ACEA Biosciences Secures $30,000,000 New Financing Round

  • Feed Type
  • Date
    11/10/2015
  • Company Name
    ACEA Biosciences
  • Mailing Address
    6779 Mesa Ridge Rd. San Diego, CA 92121 USA
  • Company Description
    Founded in 2002, ACEA Biosciences, Inc. (ACEA) is a privately owned biotechnology company with headquarters in San Diego, California, and with world-class manufacturing operations in Hangzhou, China.
  • Website
    http://www.aceabio.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new round financing provided by two premiere venture capital funds validates the rapid progress of our clinical pipeline, as well as our leading edge approach to drug discovery,’ stated Dr. Xiao Xu, President and CEO of ACEA.
  • M&A Terms
  • Venture Investor
    Lilly Asia Ventures
  • Venture Investor
    Qiming Ventures

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