Humacyte Secures $150,000,000 Series B Funding

  • Feed Type
  • Date
    10/20/2015
  • Company Name
    Humacyte
  • Mailing Address
    7020 Kit Creek Rd. Morrisville, NC 27560 USA
  • Company Description
    Humacyte’s core technology is the engineering of human-based tissue scaffolds that can be shaped into tubes, sheets, or particulate conformations and can be applied to many specific applications.
  • Website
    http://www.humacyte.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $150,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding will support the upcoming global Phase III clinical trials of Humacyte’s investigational human acellular vessel (HAV), HUMACYL, currently being developed to provide vascular access for patients with End Stage Renal Disease (ESRD) who require hemodialysis, a process of cleansing blood for patients whose kidneys no longer function adequately. Funding will also support the development of future pipeline products with the potential to improve treatment outcomes for patients with a variety of vascular and non-vascular diseases, such as Coronary Artery Bypass, Replacement Trachea and Esophagus, and bypass for Peripheral Arterial Disease.
  • M&A Terms
  • Venture Investor
    Access Industries
  • Venture Investor
    Investor
  • Venture Investor
    Investor

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