Tech Company Financing Transactions
Olema Oncology Funding Round
Vivo Capital, BlackRock and BVF Partners participated in a $85 million Series C capital raise for Olema Oncology. The round closed on 10/2/2020.
Transaction Overview
Company Name
Announced On
10/2/2020
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series C
Investors
Proceeds Purpose
Olema will use the financing proceeds to advance the clinical development of OP-1250, its lead product candidate in breast cancer, and expand ongoing research and development activities.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
665 3rd St. 250
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Olema Oncology (Nasdaq: OLMA) is a biopharmaceutical company developing innovative targeted therapies for women's cancers. The Company's lead program, OP-1250, a potential best-in-class complete estrogen receptor antagonist (CERAN), is in development to treat estrogen receptor-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) breast cancer.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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