Swiss biotechnology company Memo Therapeutics raises a €26M Series C to speed up clinical development for renal transplant patients

Memo Therapeutics AG is an innovator in the field of antibody discovery and immune repertoire analysis. Here are details of Memo Therapeutics‘ latest funding round :

🚀 Launch

2012

🏭 Industry

Biotechnology

🧠Management

Erik Van Den Berg (CEO), Christoph Esslinger (CSO), Jürgen Beck (CMO), Lars Spenger (CFO)

💸 Funding & Investors

INVESTMENT (Novembre 2023)€26 million (Series C)
INVESTORS (Novembre 2023)led by Pureos Bioventures. Existing investors Swisscanto, Vesalius Biocapital, Adjuvant Capital, Verve Ventures, Schroders Capital, GF Group, Fresenius Medical Care Ventures and Red Alpine joined in the round.

🎯 Funding purpose

Complete U.S. Phase II clinical development of its best- and first-in-class antibody, AntiBKV, intended to neutralize BK polyomavirus (“BKV”) infection in kidney transplant recipients.

🌐 Country HQ

Switzerland (Zurich)

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