Tech Company Financing Transactions
GlycoMimetics Funding Round
GlycoMimetics, operating out of Gaithersburg, scored $4.3 million from New Enterprise Associates, Alliance Technology Ventures and Anthem Capital.
Transaction Overview
Company Name
Announced On
5/23/2003
Transaction Type
Venture Equity
Amount
$4,300,000
Round
Series A
Investors
New Enterprise Associates (Lead Investor) (James Barrett)
Alliance Technology Ventures (Michael Henos)
Proceeds Purpose
Using proceeds from the Series A, GlycoMimetics will look to build upon a platform technology for designing and screening carbohydrate mimics that was developed over a seven-year collaboration between GlycoTech and Ciba-Geigy (later Novartis).
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
9708 Medical Center Dr. 250
Gaithersburg, MD 20850
USA
Gaithersburg, MD 20850
USA
Phone
Website
Email Address
Overview
GlycoMimetics is a clinical-stage biotechnology company utilizing novel and proprietary glycobiology technology to develop treatments for diseases, particularly where there is high unmet need.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rachel King
Chief Financial Officer
Brian Hahn
Chief Medical Officer
Helen Thackray
Chief Scientific Officer
John Magnani
VP - Bus. Development
Armand Girard
VP - Operations
Henry Flanner
Browse more venture capital transactions:
Prev: 5/21/2003: Acopia Networks venture capital transaction
Next: 5/27/2003: Unveil Technologies venture capital transaction
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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