A group of investors led a $220m Series B round in Arsenal Biosciences.

A group of investors including Softbank Vision Fund 2, Bristol-Myers Squibb Company, Byers Capital, Emerson Collective Investments, Green Sands, Hitachi Ventures, Sixth Street, Parker Institute for Cancer Immunotherapy, Westlake Village BioPartners, the University of California, San Francisco Foundation Investment Company, Euclidean Capital, Waycross Ventures and Kleiner Perkins led a $220m Series B round in Arsenal Biosciences, a privately held programmable cell therapy company engineering advanced CAR T therapies for solid tumors. "ArsenalBio’s programmable cell therapy technology has shown great promise in preclinical development, giving us confidence that our approach may help address the unmet medical needs of cancer patients, ultimately helping alleviate human suffering. We look forward to entering the clinic so we can more fully understand the promise of our technology in treating ovarian and ultimately other devastating cancers," Ken Drazan, ArsenalBio Founder and CEO.