Tech Company Financing Transactions
Agomab Funding Round
Agomab, based in Ghent, raised $89 million in funding from Invus and Sanofi Ventures.
Transaction Overview
Company Name
Announced On
10/25/2024
Transaction Type
Venture Equity
Amount
$89,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to further advance the ongoing clinical development of its lead candidate, AGMB-129, a gut-restricted oral small molecule inhibitor of ALK5 (TGFß1R), in patients with fibrostenosing Crohn's disease (FSCD).
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Franklin Rooseveltlaan 348
Ghent, 9000
Belgium
Ghent, 9000
Belgium
Phone
Undisclosed
Website
Email Address
Overview
Agomab is translating a deep expertise in growth factor biology to pioneer and develop novel treatments that aim to resolve fibrosis, repair tissue structure and restore organ function.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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