Tech Company Financing Transactions
Shasqi Funding Round
Shasqi, operating out of San Francisco, secured $10 million in investment from Y Combinator.
Transaction Overview
Company Name
Announced On
11/1/2019
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Y Combinator (Uri Lopatin)
Proceeds Purpose
The proceeds of the financing are being used to complete GMP manufacturing for the company's lead drug candidate and to support a Phase 1 human trial, expected to commence in Q2 2020.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
665 3rd St. 250
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Shasqi, Inc., founded in 2018, is a privately held company focused on developing cancer treatments using bioorthogonal click chemistry for localized drug delivery. Shasqi's treatments employ activating agents in an injected biomaterial to concentrate and activate systemic prodrug versions of cancer drugs directly at the tumor site.
Management Team
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