Tech Company Financing Transactions
SQZ Biotechnologies Funding Round
SQZ Biotechnologies, based in Watertown, secured $5 million in investment from Polaris Partners and private investors.
Transaction Overview
Company Name
Announced On
6/25/2015
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Polaris Partners (Lead Investor) (Amy Schulman)
Proceeds Purpose
The funding will be used towards further development of the platform and exploration of clinical indications enabled by the technology's superior cell engineering capabilities.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
200 Arsenal Yards Blvd.
Watertown, MA 02472
USA
Watertown, MA 02472
USA
Phone
Website
Email Address
Overview
SQZ Biotechnologies (Nasdaq: SQZ). Many promising therapeutic modalities have limited clinical efficacy due to the challenges of delivering molecules into cells. SQZ Biotech seeks to address this fundamental problem by developing its CellSqueeze platform for use in drug discovery and clinical applications.
Management Team
Title
Name
Email & Social
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