Tech Company Financing Transactions
XOMA Corporation Funding Round
Blue Owl Capital invested in a $140 million capital raise for XOMA Corporation. The round was announced on 12/19/2023.
Transaction Overview
Company Name
Announced On
12/19/2023
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Undisclosed
Investors
Blue Owl Capital (Lead Investor)
Proceeds Purpose
Proceeds expected to be used for stock repurchases and additional royalty and milestone acquisitions
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
2200 Powell Street Suite 310
Emeryville, CA 94608
USA
Emeryville, CA 94608
USA
Phone
Website
Email Address
Overview
XOMA Corp is a biotechnology royalty aggregator playing a role in helping biotech companies achieve their goal of improving human health. XOMA acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceutical or biotechnology companies. When XOMA acquires future economic rights, the seller receives non-dilutive, non-recourse funding that can use to advance their internal drug candidate(s) or for general corporate purposes.
Management Team
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