$155 million financing shows strong support for Abcuro's science

17 August 2023

Massachusetts, USA-based cell therapy specialist Abcuro has raised $155 million in a series B financing round co-led by Redmile Group and Bain Capital Life Sciences.

The 2016-founded company is developing therapies for the treatment of autoimmune diseases and cancer, using T and NK cell technologies.

The firm’s approach has attracted interest from investors including RA Capital Management, Samsara BioCapital and Sanofi Ventures, with the latter co-leading a series A round worth $42 million in 2021.

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