Tech Company Financing Transactions
Hemispherian Funding Round
On 11/24/2022, Hemispherian secured $2.9 million in Series A funding from Meneldor, private investors and Kistefos AS.
Transaction Overview
Company Name
Announced On
11/24/2022
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support its drug development activities, expand its preclinical pipeline and advance its lead therapeutic compounds towards clinical development.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Gaustadalléen 21
Oslo, 0349
Norway
Oslo, 0349
Norway
Phone
Website
Email Address
Overview
Hemispherian is an innovative preclinical pharmaceutical company focused on developing a novel class of small molecule drugs. These drugs target the TET2 enzyme as an epigenetic therapy for particularly aggressive cancers. The Company's lead compound is currently in late stage preclinical development for glioblastoma multiforme, a deadly cancer of the central nervous system.
Management Team
Title
Name
Email & Social
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