Tech Company Financing Transactions
Modulus Discovery Funding Round
Modulus Discovery, based in Cambridge, secured $25.5 million from Dai Ichi Life Insurance, Fast Track Initiative and JAFCO.
Transaction Overview
Company Name
Announced On
5/13/2020
Transaction Type
Venture Equity
Amount
$25,500,000
Round
Series B
Investors
Proceeds Purpose
Modulus will use the proceeds to further its unique small-molecule lead programs in oncology and inflammatory / immune disorders and expand its portfolio of early programs and collaborations including those with its strategic partner, PeptiDream, Inc.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1 Bdwy. 14th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Modulus Discovery, Inc., is a preclinical-stage technology-driven drug discovery firm with offices in Tokyo and Boston. The company is pursuing its proprietary portfolio of small-molecule discovery programs and collaborations through integration of its unique core biology insights, cutting-edge discovery platform, and scalable networked operations.
Management Team
Title
Name
Email & Social
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