Tech Company Financing Transactions
Versanis Bio Funding Round
Atlas Venture, Medicxi Ventures and Aditum Bio participated in a $70 million Series A venture round for Versanis Bio. The round was announced on 9/1/2021.
Transaction Overview
Company Name
Announced On
9/1/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to advance a comprehensive phase 2 clinical program to evaluate the potential of bimagrumab to help obese patients lose fat and achieve an improved body composition.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1111 Bdwy. 1300
Oakland, CA 94607
USA
Oakland, CA 94607
USA
Phone
Website
Email Address
Overview
Versanis Bio was established to discover and develop first-in-class medicines that address medical conditions prevalent in older adults.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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