Tech Company Financing Transactions

Vtesse Funding Round

On 1/8/2015, Vtesse announced $25 million in Series A funding from New Enterprise Associates, Alexandria Venture Investments and Bay City Capital.

Transaction Overview

Company Name
Announced On
1/8/2015
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors

New Enterprise Associates (Lead Investor) (David Mott)

Alexandria Venture Investments

Bay City Capital

Lundbeckfond Ventures

Pfizer Venture Investments

Proceeds Purpose
The company intends to use the funds to conduct a clinical program for VTS-270 (a formulation of (2-hydroxypropyl)-beta-cyclodextrin) for NPC, and to discover and pre-clinically evaluate additional novel drugs for NPC and other LSDs.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
910 Clopper Road 220S
Gaithersburg, MD 20878
USA
Email Address
Overview
The company has also established a Cooperative Research and Development Agreement (CRADA) with the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) and the National Center for Advancing Translational Sciences (NCATS), each a component of the National Institutes of Health (NIH).
Profile
Vtesse LinkedIn Company Profile
Social Media
Vtesse Company Twitter Account
Company News
Vtesse News
Facebook
Vtesse on Facebook
YouTube
Vtesse on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ben Machielse
  Ben Machielse LinkedIn Profile  Ben Machielse Twitter Account  Ben Machielse News  Ben Machielse on Facebook
VP - Bus. Development
Ravi Rao
  Ravi Rao LinkedIn Profile  Ravi Rao Twitter Account  Ravi Rao News  Ravi Rao on Facebook
VP - Operations
Allan Darling
  Allan Darling LinkedIn Profile  Allan Darling Twitter Account  Allan Darling News  Allan Darling on Facebook
VP - Regulatory Affairs
Kevin Johnson
  Kevin Johnson LinkedIn Profile  Kevin Johnson Twitter Account  Kevin Johnson News  Kevin Johnson on Facebook


 

 

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We report on funding rounds that are announced publicly. VC transactions on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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