Tech Company Financing Transactions
iOnctura Funding Round
Syncona, 3B Future Health Fund and European Innovation Council Fund invested in a $85.5 million Series B funding round for iOnctura. This VC investment round was announced by the company on 6/20/2024.
Transaction Overview
Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$85,500,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development of lead asset roginolisib for treatment of uveal melanoma and a number of other oncology indications. iOnctura plans to commence trials in other cancer indications, including non-small cell lung cancer and primary myelofibrosis, later in 2024.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Campus Biotech Innovation Park Avenue Sécheron 15
Genève, 1202
CH
Genève, 1202
CH
Phone
Undisclosed
Website
Email Address
Overview
Founded in June 2017, iOnctura is a clinical stage biopharmaceutical company focused on delivering innovative cancer treatments to patients with unmet medical need. iOnctura is uncovering the key to unlock difficult to treat tumors burdened by stroma and immune mediated resistance. We do this by simultaneously targeting multiple tumor survival mechanisms with a single drug, disrupting the dynamic interplay at the heart of the tumor-stroma-immune interface.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Catherine Pickering
Chief Financial Officer
David SEEBERGER
Chief Marketing Officer
Michael LAHN
Chief Technical Officer
Lars Veen
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We do our best to report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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