858 Therapeutics secures $50 million in series B funding

27 September 2024

San Diego-based start-up 858 Therapeutics has raised $50 million in a series B financing round, led by Avidity Partners.

The funding round included participation from new investors Insight Partners, Mirae Asset Capital, and Alexandria Venture Investments, along with existing backers Versant Ventures, NEA, and Logos Capital.

As part of the financing, Monal Mehta, managing director at Avidity Partners, has joined 858's board of directors.

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