Tech Company Financing Transactions
Concentric Analgesics Funding Round
Concentric Analgesics, based in San Francisco, scored $76 million in investment from Oracle, Cowen Capital Partners and Kern Whelan Capital.
Transaction Overview
Company Name
Announced On
5/23/2019
Transaction Type
Venture Equity
Amount
$76,000,000
Round
Series B
Investors
Proceeds Purpose
Concentric intends to use the proceeds from the financing to advance its lead product candidate, CA-008, into late stage clinical trials targeting the post-surgical market.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
101 California St. 1210
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Website
Email Address
Overview
Concentric Analgesics, Inc. is a private, biotechnology company focused on discovering and developing novel, non-opioid therapeutics for the management of acute and chronic pain. Founded in 2014 and based in San Francisco, California, Concentric is developing a portfolio of non-opioid therapeutics that provide long-lasting pain relief after a single local administration.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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