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Magenta Therapeutics closes $50mm Series B round

Executive Summary

Magenta Therapeutics Inc. (curative stem cell transplantation) raised $50mm through an oversubscribed Series B round from GV (lead; formerly Google Ventures) and all existing investors including Atlas Venture, Third Rock Ventures, Partners Innovation Fund, Access Industries, Casdin Capital, Be The Match BioTherapies, and undisclosed crossover investors. The company also announced an in-licensing from Novartis AG, and a partnership with Be The Match BioTherapies, a division of bone marrow and umbilical cord transplantation organization National Marrow Donor Program/Be The Match.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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