HomeFinTechVivace Therapeutics: Raises $30M in Series C Financing

Vivace Therapeutics: Raises $30M in Series C Financing

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  • Vivace Therapeutics, Inc., a San Mateo, CA-based small molecule discovery and development company, closed a $30m Series C financing
  • The round was led by Boxer Capital with participation from new investor RA Capital Management alongside existing investor Canaan Partners
  • In conjunction with the funding, Dr. Norman Zhou of Boxer Capital joined the board of directors at Vivace
  • The company intends to use the funds to advance its clinical candidate into first-in-human studies in early 2021, targeting tumors dependent on activated YAP
  • Vivace Therapeutics is a small molecule drug discovery and development company focused on targeting the Hippo pathway
  • The company is pursuing several first-in-class drug candidates to treat human carcinomas of high unmet medical need
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