Tech Company Financing Transactions

Phoenix Molecular Designs Funding Round

Pallasite Ventures and World Changing Ventures participated in a $12 million Seed funding round for Phoenix Molecular Designs. The financing was announced by the company on 11/22/2019.

Transaction Overview

Announced On
11/22/2019
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The primary use of funds continues to be on the preclinical and clinical advancement of its lead product candidate, PMD-026, a proprietary first-in-class orally-available RSK (kinase) inhibitor.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
887 Great Northern Way 220
Vancouver BC, V5T 4T5
Canada
Email Address
Not Recorded
Overview
At Phoenix Molecular Designs, our innovative strategy for attacking cancer is based on a sophisticated lock and key mechanism where our drug will fit specifically and precisely to a protein that causes the cancer to grow unchecked, and unlock the protein to trigger cancer cell death, without affecting the normal healthy surrounding cells.
Profile
Phoenix Molecular Designs LinkedIn Company Profile
Social Media
Phoenix Molecular Designs Company Twitter Account
Company News
Phoenix Molecular Designs News
Facebook
Phoenix Molecular Designs on Facebook
YouTube
Phoenix Molecular Designs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sandra Dunn
  Sandra Dunn LinkedIn Profile  Sandra Dunn Twitter Account  Sandra Dunn News  Sandra Dunn on Facebook
Chief Financial Officer
Michael Liggett
  Michael Liggett LinkedIn Profile  Michael Liggett Twitter Account  Michael Liggett News  Michael Liggett on Facebook
Chief Medical Officer
Andrew Dorr
  Andrew Dorr LinkedIn Profile  Andrew Dorr Twitter Account  Andrew Dorr News  Andrew Dorr on Facebook
Chief Operating Officer
Aarthi Jayanthan
  Aarthi Jayanthan LinkedIn Profile  Aarthi Jayanthan Twitter Account  Aarthi Jayanthan News  Aarthi Jayanthan on Facebook
Chief Scientific Officer
Gerrit Los
  Gerrit Los LinkedIn Profile  Gerrit Los Twitter Account  Gerrit Los News  Gerrit Los on Facebook
Chief Technical Officer
John Drie
  John Drie LinkedIn Profile  John Drie Twitter Account  John Drie News  John Drie on Facebook


 

 

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Prev: 11/22/2019: LeggUP venture capital transaction
Next: 11/22/2019: Silofit venture capital transaction

 

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We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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