Venture Capital

Latest Headlines

Latest Headlines

Gates, Wellcome bet $40M on Kymab's antibody tech

Cambridge, U.K.'s Kymab touts its drug development platform as an ideal way to spotlight new antibodies, and some bright minds would seem to agree, as the Wellcome Trust and Bill and Melinda Gates Foundation have teamed up on a $40 million round for the biotech.

Proteon banks $45M for vascular drug with Novartis in the rearview

With $45 million in venture commitments under its belt, Proteon is set to roll into a late-stage study for its top candidate, with no need for Big Pharma help.

ZS Pharma looks to $86M IPO to fund PhIII hyperkalemia studies

ZS Pharma is executing a familiar biotech gambit. The Texas-based biotech raised $55 million from some top venture groups just a few weeks ago, and now it's formally moving ahead with an $86 million IPO.

Chase banks $21M round for Alzheimer's drug research

Promising to use its technology to enhance the efficacy and safety of currently approved Alzheimer's drugs, Chase Pharmaceuticals says it has now added $21 million in new venture cash.

Flatiron raises $130M in Google-led round, buys EMR business

Google Ventures' reported $100 million investment in oncology Big Data startup Flatiron Health came to fruition this week. And the deal is even bigger than early reports suggested, with Flatiron raising $130 million and buying electronic medical record business Altos Solutions.

Novartis-backed ImaginAb banks $21M for antibody tech

UCLA brainchild ImaginAb has hauled in another $21 million in venture cash to advance its antibody-re-engineering technology, a biotech approach to imaging that the company believes will help personalize treatments for cancer and immune disease.

Marquee VCs back a $37.5M launch round for immune-tolerant drugs

A spinoff from the Ecole Polytechnique Fédérale de Lausanne has rounded up a hefty $37.5 million A round from a prominent group of biotech investors to develop a new-and-improved portfolio of immune-tolerant therapies.

Loxo lands $24M venture round and a CSO for cancer drug research

After recruiting a chief scientific officer from Epizyme, upstart cancer drug developer Loxo Oncology has nabbed a $24 million B round from some marquee venture players. New Enterprise Associates came in to lead this round, buying into the business plan of focusing on genetically-defined cancers, with existing investors Aisling Capital and OrbiMed Advisors joining in.

Naurex picks up $25M to get its depression drugs through PhII

Evanston, IL's Naurex nailed down another $25 million in venture funding to accelerate its two-pronged depression program, posting positive midstage results for its top prospect.

Enterome raises $11.5M for gut microbiome R&D

Paris-based Enterome Bioscience, focused on the gut microbiome, has raised €10 million ($11.5 million) in the first tranche of its Series B fundraising. Seventure (including from its new Health for Life Capital fund), Lundbeckfond Ventures and Omnes Capital contributed cash to the deal.