MANA Therapeutics Announces Final Closing of Series A and Closing of Venture Debt Facility
Retrieved on:
Tuesday, November 30, 2021
MANA Therapeutics , a clinical-stage company creating nonengineered, off-the-shelf allogeneic cell therapies that target multiple cancer antigens, today announced the final closing of its Series A financing, bringing the total raised to $42 million.
Key Points:
- MANA Therapeutics , a clinical-stage company creating nonengineered, off-the-shelf allogeneic cell therapies that target multiple cancer antigens, today announced the final closing of its Series A financing, bringing the total raised to $42 million.
- In addition, MANA closed a $7.5 million venture debt facility with Silicon Valley Bank with an initial tranche of $5 million available immediately.
- It will also permit building out our pipeline of MANA-512 candidates, which will apply new sets of antigens to the EDIFY platform.
- MANA Therapeutics is harnessing the natural immune system to develop broadly accessible, ready-to-use cellular therapies to improve outcomes for cancer patients.