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Microbia gets $26mm with private placement

Executive Summary

Microbia (antimicrobial drugs) has raised $26mm with its Series C private placement of shares to lead investor Fidelity BioSciences Group (managed by Fidelity Investments). Existing institutional investors Venrock Associates, Polaris Venture Partners, Essex Investment Management Co., Aberdare Ventures, and BancBoston Ventures, and other private investors also participated.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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