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Cellzome Raises 30 Million Euro in Series C

NEW YORK, March 18 - Cellzome has raised 30 million euro ($31.9 million) in a Series C financing, the company said today.

 

The Heidelberg, Germanyproteomics company will use the funds for R&D  and proof-of-concept studies for its drug discovery process, which involves matching proteins to disease pathways and existing medicinal chemistry.

 

Invesco Private Capital led the financing round, and was joined by new investors Biofrontier Partners, SG Asset Management, and Yamanouchi Venture Capital; and prior investors Advent International, Atlas Venture, Index Ventures, Heidelberg Innovation, Schroder Ventures Life Sciences, Sofinnova Partners, and Stelios Papadopoulos.

 

 

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