Tech Company Financing Transactions
Vedanta Biosciences Funding Round
Vedanta Biosciences closed a $68 million Series D funding round on 7/22/2021. Backers included Magnetar Capital Return, Fosun Pharma and Health for Life Capital Fund.
Transaction Overview
Company Name
Announced On
7/22/2021
Transaction Type
Venture Equity
Amount
$68,000,000
Round
Series D
Investors
Proceeds Purpose
The company plans to use the funds to advance its pipeline of defined bacterial consortia, including progressing VE303 into a Phase 3 clinical trial in patients at high risk for recurrentCDI, initiating a Phase 2 clinical trial of VE202 in mild to moderate ulcerative colitis, and continuing to advance programs in additional indications.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
19 Blackstone St.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
Vedanta Biosciences was founded by PureTech and a team of world renowned experts in immunology and microbiology. Vedanta Biosciences is developing a class of drugs that work by modulating the human microbiome, with an initial emphasis in autoimmune and inflammatory diseases.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernat Olle
Chief Financial Officer
Mark Mullikin
Chief Medical Officer
Jeffrey Silber
Chief Operating Officer
Daniel Couto
VP - Bus. Development
Taylor Feehley
VP - Finance
Maggie McGuigan
VP - Human Resources
Jack Kyte
VP - Manufacturing
Kris Ireland
VP - Operations
Lorraine Hughes
VP - Operations
Debra Winslow
VP - Regulatory Affairs
Anne Kuan
VP - Regulatory Affairs
Thomas O'Brien
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We do our best to record tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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