Tech Company Financing Transactions
VintaBio Funding Round
On 4/11/2023, VintaBio landed $64 million in investment from Decheng Capital.
Transaction Overview
Company Name
Announced On
4/11/2023
Transaction Type
Venture Equity
Amount
$64,000,000
Round
Undisclosed
Investors
Decheng Capital (Lead Investor)
Proceeds Purpose
This fund to helped support the development of its now-open 22,500-square-foot Philadelphia facility, designed specifically to streamline cell and gene therapy development and manufacturing.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
4050 S. 26th St 160/200
Philadelphia, PA 19112
USA
Philadelphia, PA 19112
USA
Phone
Website
Email Address
Overview
VintaBio's development and manufacturing team has over a century of experience in the cell and gene therapy space and its members have played key roles in the development of the most advanced therapies on the market today. Located in the historic Navy Yards of Philadelphia -- the epicenter of cell and gene therapy innovation -- VintaBio specializes in developing and manufacturing consistent, high-quality viral vectors, a vital and currently underserved area of CGT development. The company was founded by Junwei Sun and Dr. Shangzhen Zhou, who led development of the AAV vectors behind the first two FDA-approved gene therapies, as well as the lentiviral vector for the first FDA-approved cell therapy. VintaBio has raised $64 million in venture funding, which has been used to develop a brand new 22,500 square foot facility in Philadelphia created specifically to facilitate efficient cell and gene therapy manufacturing.
Management Team
Title
Name
Email & Social
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