Tech Company Financing Transactions
Sigilon Therapeutics Funding Round
Sigilon Therapeutics closed a $80.3 million Series B funding round on 3/18/2020. Investors included BlackRock, Canada Pension Plan Investment Board and Eli Lilly and Company.
Transaction Overview
Company Name
Announced On
3/18/2020
Transaction Type
Venture Equity
Amount
$80,300,000
Round
Series B
Investors
Proceeds Purpose
The funding will support the first-in-human clinical trial of Sigilon's novel encapsulated cell therapy for hemophilia A, expected to begin in the first half of 2020, as well as continued advancement and expansion of Sigilon's programs in rare blood disorders, lysosomal diseases and endocrine and immune disorders.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
100 Binney St. 600
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
Sigilon Therapeutics (Nasdaq: SGTX) was founded and created by Flagship Pioneering. Sigilon Therapeutics is developing treatments for chronic diseases using new biomaterials, developed at the Massachusetts Institute of Technology (MIT), that can shield implanted cells from immune attack.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 3/18/2020: Rheaply venture capital transaction
Next: 3/18/2020: RoadRunner Recycling venture capital transaction
Share this article
About Database of VC Transactions
We record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs