Startup Around

Novome Biotechnologies Secures $33M in Series A Financing


Listen Later

Novome Biotechnologies, Inc., a South San Francisco, Calif.-based biotechnology company engineering living medicines for chronic diseases, secured $33m in Series A financing.
The round was led by DCVC Bio with participation from seed investor 5AM Ventures, Alta Partners, Alexandria Venture Investments and Mayo Clinic.
In conjunction with the financing, the company has expanded its Board of Directors to include Kiersten Stead, Managing Partner at DCVC Bio, and Dan Janney, Managing Partner at Alta Partners.
Additional board members include Andrew Schwab, Managing Partner at 5AM Ventures, Will DeLoache and Blake Wise.
The company was founded in 2016 by scientists from Stanford University and the University of California, Berkeley, based on research performed in the laboratory of Scientific Co-Founder Dr. Justin Sonnenburg, Associate Professor, Stanford University. | To read full story, visit https://startuparound.com/read/1578531613.9342074/Novome-Biotechnologies-Secures-$33M-in-Series-A-Financing?ref=audio_experience
...more
View all episodesView all episodes
Download on the App Store

Startup AroundBy Startup Around