Tech Company Financing Transactions
SonoThera Funding Round
SonoThera, operating out of San Francisco, scored $60.8 million in investment from Arch Venture Partners, Alexandria Venture Investments and Eli Lilly and Company.
Transaction Overview
Company Name
Announced On
12/5/2022
Transaction Type
Venture Equity
Amount
$60,750,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support the continued development of its ultrasound-guided, nonviral, gene therapy platform and treatments, designed to provide patients with genetic medicines.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
201 Haskins Way 5th Floor
San Francisco, CA 94080
USA
San Francisco, CA 94080
USA
Phone
Website
Email Address
Overview
SonoThera is expanding the possibilities of disease treatment with ultrasound-guided nonviral gene therapy for diseases with suboptimal or non-existent treatments. We aim to improve the lives and health of millions of people. Our mission is to develop genetic medicines that treat the root cause of human disease.
Management Team
Title
Name
Email & Social
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We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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