Tech Company Financing Transactions
Dren Bio Funding Round
Lightspeed Venture Partners, 8VC and Aisling Capital participated in a $350 million funding round for Dren Bio. The round closed on 10/30/2026.
Transaction Overview
Company Name
Announced On
10/30/2026
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support its clinical development, regulatory submission, and planned commercial launch of its lead investigational therapy, dibotatug (DR-01), expand it into additional indications, and accelerate the development of its broader pipeline across oncology, immunology, and neurology.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
733 Industrial Rd.
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Undisclosed
Website
Email Address
Overview
Dren Bio is a biotechnology company developing powerful protein engineering technologies to deplete cells, protein aggregates and other disease-causing agents. Dren's lead programs are initially focused on hematologic neoplasms and solid cancers. Dren is actively working in other areas including auto-immune disorders and diseases of protein aggregation.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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