Tech Company Financing Transactions
Valo Therapeutics Funding Round
European Innovation Council Fund participated in a $2.4 million funding round for Valo Therapeutics. The financing round was recorded on 2/14/2023.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$2,372,000
Round
Undisclosed
Investors
European Innovation Council Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds for a project to progress its innovative PeptiCHIP technology.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Viikinkaari 6
Helsinki, 00790
FI
Helsinki, 00790
FI
Phone
Undisclosed
Website
Email Address
Overview
Valo Therapeutics (ValoTx) is a developer of novel immunotherapies in cancer and infectious disease. Our unique approach to immunotherapy, based on oncolytic viruses and viral vectors combined with disease-specific peptides, delivers highly adaptable and immunogenic therapeutic vaccination platforms. A spin-out company from the University of Helsinki, Finland, Valo Tx has assembled a talented team of immunotherapy experts, who together with the founding scientists have the necessary expertise to take its patented technology through clinical development and make it available to patients. The management team has a proven track record of developing successful companies from a laboratory idea to a full stock exchange listing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Higham
Co-Founder
Sari Pesonen
Browse more venture capital transactions:
Prev: 2/14/2023: Statera venture capital transaction
Next: 2/14/2023: EthonAI venture capital transaction
Share this article
Where The Data Comes From
We do our best to document tech company VC transactions. All VC database entries reported here are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs