CellCentric raises $120M in Series C funding, led by RA Capital Management and Forbion. The funds will advance Inobrodib, a new treatment for cancer and multiple myeloma.
May 19, 2025•about 2 months ago
Amount Raised
$120 Million
Round Type
series c
Investors
American Cancer SocietyBright EdgeAvego Bioscience CapitalForbionRa Capital Management
Description
CellCentric, a Cambridge-based clinical-stage biotechnology company, raised $120M in Series C funding. The round was led by RA Capital Management, with participation from Forbion and others. The funds will be used to advance Inobrodib, a treatment targeting cancer drivers. This oral capsule drug may help those unable to access other treatments.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech