Tech Company Financing Transactions
Axial Biotherapeutics Funding Round
Axial Biotherapeutics, operating out of Woburn, raised $10 million from Taiho Ventures.
Transaction Overview
Company Name
Announced On
6/21/2019
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Taiho Ventures (Sakae Asanuma)
Proceeds Purpose
In conjunction with this investment, Axial will maintain control of the new oncology programs and Taiho Ventures will have a first right to negotiate for an exclusive license related to the new programs.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
400 Tradecenter Dr. 6990
Woburn, MA 01801
USA
Woburn, MA 01801
USA
Phone
Website
Email Address
Overview
Axial Biotherapeutics is a biopharmaceutical company harnessing the link between the human gut microbiome and Central Nervous System to develop a new class of therapeutics to improve the quality of life for people with CNS diseases and disorders.
Management Team
Title
Name
Email & Social
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