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New Deal


Announced

Completed

Fidelity Management & Research Company led a $100m Series B round in Galvanize Therapeutics.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biomedical platform

Domestic

Single Bidder

Private

Biotechnology

Acquisition

Venture Capital

Minority

Friendly

Completed

United States

Private Equity

biotechnology company

Synopsis

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Fidelity Management & Research Company, a privately-owned investment manager, led a $100m Series B round in Galvanize Therapeutics, a commercial-stage biomedical platform company operating at the convergence of engineering, biology and healthcare delivery, with participation from Intuitive Surgical, ATP, and Gilmartin Capital. "We are energized by this vote of confidence from our investors in our technology platform and team as we seek to bring transformative electrosurgical therapies to patients worldwide," Jonathan Waldstreicher, Galvanize Therapeutics Founder and CEO.

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