Covagen
Company

Last deal

$66.13M
Local Amount - CHF 58.9M

Amount

Series B

Stage

09.12.2013

Date

3

all rounds

$106.63M

Total amount

date founded

Financing round

General

About Company
Covagen is a biopharmaceutical company that develops protein-based therapeutics for the treatment of inflammatory diseases and cancer..

Industry

Sector :

Subsector :

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Their lead FynomAb COVA322 is being developed for the treatment of inflammatory diseases such as rheumatoid arthritis and psoriatic arthritis. Covagen's proprietary platform allows them to create FynomAbs with tailored architectures to maximize efficacy, and they have a strategic research collaboration and license agreement with Mitsubishi Tanabe / TRL for the development of bispecific FynomAbs against target pairs selected by Mitsubishi Tanabe / TRL. Covagen was founded in 2007 as a spin-off company from ETH Zurich and is supported by a strong syndicate of investors including Novartis Venture Fund, Edmond de Rothschild Investment Partners, Gimv, Seroba Kernel Life Sciences, Ventech, Ascent Biomedical Venture Management, MP Healthcare Venture Management, and Baxter Ventures.
Contacts

Phone number

Social url

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Transaction name

Acquired by

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announced date

25.08.2014

Financials

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3

Number of Funding Rounds

$106.63M

Money Raised

Their latest funding was raised on 09.12.2013. Their latest investor MP Healthcare Venture Management. Their latest round Series B

Date 
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Investors 
Money Raised 
Lead 
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9
$66.13M
Local Amount - CHF 58.9M
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People

Founders
1
Julian Bertschinger
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current job

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Johnson & Johnson

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1

Julian Bertschinger

Employee Profiles
4
Dragan Grabulovski

Dragan Grabulovski

Co-Founder & CSO

Raymond Hill

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Non-Executive Director

Activity

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