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Zymeworks closes $61.5mm mezzanine round

Executive Summary

Zymeworks Inc. (bispecific antibodies and conjugates for cancer, autoimmune, and inflammatory diseases) raised $61.5mm through what the company is calling a Series A mezzanine round. New investors BDC Capital and Lumira Capital co-led, and were joined by existing backers Eli Lilly, Celgene, CTI Life Sciences Fund, and the Fonds de solidarité FTQ. New investors Perceptive Advisors, Teralys Capital, Northleaf Venture Catalyst Fund, Brace Pharma Capital, and Merlin Nexus also participated.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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