Tech Company Financing Transactions

Garnet Biotherapeutics Funding Round

SCP Partners, Alliance Technology Ventures and Safeguard Scientifics participated in a $10.4 million funding round for Garnet Biotherapeutics. The financing round closed on 1/29/2009.

Transaction Overview

Announced On
1/29/2009
Transaction Type
Venture Equity
Amount
$10,400,000
Round
Undisclosed
Investors

SCP Partners (Lead Investor) (Wayne Weisman)

Alliance Technology Ventures

Safeguard Scientifics (Gary Kurtzman)

Proceeds Purpose
Garnet Biotherapeutics will use the financing to support research and Phase II clinical trials for its proprietary human adult bone marrow-derived cells, along with manufacturing and development.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
490 Lapp Rd.
Malvern, PA 19355
USA
Email Address
Overview
Garnet BioTherapeutics is a cell therapy company specializing in dermal-based regenerative therapy.
Profile
Garnet Biotherapeutics LinkedIn Company Profile
Social Media
Garnet Biotherapeutics Company Twitter Account
Company News
Garnet Biotherapeutics News
Facebook
Garnet Biotherapeutics on Facebook
YouTube
Garnet Biotherapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Scott Bailey
  Scott Bailey LinkedIn Profile  Scott Bailey Twitter Account  Scott Bailey News  Scott Bailey on Facebook
Chief Scientific Officer
Vanessa Ragaglia
  Vanessa Ragaglia LinkedIn Profile  Vanessa Ragaglia Twitter Account  Vanessa Ragaglia News  Vanessa Ragaglia on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/29/2009: Sonitus Medical venture capital transaction
Next: 1/29/2009: Sittercity venture capital transaction

 

Share this article

 


News on VC Transactions

We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary