Deal date

KANDO id: 750956

Financial Transaction:

Series C-1


Armo BioSciences Inc


Currency
United States Dollar
Value in original currency
67,000,000
Value in USD
67,000,000

Note
"The Series C-1 proceeds will be used to initiate phase 2/3 studies with ARMO’s lead immunotherapy agent AM0010 in non-small cell lung cancer and renal cell cancer and to support an ongoing pivotal phase 3 clinical trial in advanced pancreatic cancer. The

Lead investor

Country Notes

Qiming Venture Partners

China Initial investment.

Round participants

Country Notes

Celgene Corp

Biopharmaceutical company committed to improving the lives of patients worldwide.
United States Follow-on investment.

Clough Capital Partners LP

Follow-on investment.

Decheng Capital

(德诚资本)
Initial investment.

Duff Ackerman & Goodrich Ventures

(DAG Ventures)
A mid-stage venture capital partnership with a service-oriented mindset.
United States Follow-on investment.

GV.

The venture capital arm of Alphabet Inc. (Formerly Google Ventures.)
United States Follow-on investment.

HBM Healthcare Investments

Follow-on investment.

Kleiner Perkins Caufield & Byers LLC

(KPCB)
Venture capital firm.
United States Follow-on investment.

NanoDimension Inc

(ND Capital)
United States Follow-on investment.

OrbiMed Advisors LLC

American investment firm focused on making public and private investments in the healthcare and biotechnology industries.
United States Follow-on investment.

Quan Capital Ltd

Alternative investment firm with a focus on control-oriented investments in small- and medium-sized enterprises.
Initial investment.

RTW Investments

Initial investment.

Sequoia Capital Operations LLC

(Sequoia)
Venture capital firm.
United States Initial investment.