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Complement Therapeutics Secures €72 Million In Series A Financing To Advance Novel Therapies Targeting Complement-Mediated Diseases

Complement Therapeutics Secures €72 Million In Series A Financing To Advance Novel Therapies Targeting Complement-Mediated Diseases

04/17/23, 5:34 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svglondon
Money raised
€72 million
Industry
health care
Round Type
series a
Investors
Seroba Life Sciences, Hadean Ventures, Cambridge Innovation Capital, Panakès Partners, Bio Generation Ventures, Forbion, Gimv
Complement Therapeutics GmbH (CTx), a preclinical stage biotechnology company developing novel therapeutics for complement mediated diseases, today announced the completion of a €72 million Series A financing. The round was led by Gimv, a Belgian-based private equity and venture capital fund, co-led by Forbion as existing investor and further joined by BioGeneration Ventures (BGV), Panakès Partners, Cambridge Innovation Capital (CIC), Hadean Ventures and Seroba Life Sciences.

Company Info

Company
Complement Therapeutics
Location
london, england, united kingdom
Additional Info
Complement Therapeutics (CTx) is an early-stage biotechnology company focused on the research and development of novel therapeutics for complement-mediated diseases. The Company is a spinout from the University of Manchester and is based on the pioneering research of its founders into novel targets within the complement cascade. Our lead investigational product (CTx001) is being evaluated as a potential gene therapy for dry age-related macular degeneration/geographic atrophy, a leading cause of blindness. Additional programmes will evaluate potential therapeutic opportunities in other complement-mediated conditions. The Company is also developing a unique quantification methodology, the Complement Precision Medicine (CPM) platform, to enable quantification of over 30 complement cascade proteins enabling more precise diagnosis and monitoring of disease.

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