Tech Company Financing Transactions
Monte Rosa Therapeutics Funding Round
Monte Rosa Therapeutics, based in Boston, received $96 million from Aisling Capital, Amzak Health Investors and Cambridge Asset Management.
Transaction Overview
Company Name
Announced On
9/25/2020
Transaction Type
Venture Equity
Amount
$96,000,000
Round
Series B
Investors
Aisling Capital (Lead Investor) (Andrew Schiff)
New Enterprise Associates (Ali Behbahani)
Versant Ventures (Alex Mayweg)
Proceeds Purpose
This financing will enable Monte Rosa to accelerate the growth of its pipeline, advance development candidates into the clinic and bolster its platform capabilities to rationally design and develop small molecule degraders (also known as molecular glues) that hijack the body's innate ability to degrade proteins.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
40 Guest St.
Boston, MA 02135
USA
Boston, MA 02135
USA
Phone
Undisclosed
Website
Email Address
Overview
Small molecule protein degraders are set to reshape the way by which diseases will be treated. Our rational approach in targeting disease-causing proteins for degradation will deliver pioneering therapies for cancer and beyond. Headquartered in Boston with additional laboratory facilities in Basel, Monte Rosa Therapeutics is a private company launched in 2020.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Markus Warmuth
Chief Financial Officer
Ajim Tamboli
Chief Scientific Officer
John Castle
Chief Scientific Officer
Owen Wallace
Vice President
Silvia Buonamici
Vice President
Alexander Flohr
Vice President
Giorgio Ottaviani
VP - Bus. Development
Jullian Jones
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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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