Northpond and Deerfield have co-led a $75m series C round for Encodia, seemingly the first publicly disclosed funding for the WashU spinout.
Encodia, a US-based protein analysis technology spinout of Washington University in St Louis, closed a $75m series C round today co-led by Northpond Ventures and Deerfield Management.
GV, Alexandria Venture Investments and Nan Fung Life Sciences, respective units of internet technology conglomerate Alphabet, life sciences real estate developer Alexandria Real Estate Equities and property group Nan Fung, also participated in the round.
Arch Venture Partners, Biomatics Capital, Decheng Capital and Tao Capital filled out the investor line-up.
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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.
