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New Deal


Announced

Completed

5AM Ventures, Roche Venture Fund and Sofinnova Partners led a $49m Series A funding round in GlycoEra.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Biotechnology

novel therapeutics

Private

Completed

Switzerland

Minority

Acquisition

Venture Capital

Friendly

Cross Border

Synopsis

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5AM Ventures, Roche Venture Fund and Sofinnova Partners, three venture capital firms, led a $49m Series A funding round in GlycoEra, a biotechnology company, with participation from LimmaTech Biologics. “We believe GlycoEra’s world-class team has developed a platform that is a step change for the fields of biologics and glycosylation. The platform uniquely enables the translation of glycobiology into meaningful therapeutics via diverse mechanisms and for a wide range of diseases,” Mira Chaurushiya, 5AM Ventures Partner.

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