Tech Company Financing Transactions
Zymeworks Funding Round
On 1/9/2014, Zymeworks raised $15 million in financing from private investors.
Transaction Overview
Company Name
Announced On
1/9/2014
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new money will enable the company to grow from 40 to about 50 employees, to add expertise in preclinical development, and push its first cancer drug candidate toward clinical trials in late 2015.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1385 West 8th Ave. 540
Vancouver BC, V6H 3V9
Canada
Vancouver BC, V6H 3V9
Canada
Phone
Website
Email Address
Overview
Zymeworks (NYSE: ZYME) is committed to the development of best in class antibody and protein therapeutics for the treatment of cancer, autoimmune and inflammatory diseases. Zymeworks combines proprietary molecular simulation technology with high performance computing to design and optimize protein therapeutics.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/9/2014: Radius venture capital transaction
Next: 1/9/2014: Closing Time venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We record tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs