Tech Company Financing Transactions

Genespire Funding Round

Genespire closed a $52 million Series B investment round on 9/25/2024. Backers included CDP Venture Capital, Sofinnova Partners and XGen Ventures.

Transaction Overview

Company Name
Announced On
9/25/2024
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Series B
Investors

CDP Venture Capital (Lead Investor) (Marco Dieci)

Sofinnova Partners (Lead Investor)

XGen Ventures (Lead Investor) (Paolo Fundarò)

Proceeds Purpose
The company intends to use the funds to enable the development of its lead candidate GENE202 and improve its pipeline by fostering discovery and preclinical work on candidate products targeting additional genetic diseases.

Company Information

Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Via Visconti di Modrone, 18
Milano, 20122
Italy
Phone
Undisclosed
Email Address
Overview
At Genespire, we develop off-the-shelf gene therapies. Our proprietary immune shielded lentiviral vectors (ISLV) are designed to allow life-long production of a therapy directly from a patient's liver, offering a one-time treatment for adults and children with genetic diseases. Genespire is led by an experienced and international management team with experience from renowned biotech companies and world-class biopharmaceutical organizations.
Profile
Genespire LinkedIn Company Profile
Social Media
Genespire Company Twitter Account
Company News
Genespire News
Facebook
Genespire on Facebook
YouTube
Genespire on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Karen Aiach-Pignet
  Karen Aiach-Pignet LinkedIn Profile  Karen Aiach-Pignet Twitter Account  Karen Aiach-Pignet News  Karen Aiach-Pignet on Facebook
Co-Founder
Alessio Cantore
  Alessio Cantore LinkedIn Profile  Alessio Cantore Twitter Account  Alessio Cantore News  Alessio Cantore on Facebook
Co-Founder
Luigi Naldini
  Luigi Naldini LinkedIn Profile  Luigi Naldini Twitter Account  Luigi Naldini News  Luigi Naldini on Facebook
VP - Bus. Development
Julianne Smith
  Julianne Smith LinkedIn Profile  Julianne Smith Twitter Account  Julianne Smith News  Julianne Smith on Facebook


 

 

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We do our best to document funding rounds that are announced publicly. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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