Tech Company Financing Transactions

Rivus Pharmaceuticals Funding Round

RA Capital, Bain Capital Life Sciences and BB Biotech Ventures invested in a $132 million Series B funding round for Rivus Pharmaceuticals. The round closed on 9/22/2022.

Transaction Overview

Company Name
Rivus Pharmaceuticals
Announced On
9/22/2022
Transaction Type
Venture Equity
Amount
$132,000,000
Round
Series B
Investors

RA Capital (Lead Investor) (Derek DiRocco)

Bain Capital Life Sciences

BB Biotech Ventures

Longitude Capital Management (Patrick Enright)

Medicxi Ventures (David Grainger)

RxCelerate

Proceeds Purpose
The company intends to use the funds for clinical advancement of lead candidate HU6, a Controlled Metabolic Accelerator (CMA) designed to treat cardio-metabolic disease by addressing obesity, a primary driver of disease.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
706 B Forest St.
Charlottesville, VA 22903
USA
Phone
Undisclosed
Website
www.rivuspharma.com
Email Address
[email protected]
Overview
Rivus Pharmaceuticals is dedicated to improving cardio-metabolic health by developing controlled metabolic accelerators (CMAs) that address the underlying metabolic risk factors for cardiovascular mortality and morbidity.
Profile
Rivus Pharmaceuticals LinkedIn Company Profile
Social Media
Rivus Pharmaceuticals Company Twitter Account
Company News
Rivus Pharmaceuticals News
Facebook
Rivus Pharmaceuticals on Facebook
YouTube
Rivus Pharmaceuticals on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Allen Cunningham
  Allen Cunningham LinkedIn Profile  Allen Cunningham Twitter Account  Allen Cunningham News  Allen Cunningham on Facebook
Chief Scientific Officer
Shaharyar Khan
  Shaharyar Khan LinkedIn Profile  Shaharyar Khan Twitter Account  Shaharyar Khan News  Shaharyar Khan on Facebook
Vice President
Francisco Portell
  Francisco Portell LinkedIn Profile  Francisco Portell Twitter Account  Francisco Portell News  Francisco Portell on Facebook

 

 

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Prev: 9/22/2022: Carbon Ridge venture capital transaction
Next: 9/22/2022: Carats & Cake venture capital transaction

 

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