Tech Company Financing Transactions

Proteostasis Therapeutics Funding Round

On 9/9/2015, Proteostasis Therapeutics landed $37 million in Series B funding from Cormorant Asset Management, F-Prime Capital and HealthCare Ventures.

Transaction Overview

Announced On
9/9/2015
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Series B
Proceeds Purpose
The company plans to use the proceeds of this financing to advance its lead product candidate in cystic fibrosis into human clinical studies and continue to expand its product portfolio.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
80 Guest St. 5th Floor
Boston, MA 02135
USA
Email Address
Overview
Proteostasis Therapeutics (NASDAQ: PTI) is discovering and developing novel small molecule therapeutics designed to control the body's Proteostasis Network, which maintains the body's natural protein homeostasis to protect us from numerous diseases.
Profile
Proteostasis Therapeutics LinkedIn Company Profile
Social Media
Proteostasis Therapeutics Company Twitter Account
Company News
Proteostasis Therapeutics News
Facebook
Proteostasis Therapeutics on Facebook
YouTube
Proteostasis Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Meenu Chhabra
  Meenu Chhabra LinkedIn Profile  Meenu Chhabra Twitter Account  Meenu Chhabra News  Meenu Chhabra on Facebook
Chief Medical Officer
Po-Shun Lee
  Po-Shun Lee LinkedIn Profile  Po-Shun Lee Twitter Account  Po-Shun Lee News  Po-Shun Lee on Facebook
Chief Operating Officer
Marija Zecevic
  Marija Zecevic LinkedIn Profile  Marija Zecevic Twitter Account  Marija Zecevic News  Marija Zecevic on Facebook
Chief Scientific Officer
Ben Munoz
  Ben Munoz LinkedIn Profile  Ben Munoz Twitter Account  Ben Munoz News  Ben Munoz on Facebook
VP - Bus. Development
Geoffrey Gilmartin
  Geoffrey Gilmartin LinkedIn Profile  Geoffrey Gilmartin Twitter Account  Geoffrey Gilmartin News  Geoffrey Gilmartin on Facebook
VP - Operations
Sheila Wilson
  Sheila Wilson LinkedIn Profile  Sheila Wilson Twitter Account  Sheila Wilson News  Sheila Wilson on Facebook


 

 

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We do our best to 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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