Tech Company Financing Transactions
Galera Therapeutics Funding Round
On 9/21/2018, Galera Therapeutics raised $150 million in Series C financing from Clarus, Adage Capital Management and Correlation Ventures.
Transaction Overview
Company Name
Announced On
9/21/2018
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series C
Investors
Proceeds Purpose
Galera plans to use the proceeds of the combined equity and royalty financings to advance the clinical development of GC4419 into and through a pivotal Phase 3 clinical trial for the treatment of severe oral mucositis (SOM) in patients with head and neck cancer, its lead indication.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
2 West Liberty Blvd. 110
Malvern, PA 19355
USA
Malvern, PA 19355
USA
Phone
Website
Email Address
Not Recorded
Overview
Galera Therapeutics (Nasdaq: GRTX) develops therapeutic agents for preventing damage to normal tissues during the radiation treatment of cancer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mel Sorensen
Chief Financial Officer
Joel Sussman
Chief Medical Officer
Jon Holmlund
Chief Operating Officer
Robert Beardsley
Chief Scientific Officer
Dennis Riley
VP - Bus. Development
Arthur Fratamico
VP - Bus. Development
Stephen Ross
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We do our best to report on all VC transactions involving tech companies. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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