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Arkin Bio Ventures led a $41m Series B round in Bluejay Therapeutics.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Single Bidder

United States

Private

Completed

Private Equity

development of cures for infectious diseases

Cross Border

Minority

Acquisition

Friendly

Biotechnology

Synopsis

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Arkin Bio Ventures, a healthcare investment company, led a $41m Series B round in Bluejay Therapeutics, a virology and liver disease-based company, with participation from other Synergenics, RiverVest Venture Partners, Yonjin Capital, Octagon Capital and InnoPinnacle International. “Bill and Alon’s extensive experience across therapeutic areas will be invaluable to Bluejay at this time of growth for our company. We are very excited to have them on the team," Dr. Keting Chu, Bluejay Therapeutics Founder, Chairman and CEO.

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