Tech Company Financing Transactions
Arcus Biosciences Funding Round
Arcus Biosciences closed a $107 million Series C investment round on 11/14/2017. Backers included GV, Aisling Capital and BVF Partners.
Transaction Overview
Company Name
Announced On
11/14/2017
Transaction Type
Venture Equity
Amount
$107,000,000
Round
Series C
Investors
Proceeds Purpose
The proceeds from this financing will be used for the advancement of Arcus's clinical programs for AB928, a first-in-class dual adenosine receptor antagonist, and AB122, a PD-1 antibody.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
3928 Point Eden Way
Hayward, CA 94545
USA
Hayward, CA 94545
USA
Phone
Undisclosed
Website
Email Address
Overview
Arcus Biosciences (NYSE: RCUS) The field of immuno-oncology (or cancer immunotherapy) has exploded in the past decade. Cancer immunotherapies generally work by interfering with the inhibitory signals produced by tumors against certain elements of the immune system. Arcus is initially developing drug therapies for small molecules along the ATP-adenosine pathway.
Management Team
Title
Name
Email & Social
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