Emergence Therapeutics Announces a Bumped-up Follow-on Seed Round Financing
Financing enables company to embark on additional targets and expand ADC technology reach
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"We are grateful for the continued support from our investors at this seed stage. The proceeds from the Follow-on Seed Round will be used to continue the development of our lead program targeting Nectin-4, an increasingly important and clinically validated target for a broad range of cancers. Moreover, the funding enables us to expedite work on further programs as well as expand our ADC toolset with additional, highly innovative linker-payload technologies", said Jack Elands, CEO of Emergence Therapeutics.
"We are particularly impressed with the approach Emergence Therapeutics is taking towards developing novel, much needed cancer treatments. The company features a unique combination of ADC technology driven by innovation and led by a world-class management team", said Dr. Anke Caßing, Senior Investment Manager at High-Tech Gründerfonds.
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