Galecto raises 79 million euros in Series C financing

26 October 2018

Galecto Biotech is 79 million euros ($90 million) better off after a Series C funding round.

The Novo Seeds portfolio company is a developer of galectin modulators for the treatment of severe diseases, including fibrosis and cancer.

Novo Seeds, which is the early-stage investment arm of Novo Holdings, invested 12.5 million euros in the deal itself, becoming the largest shareholder in Galecto.

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