Tech Company Financing Transactions
Adagene Funding Round
Adagene, operating out of San Francisco, secured $28 million from GE Healthcare Financial Services, Eight Roads and F-Prime Capital.
Transaction Overview
Company Name
Announced On
1/29/2016
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series B
Investors
GE Healthcare Financial Services (Lead Investor) (Dongmei Ji)
F-Prime Capital (Thomas Beck)
Proceeds Purpose
The Series B funding will be used to advance multiple programs into clinical proof of concept, as well as to continue Adagene's discovery efforts addressing unmet medical needs through differentiated therapies.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
315 Montgomery St.
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
Adagene is an antibody discovery and engineering company with proprietary Smart Antibody Technology, which increases success rates, substantially accelerates time to market, and reduces the costs associated with developing a therapeutic antibody.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Luo
Chief Financial Officer
Raymond Tam
Chief Scientific Officer
Felix Du
Vice President
Yan Li
VP - Bus. Development
Alexander Goergen
VP - Operations
Kristine She
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