Tech Company Financing Transactions
Siolta Therapeutics Funding Round
Global Brain, private investors and Khosla Ventures participated in a $30 million Series B funding round for Siolta Therapeutics. The financing closed on 9/23/2020.
Transaction Overview
Company Name
Announced On
9/23/2020
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds for the clinical development of its lead product, STMC-103H. The capital will go towards supporting clinical proof of concept (POC) trials testing the efficacy of their lead LBP product.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
930 Brittan Ave.
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Website
Email Address
Overview
Siolta Therapeutics is a clinical-stage biotech company on a mission to alleviate the suffering of millions impacted by chronic inflammatory diseases through novel microbiome-based medicines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nikole Kimes
Chief Medical Officer
Richard Shames
Chief Scientific Officer
Ricardo Valladares
Founder
Susan Lynch
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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