Laverock Therapeutics successfully closed an additional seed funding round, raising over £20 million to advance its innovative gene control technologies aimed at improving cancer therapies.
Information on the Target
Laverock Therapeutics is a pioneering gene control company focused on developing disease-responsive advanced therapies. The company has recently closed an additional seed funding round, boosting its total capital raised to over £20 million. This funding round was primarily led by Calculus Capital, with contributions from established investors such as Eli Lilly and Company, Mercia Ventures, EOS, and Maven Capital Partners, alongside a new investor, Norcliffe Capital.
With significant platform development already underway, Laverock has achieved crucial milestones, including the generation of functional data that demonstrates improved tumor control capabilities for its core T-cell and Macrophage programmes. These advancements position the company to transition to lead product selection while showcasing their innovative programmable, tunable, and multiplex gene silencing technologies.
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Industry Overview in the Target’s Specific Country
The biotechnology sector in the UK is one of the most vibrant in Europe, characterized by robust investment and a strong pipeline of innovation in advanced therapies. The country's favorable regulatory environment, coupled with its extensive research resources and skill
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Disclosed details
Transaction Size: $25M