Tech Company Financing Transactions
Apollo Therapeutics Funding Round
Apollo Therapeutics closed a $33.5 million Series C financing round on 1/2/2024. Investors included M&G Investments, Patient Square Capital and Rock Springs Capital.
Transaction Overview
Company Name
Announced On
1/2/2024
Transaction Type
Venture Equity
Amount
$33,500,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to advance pipeline programs through clinical development and further fund its drug discovery and development activities based on breakthroughs in basic medical research made at its partner institutions, license or acquire additional clinical stage programs 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
Browse more venture capital transactions:
Prev: 1/2/2024: GIN E-Bikes venture capital transaction
Next: 1/2/2024: Graviton Bioscience venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs