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Kriya Raises $270m To Scale Gene Therapy Platform, Move Into The Clinic

Firm Has Raised $450m In Two Years

 
• By Mandy Jackson

The start-up is built around four business units – technology, manufacturing, R&D and therapeutics – based on internal and external expertise. Kriya will take its first gene therapies into the clinic in 2023. 

Adults help build a foundation in silhouette
Kriya's gene therapy platform is built on four business units and four core therapeutic areas • Source: Shutterstock

Kriya Therapeutics, Inc. is preparing to take its first gene therapy candidates into the clinic next year and will also use the proceeds of a $270m series C venture capital round announced on 16 May to continue scaling up its integrated gene therapy platform. The company also will continue to seek out external innovation to meet technology and manufacturing needs.

Redwood City, CA-based Kriya has raised $450m to date, including $80m from a series A financing when it launched in May 2020 and $100m in a series B financing in July of last year. (Also see "Finance Watch: $135m In Venture Capital Will Fund Amylyx’s Late-Stage ALS Drug" - Scrip, 22 July, 2021

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