Marea Therapeutics launches with $190 million financing

19 June 2024

Third Rock incubated clinical-stage biotech Marea Therapeutics launched yesterday with $190 million in combined Series A and B financings.

The Series A round was led by Third Rock Ventures and the Series B round was led by Sofinnova Investments and co-led by Forbion, Perceptive Xontogeny Venture Fund and venBio, with the participation of Alpha Wave Global, Omega Funds, Surveyor Capital (a Citadel company) and founding investor Third Rock Ventures.

San Francisco, USA-based Marea noted that the financing will fund the company’s MAR001 Phase II development plan and further progression of additional pipeline programs.

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