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GL Ventures Completes $24 Million Series B-2 Investment in Clover Biopharmaceuticals

GL Ventures Completes $24 Million Series B-2 Investment in Clover Biopharmaceuticals

06/08/20, 1:04 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CN.svgbeijing
Money raised
$24 million
Round Type
series b
Clover Biopharmaceuticals, a global clinical-stage biotechnology company focused on developing novel and transformative biologic therapies, today announced the completion of a US$ 24 million Series B-2 financing from GL Ventures. This financing round brings Clover’s total capital raised since 2016 to over US$ 140 million.

Company Info

Company
Clover Biopharmaceuticals
Location
beijing, beijing, china
Additional Info
Clover Biopharmaceuticals is a global, clinical-stage, research-based biotechnology company focused on discovering, developing and commercializing transformative biologic therapies, with a focus on oncology and autoimmune diseases, as well as viral vaccines. Having raised more than US$ 140 million in total capital since 2016, Clover is utilizing its proprietary Trimer-Tag© technology platform to develop novel biologics targeting trimerization-dependent pathways. Additionally, Clover is leveraging its in-house GMP biomanufacturing capabilities to support large-scale production of its biologic therapies. For more information, please visit our website:  www.cloverbiopharma.com.

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