Tech Company Financing Transactions
STRM.BIO Funding Round
Bill & Melinda Gates Foundation participated in a venture round for STRM.BIO. This venture round was announced on 10/3/2023.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
Company will focus on the cell type specificity of the Company's extracellular vesicle platform for gene therapy delivery.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
750 Main Street
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Based in Boston, MA, STRM.BIO ("storm bio") is a pre-clinical, VC-backed biotechnology company that aims to fulfill the promise of gene therapy by leveraging extracellular vesicles (EVs) to deliver treatment directly to the patient (in vivo). Unlike viruses, EVs are natural carriers of nucleic acids and proteins with innate targeting capabilities, amenability to large scale/commercial manufacture, and low immunogenicity -- which make them excellent cell messengers for gene therapies. Our proprietary EV platform is establishing a whole new class of therapeutics, yielding new therapies and making existing ones more effective. At STRM.BIO, we believe that our work has the potential to democratize gene therapy and bring hope for patients fighting rare diseases worldwide. We are currently recruiting team members who can help us make our vision a life-saving reality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Thon
Chief Financial Officer
Diane Marcou
Chief Operating Officer
David Raiser
Chief Technical Officer
Sadettin Ozturk
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