Tech Company Financing Transactions
Concerto Biosciences Funding Round
Concerto Biosciences, based in Cambridge, secured $23 million in investment from Safar & Partners, Horizons Ventures and M Ventures.
Transaction Overview
Company Name
Announced On
11/2/2022
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to advance its first product through first-in-human studies, accelerate its discovery platform, and leverage the platform to expand its line of products in partnership with other companies.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
279 Harvard street Apartment 41
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Concerto Biosciences reinvents humanity's relationship with microbes. We envision a future where each of us fine-tunes the microbial communities in us, on us, and around us to stay healthy. To pave the way, Concerto invented a platform to measure, in ultra-high throughput, how microbes behave in the presence of each other. These measurements enable Concerto to see the world as it is: a massive underlying network of microbial interactions that shapes the health of our bodies and our planet. The network reveals new products--"ensembles" of microbes that work in concert to perform tasks that benefit people. Our first ensembles rehabilitate the skin microbiome, providing protection from previously intractable diseases like eczema and restoring health to millions.
Management Team
Title
Name
Email & Social
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