Suono Bio, Inc. Announces Oversubscribed Series A Funding Round Led By Axil Capital And Mizuho Securities Principal Investment
Suono Bio, Inc. Announces Oversubscribed Series A Funding Round Led By Axil Capital And Mizuho Securities Principal Investment
07/13/21, 12:18 PM
Location
foxboroughRound Type
series a
Suono Bio, Inc., the company revolutionizing the treatment of gastrointestinal diseases, today announced it has raised an $8.5 million Series A financing led by Axil Capital and Mizuho Securities Principal Investment, with participation by Taiwania Capital and other investors. Suono Bio will utilize the funds to advance its lead programs in inflammatory bowel disease as well as expansion of its pipeline. Suono Bio’s platform technology enables the rapid, targeted delivery of drugs, including gene therapies, for the first time, enabling the use of the right drug in the right patient.
Company Info
Location
foxborough, massachusetts, united states
Additional Info
Suono Bio is developing therapeutic products for inflammatory-mediated diseases leveraging their ultra-rapid and formulation independent delivery technology. Suono Bio’s platform was developed at The Massachusetts Institute of Technology in Professor Robert Langer’s laboratory and enables rapid, localized delivery of small molecules, biologics, and nucleic acids and gene therapies without the need for encapsulation of the therapeutic. For more information, please visit www.suonobio.com.
ABOUT AXIL CAPITAL
Axil Capital Partners is a Tokyo based venture capital firm specializing in biomedical & healthcare technology investments with an emphasis on supporting the growth of early-stage ventures. The firm invests in a wide range of companies in the life sciences space, with a particular focus on cross-disciplinary technologies that can transform the future of healthcare. For more information, please visit https://www.axilcapital.com/.