Tech Company Financing Transactions
Abata Therapeutics Funding Round
Abata Therapeutics closed a $95 million Series A funding round on 6/24/2021. Backers included Third Rock Ventures, ElevateBio and Invus.
Transaction Overview
Company Name
Announced On
6/24/2021
Transaction Type
Venture Equity
Amount
$95,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
245 1st St.
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
Abata's autologous Treg cell therapies are engineered to express T cell receptors (TCRs) that recognize antigens present in tissue where an autoimmune response has been triggered. This enables Abata's Tregs to target the site of disease for a robust effect without imposing systemic immune suppression.
Management Team
Title
Name
Email & Social
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