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Blend Therapeutics brings in $16mm through Series B round; $21mm in equity and debt added through later extension

Executive Summary

Blend Therapeutics Inc. (nanoparticle engineering platform for drug development) has raised $16mm through its Series B round. Existing investors participated, including NanoDimension (lead), Flagship Ventures, New Enterprise Associates, and five other unnamed buyers. According to a Form D, a second closing of $5mm is expected by the end of February 2013.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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