Tech Company Financing Transactions
Cellectar Funding Round
Cellectar closed a $5.8 million funding round on 10/7/2025. Investors included private investors.
Transaction Overview
Company Name
Announced On
10/7/2025
Transaction Type
Venture Equity
Amount
$5,800,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the net proceeds from the offering for working capital and general corporate purposes, its Phase 1b clinical study of our compound CLR 121125 (CLR 125) in triple-negative breast cancer, and the preparation and filing for a Conditional Marketing Authorization (CMA) with the European Medicines Agency.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
100 Campus Dr. 207
Florham Park, NJ 07932
USA
Florham Park, NJ 07932
USA
Phone
Website
Email Address
Overview
Cellectar (NASDAQ: CLRB) is a radiopharmaceutical company designing and developing products to detect, treat, and monitor various human cancers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Caruso
Chief Financial Officer
Dov Elefant
VP - Bus. Development
Jarrod Longcor
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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 information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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