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Finance Watch: Adcendo Pursues Proof-Of-Concept With $135m Series B Round

Jupiter Raises $70m To Launch Start-Ups

 
• By Mandy Jackson

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Antibody-drug conjugate (ADC) developer Adcendo has been busy during the last year and a half since the company raised a €31m ($32.3m) extension of the €51m ($53.2m) series A it originally raised in 2021. And in the company’s latest announcement, Adcendo more than doubled its money with a $135m series B round on 25 November.

The company first extended its series A round to €82m ($85.5m) in April 2023 and extended the round again to €98m ($102.1m) in May of this year. With its...

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