the proceeds to make key hires at its headquarters in Cambridge, Massachusetts, grow its pipeline of engineered gene therapies, and further develop its synthetic biology platform.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
237 Putnam Ave.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Strand was started by biological engineers working together at MIT. Building on the idea of creating smart therapies that are capable of making sophisticated decisions, they sought to apply the concept of the emerging field of mRNA therapeutics.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/4/2019: Bumped venture capital transaction
Next: 6/5/2019: DecisionNext venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs