Tech Company Financing Transactions
Humacyte Funding Round
Humacyte, based in Durham, raised $150 million from Access Industries, Bangkok Bank Public Company and private investors.
Transaction Overview
Company Name
Announced On
10/20/2015
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will support the upcoming global Phase III clinical trials of Humacyte's investigational human acellular vessel (HAV), HUMACYL, currently being developed to provide vascular access for patients with End Stage Renal Disease (ESRD) who require hemodialysis, a process of cleansing blood for patients whose kidneys no longer function adequately. Funding will also support the development of future pipeline products with the potential to improve treatment outcomes for patients with a variety of vascular and non-vascular diseases, such as Coronary Artery Bypass, Replacement Trachea and Esophagus, and bypass for Peripheral Arterial Disease.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2525 E NC Hwy. 54
Durham, NC 27713
USA
Durham, NC 27713
USA
Phone
Website
Email Address
Overview
Humacyte uses proprietary technology to grow stable, off-the-shelf human tissue replacements such as vein grafts to pre-designed clinical and commercial specifications.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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