Venture Funding Deals: Late Summer Sees Slew Of Series B Mega-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 August and September.

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Cancer immunotherapy company Achilles Therapeutics Ltd. raised £100m ($121m) in its Series B round. RA Capital led and was joined by founding investor Syncona and first-time buyers Forbion, Invus, Perceptive Advisors, and Redmile Group. Funds will support two human proof-of-concept studies with a personalized T-cell therapy targeting clonal neoantigens for melanoma and non-small cell lung cancer. 

Amphivena Therapeutics Inc. raised $62m through its Series C round that was co-led by NanoDimension and Qiming Venture Partners USA, and included first-time buyers Clough Capital, Aju IB, Korys Merieux, Kaitai Capital, Industrial Investors, and Nawton Limited. Returning backers MPM Capital, funds managed by Tekla Capital Management, and Franklin Berger also participated

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