.
MergerLinks Header Logo

New Deal


Announced

Completed

Ally Bridge Group led a $265m Series B round in Sonoma Biotherapeutics.

Financials

Edit Data
Transaction Value£190m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Completed

Biotechnology

Minority

Private

Venture Capital

Friendly

Single Bidder

United States

Acquisition

therapy development

Private Equity

Synopsis

Edit

Ally Bridge Group, a healthcare-focused investment group, led a $265m Series B round in Sonoma Biotherapeutics, a company that develops adoptive therapies cell for autoimmune. Additional investors included ArrowMark, Avidity Partners, Casdin Capital, Deep Track Capital, Fidelity Management & Research Company, Frazier Healthcare Partners, GV, Janus Henderson Investors, Mirae Asset, NS Investment, Osage University Partners, Piper Heartland Healthcare Capital, Vertex Ventures, 8VC, ARCH Venture Partners, Alexandria Venture Investments, the JDRF T1D Fund, LifeForce Capital, Lilly Asia Ventures and Octagon Capital. “We’re proud to lead Sonoma Bio’s Series B financing and support their game-changing efforts to fundamentally change the treatment of autoimmune diseases. Sonoma Bio, which creates a new therapeutic paradigm, has assembled a leading world-class team who are pioneering technology to unlock this novel cell therapy approach for autoimmune and inflammatory diseases," Frank Yu, Ally Bridge Group Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US