Tech Company Financing Transactions
Confo Therapeutics Funding Round
On 7/26/2024, Confo Therapeutics raised $65 million in Series B funding from Ackermans & Van Haaren, BioGeneration Ventures and Capricorn Healthcare.
Transaction Overview
Company Name
Announced On
7/26/2024
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to advance two, wholly owned programs through Phase 1 and two additional programs to IND approval, including molecules targeting GPR75 for obesity.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Technologiepark-Zwijnaarde 30
Ghent/Zwijnaarde, 9052
Belgium
Ghent/Zwijnaarde, 9052
Belgium
Phone
Undisclosed
Website
Email Address
Overview
Confo Therapeutics' unparalleled technology stabilizes functional conformations of GPCRs (G protein-coupled receptors) to uncover a wide range of previously inaccessible GPCRs as drug targets. This technology platform combined with the pharmacologic and biologic insight it provides, allows Confo to build a multi-indication pipeline of drug candidates with the potential to transform therapeutic outcomes for patients with severe illnesses lacking disease-modifying treatments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cedric Ververken
Chief Financial Officer
Marc Moens
Chief Scientific Officer
Christel Menet
Chief Technical Officer
Toon Laeremans
VP - Bus. Development
Stephen Dowd
VP - Bus. Development
Paolo Vicini
VP - General Counsel
Frank Landolt
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