Tech Company Financing Transactions
Adcendo Funding Round
Adcendo secured a $135 million Series B investment round on 11/25/2024. Investors included TCGX, Dawn Biopharma and Gilde Healthcare Partners.
Transaction Overview
Company Name
Announced On
11/25/2024
Transaction Type
Venture Equity
Amount
$135,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to advance, broaden, and accelerate the development of its ADC pipeline, including the ADCE-T02 (Tissue Factor ADC), ADCE-D01 (uPARAP ADC), ADCE-B05 and A0401 programs.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
BioInnovation Institute, Ole Maaløes Vej 3, Copenhagen, Capi
Copenhagen, 2200
DK
Copenhagen, 2200
DK
Phone
Undisclosed
Website
Email Address
Overview
Adcendo ApS is a Copenhagen-based biotech company dedicated to developing highly differentiated antibody-drug conjugates (ADCs) for the treatment of underserved cancers. Antibody-drug conjugates (ADCs) represent an emerging drug modality, directing anticancer therapeutics to malignant cells overexpressing particular surface target molecules. 10+ ADCs are now in routine clinical use for cancer patients, with many more novel ADC assets currently investigated in clinical studies in solid tumors and hematologic malignancies
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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