Tech Company Financing Transactions
Wheeler Bio Funding Round
Wheeler Bio, operating out of Oklahoma City, , received $31 million from Charles River Laboratories, Echo and Alloy Therapeutics.
Transaction Overview
Company Name
Announced On
4/13/2023
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series A
Investors
Charles River Laboratories (Lead Investor)
Echo (Lead Investor)
Proceeds Purpose
The company intends to use the funds to complete its CGMP cell banking and drug substance manufacturing facility (500 L scale) in The Ziggurat, a downtown Oklahoma City office tower.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
The Ziggurat 120 Robert South Kerr Avenue
Oklahoma City, , OK 73102
USA
Oklahoma City, , OK 73102
USA
Phone
Undisclosed
Website
Email Address
Overview
Wheeler Bio brings biologics drug innovators, discovery CROs, and CDMOs together to solve an outdated industry bottleneck with a unique partnering model, built on shared success and lasting collaborations. The typical momentum drop between discovery and development poses significant challenges for emerging biopharma companies adding technical, financial, and regulatory risks. We believe these lifecycle challenges can be reduced with more democratization of manufacturing platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jesse McCool
Chief Financial Officer
Matt Hamilton
Chief Operating Officer
Roger Lias
Chief Technical Officer
Stephen Hamilton
Co-Founder
Yuk Chun
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