Tech Company Financing Transactions
Cempra Funding Round
Cempra, based in Chapel Hill, secured $14 million from Aisling Capital and Intersouth Partners.
Transaction Overview
Company Name
Announced On
9/30/2006
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors
Aisling Capital (Andrew Schiff)
Intersouth Partners (Garheng Kong)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
6320 Quadrangle Dr. 360
Chapel Hill, NC 27517
USA
Chapel Hill, NC 27517
USA
Phone
Website
Email Address
Overview
Cempra develops novel, well-differentiated antibiotics to meet critical medical needs.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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