Tech Company Financing Transactions
HERVolution Therapeutics Funding Round
HERVolution Therapeutics, based in Copenhagen, secured $11.7 million in investment from Serum Institute of India, European Innovation Council Fund and private investors.
Transaction Overview
Company Name
Announced On
12/19/2024
Transaction Type
Venture Equity
Amount
$11,700,000
Round
Series A
Investors
Serum Institute of India (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support key activities, including further validating and demonstrating the value of its human endogenous retroviruses (HERV)-targeting approach, cGMP manufacturing in collaboration with SII, initiating Phase 1 studies of its lead asset, investigating indication expansion opportunities, and expanding company infrastructure to support clinical trials.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Undisclosed
Copenhagen, Undisclosed
Denmark
Copenhagen, Undisclosed
Denmark
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
HERVolution Therapeutics, a Copenhagen, Denmark-based dark genome-focused biotechnology company.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Coleman
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