Blend Therapeutics Lands $16,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6a8bae2-af36-4504-9a47-f1ddd742d4a4&Preview=1 -
Date
12/18/2012 -
Company Name
Blend Therapeutics -
Mailing Address
134 Coolidge Avenue Watertown, MA 02472 -
Company Description
Blend is pioneering controlled combination medicines that overcome the limitations of conventional combination therapy through their unprecedented ability to hit distinct disease pathways with multiple drugs in concert—at the desired sites, at the most effective concentrations, and for the right durations—to drive optimal effects from each drug on the disease process. -
Website
http://www.blendtx.com -
Transaction Type
Venture Equity -
Transaction Amount
$16,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Proceeds from the financing will be used to expand Blend’s product and business development teams and to advance the company’s lead programs through studies to enable filing of an investigational new drug (IND) application with the U.S. Food and Drug Administration (FDA). -
M&A Terms
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Venture Investor
NanoDimension -
Venture Investor
New Enterprise Associates -
Venture Investor
Flagship Ventures
