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OncoMed closes $154mm Series B round; later adds on $15mm

Executive Summary

OncoMed Pharmaceuticals (anticancer stem cell antibodies) has raised $93mm through the second and final closing of its Series B round, bringing the total amount to $154mm. New investor Nomura Phase4 Ventures participated, along with returning buyers US Venture Partners, Latterell Venture Partners, the Vertical Group, Morgenthaler Ventures, Adams Street Partners, De Novo Ventures, Bay Partners, and development partner GlaxoSmithKline. Nomura Phase4's managing director will join OncoMed's board.
Deal Industry
  • Biotechnology
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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