A range of new and existing backers have added $45m to ViaCyte’s series D round, which now stands at more than $115m.

ViaCyte, a US-based diabetes treatment developer backed by corporates WL Gore, Johnson & Johnson and Hospira, has secured $45m to bring its series D round to more than $115m.

Bain Capital Life Sciences, TPG Capital, RA Capital Management, Sanderling Ventures, Adage Capital Partners, Invus Group, Asymmetry Ventures and Artis Ventures supplied the latest funding.

The company had disclosed $27m of series D funding from Bain Capital Life Sciences, TPG Capital, RA Capital Management, Sanderling Ventures and unnamed private investors

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.