Tech Company Financing Transactions
Terrestrial Bio Funding Round
Terrestrial Bio closed a $12 million investment round on 5/22/2024. Investors included Engine Ventures, Global Health Investment Corporation and Mission BioCapital.
Transaction Overview
Company Name
Announced On
5/22/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to advance GLP-1, continue in vivo work with mRNA, and expand and scale manufacturing process capabilities in support of new partnerships to deliver next generation vaccines and therapeutics.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
127 Western Ave.
Boston, MA 02134
USA
Boston, MA 02134
USA
Phone
Website
Email Address
Not Recorded
Overview
Terrestrial Bio, Inc. (formerly Vaxess Technologies) is a clinical-stage biotechnology company focused on transforming the delivery of next-generation therapies. The company aims to make therapeutic delivery more patient-friendly and accessible by replacing traditional needles with its proprietary MIMIX� microarray patch (MAP) platform.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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