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Fundraisings and IPOs

Date: 2017-01-05

Type of information: Series B financing round

Company: Neon Therapeutics (USA - MA)

Investors:

Amount: $70 million

Funding type: series B financing round

Planned used:

  • Proceeds from the financing will be used to advance Neon Therapeutics’ lead program NEO-PV-01, a fully personalized neoantigen vaccine, through an ongoing Phase 1b clinical trial. In addition, this investment will support preclinical development of NEOPTC-01, a personalized adoptive T cell program, and the Shared Neoantigen Program.

Others:

  •  • On January 5, 2017, Neon Therapeutics, an immuno-oncology company developing neoantigen-based therapeutic vaccines and T cell therapies to treat cancer,  announced the successful completion of a $70 million Series B financing. The Series B financing was led by Partner Fund Management. Joined by existing investors Third Rock Ventures and Access Industries, additional new investors included Fidelity Management & Research Company, Wellington Management Company, Inbio Ventures and Nextech Invest.

Therapeutic area: Cancer - Oncology

Is general: Yes