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Adimab completes $4mm Series E financing

Executive Summary

OrbiMed Advisors was the lead investor on antibody platform developer Adimab LLC’s $4mm Series E financing. According to the Form D filing, nine other undisclosed backers participated (a secondary industry source reports that all existing shareholders joined, including Google Ventures, Borealis Ventures, Polaris Venture Partners, and SV Life Sciences). The company had a pre-money valuation of $520mm.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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