Tech Company Financing Transactions
858 Therapeutics Funding Round
858 Therapeutics, based in San Diego, raised $50 million from Avidity Partners, Alexandria Venture Investments and Insight Venture Partners.
Transaction Overview
Company Name
Announced On
9/27/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds for ongoing clinical development of PARG inhibitor ETX-19477 and further advancement of its pipeline.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4757 Nexus Center Dr. 150
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
858 Therapeutics is a biotechnology and drug discovery company developing a portfolio of small molecule drugs that act on novel therapeutic targets in oncology, including proteins that regulate RNA and the innate immune response. 858 was founded by a veteran team who together bring a track record of success in pharma and biotech drug discovery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeffrey Stafford
Chief Scientific Officer
James Veal
Vice President
Gretchen Bain
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