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Aeglea's Series B round brings in $44mm

Executive Summary

Aeglea Biotherapeutics Inc. (developing drugs for inborn errors of metabolism (IEM) and therapies targeting tumor metabolism) raised $44mm through its Series B round. A total of 54 investors participated, including returning backers Lilly Ventures and Novartis Venture Fund (co-leads) and UT Horizon Fund, along with new buyers OrbiMed, Jennison Associates, Venrock, RA Capital Management, Rock Springs Capital, Ally Bridge Group, and Cowen Investments.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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