Tech Company Financing Transactions
Avidicure Funding Round
Avidicure, based in Oegstgeest, raised $50 million from EQT Life Sciences, BioGeneration Ventures and BOM.
Transaction Overview
Company Name
Announced On
4/24/2025
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Seed
Investors
Proceeds Purpose
Avidicure's fully owned proprietary platform leverages decades of antibody engineering and in silico protein design capabilities, and immunology expertise. Through the AVC-Booster plug-and-play functionality, multiple products can be developed. Avidicure's lead product, AVC-S-101, is a TROP2-targeting booster that is being developed for non-small cell lung cancer and multiple other indications.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
De Limes 7
Oegstgeest, 2342 DH
NL
Oegstgeest, 2342 DH
NL
Phone
Undisclosed
Website
Email Address
Overview
Avidicure is pioneering an entirely new dual agonistic, multifunctional and avidity engineered antibody modality, "AVC-Boosters", designed to safely deliver targeted and potent monotherapy, with broad applicability in oncology. AVC-Boosters unlock strong and orchestrated immunological responses, harnessing the full power of both the innate and adaptive immune system. The AVC-Booster design surpasses the best qualities of first-generation antibodies, checkpoint inhibitors, T-cell engagers and ADCs. The Company is based in the Netherlands and supported by a syndicate of top-tier investors led by EQT-Life Sciences, and with BioGeneration Ventures as founding investor.
Management Team
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