Tech Company Financing Transactions
NeoPhore Funding Round
NeoPhore closed a $28.5 million Series B funding round on 1/19/2023. Investors included 2Invest, 3B Future Health Fund and Astellas Venture Capital.
Transaction Overview
Company Name
Announced On
1/19/2023
Transaction Type
Venture Equity
Amount
$28,500,000
Round
Series B
Proceeds Purpose
NeoPhore is focused on the discovery and development of novel first-in-class small molecule drugs targeting the DNA mismatch repair (MMR) pathway to treat cancer. The additional funding will be used to progress NeoPhore's expanding pipeline of drugs, encompassing multiple biological targets and modalities of treatment, to the start of IND-enabling studies in 2024.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
3rd Floor, 1 Ashley Road, Altrincham
Cheshire, WA14 2DT
UK
Cheshire, WA14 2DT
UK
Phone
Website
Email Address
Overview
Our approach targets the dynamics of cancer neoantigen evolution through the discovery and design of effective, well-tolerated medicines that will become a key part of the next-generation of cancer immunotherapies. Our compounds target components of the MMR pathway that have been validated in both clinical and preclinical studies. These components are known to modulate neoantigen creation and diversity across numerous cancers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Baker
Chief Financial Officer
Stephen Over
Chief Scientific Officer
Martin Drysdale
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