Tech Company Financing Transactions
Apollo Therapeutics Funding Round
On 9/7/2023, Apollo Therapeutics landed $226.5 million in Series C funding from Patient Square Capital, M&G Investments and Rock Springs Capital.
Transaction Overview
Company Name
Announced On
9/7/2023
Transaction Type
Venture Equity
Amount
$226,500,000
Round
Series C
Investors
Proceeds Purpose
Proceeds will be used to advance pipeline programmes through clinical development and further fund Apollo's drug discovery and development activities based on breakthroughs in basic medical research at its partner institutions. Capital raised will also be used to licence or acquire additional clinical stage programmes that "meet strict selection criteria".
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
3rd Floor 22 Station Road
Cambridge, England, CB1 2JD
UK
Cambridge, England, CB1 2JD
UK
Phone
Undisclosed
Website
Email Address
Overview
Apollo Therapeutics is a biopharmaceutical company rapidly advancing a robust pipeline of potentially transformative therapeutic programs based on breakthrough discoveries. Through deep relationships with world-leading universities and scientists, the company identifies programs with strong biological hypotheses and potential to become meaningful new treatment options. Apollo's portfolio-based model combines a centralized team of drug development 'architects' and subject matter experts who are able to rigorously evaluate therapeutic programs in an objective, data-driven manner -- prioritizing critical experiments to de-risk programs early. This capital efficiency allows Apollo to focus on scaling a robust and potentially transformative pipeline, with over 15 therapeutic programs in development today across oncology, major inflammatory disorders and rare disease.
Management Team
Title
Name
Email & Social
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