Tech Company Financing Transactions

Vtesse Funding Round

Alexandria Venture Investments, Bay City Capital and Lundbeckfond Ventures participated in a $17 million Series A capital raise for Vtesse. This venture round was announced on 7/26/2016.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Alexandria Venture Investments

Bay City Capital

Lundbeckfond Ventures

New Enterprise Associates (David Mott)

Pfizer Venture Investments

Proceeds Purpose
This additional capital enables Vtesse to broaden development and expand trial access to patients globally. The additional funding also allows Vtesse to invest in further product and technology improvements and to develop the commercial strategy to ensure product availability.

Company Information

Company Status
Acquired or Merged
Mailing Address
910 Clopper Road 220S
Gaithersburg, MD 20878
Email Address
The company has also established a Cooperative Research and Development Agreement (CRADA) with the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) and the National Center for Advancing Translational Sciences (NCATS), each a component of the National Institutes of Health (NIH).
Vtesse LinkedIn Company Profile
Social Media
Vtesse Company Twitter Account
Company News
Vtesse News
Vtesse on Facebook
Vtesse on YouTube

Management Team

Email & Social
Chief Executive Officer
Ben Machielse
  Ben Machielse LinkedIn Profile  Ben Machielse Twitter Account  Ben Machielse News  Ben Machielse on Facebook
VP - Bus. Development
Ravi Rao
  Ravi Rao LinkedIn Profile  Ravi Rao Twitter Account  Ravi Rao News  Ravi Rao on Facebook
VP - Operations
Allan Darling
  Allan Darling LinkedIn Profile  Allan Darling Twitter Account  Allan Darling News  Allan Darling on Facebook
VP - Regulatory Affairs
Kevin Johnson
  Kevin Johnson LinkedIn Profile  Kevin Johnson Twitter Account  Kevin Johnson News  Kevin Johnson on Facebook



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Prev: 7/23/2016: TerraLUX venture capital transaction
Next: 7/26/2016: Sun Basket venture capital transaction


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We report on funding rounds that are announced publicly. VC transactions on this site are sourced from a variety of public sources. The information comes to us via our partnership with, an affiliated venture.


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