Tech Company Financing Transactions
Hemispherian Funding Round
Hemispherian closed a $9.8 million financing round on 10/19/2022. Backers included European Innovation Council Fund.
Transaction Overview
Company Name
Announced On
10/19/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$9,800,000
Round
Undisclosed
Investors
Proceeds Purpose
Financing from the EIC accelerator will be used to advance GLIX1, one of Hemispherian's lead assets, through a phase I and phase II clinical trial.
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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