OncoC4 Secures $50 Million in Series B Funding for Cancer Therapy Development
OncoC4 has closed a Series B financing round of nearly $50 million, announced in a press release. The round was led by GBA Fund, with participation from the company's co-founders and existing investors, including HM Capital, 3E Bioventures Capital, and Kaitai Capital.
Founded in 2020 by immunologists Dr. Yang Liu and Dr. Pan Zheng, OncoC4 is focused on developing innovative therapies for cancer and neurodegenerative diseases. The funds from this financing round will be used to advance the clinical development of the company's pipeline programs, which target both novel and well-validated targets across oncology and immunological diseases.
Dr. Yang Liu, Co-Founder and CEO of OncoC4, expressed gratitude for the investors' support and emphasized the company's commitment to advancing its core pipeline and expanding business development activities globally.
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