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EsbaTech brings in €32mm in Series B round; adds €14mm

Executive Summary

EsbaTech AG (develops antibody fragment therapeutics for Alzheimer's disease, cancer, and inflammation) raised €32mm ($41mm) in its Series B recapitalization financing round. New investors SV Life Sciences, Clarus Ventures, HBM BioVentures, and HBM BioCapital were joined by existing backers Novartis Venture Fund, BioMedinvest, and Venture Incubator (VI) Partners.
Deal Industry
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • Biotechnology
    • Large Molecule
      • Antibodies
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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