Tech Company Financing Transactions
Immusoft Funding Round
Immusoft, operating out of Seattle, received $3 million from 600 Mile Challenge Fund, Founders Fund and private investors.
Transaction Overview
Company Name
Announced On
1/6/2018
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series B
Investors
Founders Fund (Peter Thiel)
private investors (Timothy Draper)
Proceeds Purpose
The round is expected to provide Immusoft the funding it needs to complete its Phase I/II clinical trial in MPS-I (Mucopolysaccharidoses type I) and advance its pipeline, which uses its proprietary Immune System Programming (ISP�) approach to B cell modification for treating diseases.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
454 N 34th St.
Seattle, WA 98103
USA
Seattle, WA 98103
USA
Phone
Website
Email Address
Overview
Immusoft's mission is to develop a breakthrough autologous cell therapy platform for treating a variety of human diseases through our proprietary Immune System Programming (ISP) technology. ISP technology can effectively re-program a patient's own cells to become miniature drug factories in the body.
Management Team
Title
Name
Email & Social
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