Tech Company Financing Transactions
PDS Biotechnology Funding Round
On 9/8/2026, PDS Biotechnology raised $22.6 million in investment from private investors.
Transaction Overview
Company Name
Announced On
9/8/2026
Transaction Type
Venture Equity
Amount
$22,550,000
Round
Undisclosed
Investors
private investors (Patrick Soon-Shiong)
Proceeds Purpose
The Company intends to use the net proceeds from the private placement to repay outstanding indebtedness and for working capital and general corporate purposes, including the continued development of its clinical programs, research and development, and general and administrative expenses.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
303A College Road East
Princeton, NJ 08540
USA
Princeton, NJ 08540
USA
Phone
Website
Email Address
Overview
PDS Biotech was established with the goal of harnessing the power of T cells to address some of the most devastating illnesses of our time. While many companies have tried to leverage the body's own immune system to induce a powerful T cell response, most have been unsuccessful in overcoming the tumor's ability to protect itself against the immune system and also inducing the right type and quantity of potent tumor-infiltrating T cells to execute a targeted attack. Our proprietary targeted technologies are designed to deliver IL-12 into the tumor's inner environment to suppress the tumor's ability to protect against T cells while simultaneously generating a potent targeted T cell attack on the cancer.
Management Team
Title
Name
Email & Social
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