Tech Company Financing Transactions
Attovia Therapeutics Funding Round
Attovia Therapeutics, based in Fermont, secured $60 million from Frazier Life Sciences, Illumina Ventures and venBio Partners.
Transaction Overview
Company Name
Announced On
6/21/2023
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series A
Investors
Proceeds Purpose
The company plans to use the proceeds to achieve clinical proof-of-concept on its lead program in immune-mediated disease, nominate additional development candidates across its core areas of focus in immunology and oncology, as well as continue to advance the core Attobody technology platform.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
47071 Bayside Parkway
Fermont, CA 94538
USA
Fermont, CA 94538
USA
Phone
Undisclosed
Email Address
Overview
Attovia is focused on creating a pipeline of biotherapeutics in immune-mediated disease and oncology. The company leverages AttobodyTM, Alamar Biosciences' novel biparatopic nanobody platform, to generate small format binders with low picomolar affinity, enhanced specificity, accelerated internalization and fast tissue penetration. Attovia's lead program is an Attobody to treat immune disease. The company is currently progressing multiple programs and plans to initiate additional discovery projects.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tao Fu
Chief Technical Officer
Hangjun Zhan
Co-Founder
Yuling Luo
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