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Series B round brings in $48.5mm for Concert Pharmaceuticals

Executive Summary

Concert Pharmaceuticals (developing therapeutics for cancer, diabetes, and cardiovascular conditions) has closed its $48.5mm Series B venture round. Lead investor Flagship Ventures was joined by fellow new backers Brookside Capital Partners and New Leaf Venture Partners as well as current shareholders Three Arch Partners, TVM Capital, Skyline Ventures, Greylock Partners, and QVT Fund. A representative from Flagship will take a seat on the company's board.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Molecular Diversity
        • Natural Products
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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