Tech Company Financing Transactions

Pervasis Therapeutics Funding Round

Pervasis Therapeutics closed a $9.8 million financing round on 1/15/2008. Investors included Flagship Pioneering, Highland Capital Partners and Polaris Partners.

Transaction Overview

Company Name
Pervasis Therapeutics
Announced On
1/15/2008
Transaction Type
Venture Equity
Amount
$9,750,000
Round
Undisclosed
Investors

Flagship Pioneering (Ed Kania)

Highland Capital Partners (Robert Higgins)

Polaris Partners (Amir Nashat)

Proceeds Purpose
The new investment will support further development of Pervasis' innovative Vascugel® blood vessel repair therapeutic, presently in two Phase II clinical trials, as well as continuing research into expanding the product's projected uses into additional vascular and non-vascular applications, including cardiovascular and other indications.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
One Kendall Square B6101
Cambridge, MA 02139
USA
Phone
(617) 621-3407
Website
www.pervasistx.com
Email Address
[email protected]
Overview
Pervasis Therapeutics is focused on creating biologically active vascular technologies to treat significant unmet needs in cardiovascular disease.
Profile
Pervasis Therapeutics LinkedIn Company Profile
Social Media
Pervasis Therapeutics Company Twitter Account
Company News
Pervasis Therapeutics News
Facebook
Pervasis Therapeutics on Facebook
YouTube
Pervasis Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Frederic Chereau
  Frederic Chereau LinkedIn Profile  Frederic Chereau Twitter Account  Frederic Chereau News  Frederic Chereau on Facebook
Co-Founder
Helen Nugent
  Helen Nugent LinkedIn Profile  Helen Nugent Twitter Account  Helen Nugent News  Helen Nugent on Facebook
VP - Bus. Development
Margaret O'Toole
  Margaret O'Toole LinkedIn Profile  Margaret O'Toole Twitter Account  Margaret O'Toole News  Margaret O'Toole on Facebook
VP - Manufacturing
Jack Harvey
  Jack Harvey LinkedIn Profile  Jack Harvey Twitter Account  Jack Harvey News  Jack Harvey on Facebook

 

 

Browse more venture capital transactions:

Prev: 1/15/2008: Evolve IP venture capital transaction
Next: 1/15/2008: NanoGram venture capital transaction

 

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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 

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