Tech Company Financing Transactions

Forty Seven Funding Round

Forty Seven, based in Menlo Park, secured $75 million in investment from Wellington Management Company, Clarus and GV.

Transaction Overview

Company Name
Announced On
10/18/2017
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series B
Investors

Wellington Management Company (Lead Investor)

Clarus (Dennis Henner)

GV (Blake Byers)

Lightspeed Venture Partners

Sutter Hill Ventures (Jeff Bird)

Proceeds Purpose
The funds will be used to support continued development of Hu5F9-G4, an antibody against CD47, which takes the brakes off macrophages in a similar way as checkpoint inhibitors take the brakes off T-cells.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1490 O'Brien Dr. A
Menlo Park, CA 94025
USA
Email Address
Overview
With a passion for pioneering breakthrough solutions, Forty Seven Inc. is committed to the advancement of immuno-oncology through the engagement of new and complementary phagocytic pathways that enhance anti-tumor efficacy and selectivity.
Profile
Forty Seven LinkedIn Company Profile
Social Media
Forty Seven Company Twitter Account
Company News
Forty Seven News
Facebook
Forty Seven on Facebook
YouTube
Forty Seven on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark McCamish
  Mark McCamish LinkedIn Profile  Mark McCamish Twitter Account  Mark McCamish News  Mark McCamish on Facebook
Chief Financial Officer
Ann Rhoads
  Ann Rhoads LinkedIn Profile  Ann Rhoads Twitter Account  Ann Rhoads News  Ann Rhoads on Facebook
Chief Medical Officer
Chris Takimoto
  Chris Takimoto LinkedIn Profile  Chris Takimoto Twitter Account  Chris Takimoto News  Chris Takimoto on Facebook
Founder
Mark Chao
  Mark Chao LinkedIn Profile  Mark Chao Twitter Account  Mark Chao News  Mark Chao on Facebook
VP - Bus. Development
Craig Gibbs
  Craig Gibbs LinkedIn Profile  Craig Gibbs Twitter Account  Craig Gibbs News  Craig Gibbs on Facebook
VP - Manufacturing
Qinghai Zhao
  Qinghai Zhao LinkedIn Profile  Qinghai Zhao Twitter Account  Qinghai Zhao News  Qinghai Zhao on Facebook
VP - Operations
Kyle Elrod
  Kyle Elrod LinkedIn Profile  Kyle Elrod Twitter Account  Kyle Elrod News  Kyle Elrod on Facebook
VP - R & D
Jens-Peter Volkmer
  Jens-Peter Volkmer LinkedIn Profile  Jens-Peter Volkmer Twitter Account  Jens-Peter Volkmer News  Jens-Peter Volkmer on Facebook


 

 

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