FinTechFunding

Peel Therapeutics: Closes $9M Financing Round

Peel Therapeutics Closes $9M Financing Round

  • Peel Therapeutics, a Salt Lake City, UT-based clinical-stage biotech company, secured $9M in funding, bringing its total seed financing to $36M
  • The company intends to use the funds to advance clinical and pre-clinical programs
  • PeelTherapeutics is a clinical-stage biotech company that is advancing a therapeutic pipeline to treat a spectrum of devastating conditions, with a near-term focus on cancer and inflammation
  • The company has raised a total of $36M in seed financing, plus over $3M in non-dilutive capital
  • Peel also expanded its Board of Directors to support and guide the company through this rapid growth stage
  • The new additions include Ryan Watts, CEO, Denali Therapeutics and Carin Canale-Theakston, CEO, Evoke Canale
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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