Tech Company Financing Transactions
Iaso Therapeutics Funding Round
Iaso Therapeutics, based in East Lansing, received $1.3 million in funding from Michigan Pre-Seed Capital Fund and Red Cedar Ventures.
Transaction Overview
Company Name
Announced On
1/26/2023
Transaction Type
Venture Equity
Amount
$1,250,000
Round
Seed
Investors
Michigan Pre-Seed Capital Fund (Lead Investor)
Red Cedar Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance its customizable drug delivery and vaccine platform based on bacteriophage mQß to boost immune system responses against weakly immunogenic antigens.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4942 Dawn Ave 108
East Lansing, MI 48823-5606
USA
East Lansing, MI 48823-5606
USA
Phone
Website
Email Address
Overview
Iaso Therapeutics, Inc. is a start-up company spun out from Michigan State University. The company was founded in 2018 by Dr. Xuefei Huang. Dr. Huang is a MSU Foundation Professor jointly appointed in the Department of Chemistry and the Department of Biomedical Engineering, Michigan State University. In addition, he is a member of the newly formed Institute for Quantitative Health Science & Engineering. With over 25 years of experience, his research program is focused on the development of novel technologies for next generation vaccines, including vaccines targeting both cancer and infectious diseases. Iaso Therapeutics, Inc. aims to translate the cutting-edge technologies developed in the Huang laboratory to promote human health and treat diseases.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Forgey
Founder
Xuefei Huang
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We report on tech company VC transactions. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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