Tech Company Financing Transactions

Pulmatrix Funding Round

Pulmatrix secured a $30.2 million Series B funding round on 11/2/2009. Investors included Arch Venture Partners, Novartis BioVenture Fund and 5AM Ventures.

Transaction Overview

Company Name
Announced On
11/2/2009
Transaction Type
Venture Equity
Amount
$30,200,000
Round
Series B
Investors

Arch Venture Partners (Lead Investor) (Steven Gillis)

Novartis BioVenture Fund (Lead Investor) (Lauren Silverman)

5AM Ventures (Scott Rocklage)

Polaris Partners (Terry McGuire)

Proceeds Purpose
Pulmatrix plans to use the new money to finance "multiple clinical trials" in 2010 and 2011 against a number of respiratory diseases, according to a company statement.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
99 Hayden Ave. 390
Lexington, MA 02421
USA
Email Address
Overview
Pulmatrix Inc. is a pharmaceutical company developing inhalable aerosols and enabling technologies that help control respiratory infectious disease and human-source airborne contamination.
Profile
Pulmatrix LinkedIn Company Profile
Social Media
Pulmatrix Company Twitter Account
Company News
Pulmatrix News
Facebook
Pulmatrix on Facebook
YouTube
Pulmatrix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ted Raad
  Ted Raad LinkedIn Profile  Ted Raad Twitter Account  Ted Raad News  Ted Raad on Facebook


 

 

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About Database of VC Transactions

We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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