Venture Capital

Latest Headlines

Latest Headlines

$25M Series B helps Blueprint Medicines pursue individualized cancer therapies

Blueprint Medicines has completed a $25 million round of Series B financing to pursue its patient-focused vision of developing tailored, genomic-specific cancer treatments.

Texas' Bellicum gets $15M to expand work on gene 'switch' tech

Close to a decade after a pair of investigators from Baylor College of Medicine launched Bellicum Pharmaceuticals in Houston, the biotech has added $14.7 million to its Series B round, which will help expand an ongoing Phase I/II study of its lead therapy for graft vs. host disease.

Google VC commits to $15M round to advance DNAnexus' data hub ambitions

The venture capital wing of Google has once again backed DNAnexus, joining with other existing investors and newcomer Claremont Creek Ventures to commit $15 million.

Google Ventures backs DNAnexus' $15M round for R&D cloud platform

Google Ventures has joined a group of investors seeding DNAnexus' cloud-computing services for biomedical researchers with a $15 million C round.

NeXeption raises $21.5M to launch dermatology startup Alexar

Biotech management company NeXeption has locked in $21.5 million in a Series A round of financing to form Alexar Therapeutics, a company with a focus on treating skin disorders called inflammatory cutaneous disorders.

Argos swings for a $60M IPO in the shadow of Dendreon's struggles

North Carolina's Argos Therapeutics believes it can succeed where Dendreon has faltered, pitching a $60 million IPO that would help the biotech get its personalized cancer therapy through Phase III.

Imperial spearheads $28M round for an upstart in the antibody fragment field

The British biotech has rounded up $28 million (£17.5 million) in first-round venture cash from a group of marquee investors willing to bet big that Crescendo's mouse platform can deliver the best in cutting-edge antibody fragment therapeutics.

Amgen spinoff Atara banks $38.5M as it races ahead with CKD, cancer trials

A little more than a year after launching with a portfolio of 6 early-stage assets from Amgen, Atara Biotherapeutics has rounded up $38.5 million in the first close of its Series B round, fueling its drive into Phase II with a lead asset while teeing up another program for its entry into the clinic.

UPDATED: Big Biopharmas help fuel a $26M round for Sutro's immunotherapy work

Amgen, Celgene and Eli Lilly joined forces with some prominent venture players to back a $26 million round for Sutro Biopharma, a San Francisco-based biotech which has been garnering some careful scrutiny for its work on antibodies.

Covagen gets up to $63M in VC round for multitargeted antibodies

Swiss biotech startup Covagen landed a new round of venture backing today that could reach up to $63 million, enough to cover a Phase II program for its lead anti-inflammatory drug along with some follow-up work in oncology.