Venture Funding Deals: Semma, Arcus Raise $100m-Plus For Cancer, Diabetes Therapies

12 Dec 2017

• By Deanna Kamienski, Beth Allan, and Maureen Riordan

Semma's $114m Series B round and a $107m Series C for Arcus top November's list of biopharmaceutical venture capital deals. Forty Seven, Medeor and Tricida also closed sizeable rounds.

Derived from Strategic Transactions, Informa’s premium source for tracking life sciences deal activity, the Venture Funding Deals column provides a comprehensive monthly review of emerging biopharmaceutical companies that have received venture funding. This month’s column covers deals announced in November.

Arcus Biosciences Inc. raised $107m through its Series C round, which was led by GV (formerly Google Ventures) and joined by new investors Wellington Management, EcoR1 Capital, BVF Partners, Decheng Capital, Hillhouse, Aisling Capital and entities affiliated with Leerink Partners. Returning backers were The Column Group, Foresite Capital, Invus Opportunities, DROIA, Celgene Corp. and Taiho Ventures also participated

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