Tech Company Financing Transactions
Aiolos Bio Funding Round
On 10/25/2023, Aiolos Bio raised $245 million in Series A funding from Atlas Venture, Bain Capital Life Sciences and Forbion Capital Partners.
Transaction Overview
Company Name
Announced On
10/25/2023
Transaction Type
Venture Equity
Amount
$245,000,000
Round
Series A
Investors
Atlas Venture (Lead Investor)
Bain Capital Life Sciences (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate development of its lead drug candidate, AIO-001, into a Phase 2 clinical trial in moderate-to-severe asthma patients and is actively evaluating additional development opportunities.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
200 Clarendon St
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Undisclosed
Website
Email Address
Overview
At Aiolos Bio, we are dedicated to revolutionizing the treatment landscape for respiratory disease and other immune conditions. We're on a mission to reimagine therapies that bring hope and relief to patients and caregivers alike.Aiolos Bio is an accomplished team of seasoned drug developers with decades of industry experience and operational leadership. With over 30 FDA approvals, we've successfully developed and launched products for a range of immune conditions, including asthma, rheumatoid arthritis, IPF, and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Khurem Farooq
Chief Scientific Officer
Jane Hughes
Chief Technical Officer
Ashley Taylor
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