USD 30 million Series B Investment Further Accelerates the Development of SLC-3010​ > Notice_en

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2022 03.22

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USD 30 million Series B Investment Further Accelerates the Development of SLC-3010​

Selecxine has raised a total of $55M in funding over 2 rounds 

including angel investment round.



Selecxine develops and discovers therapeutic antibodies for cancer treatment based on in house novel antibody 

development platform.


 

Selecxine has successfully achieved $30 million in Series B investment from the major venture capital firms, 

such as Stonebridge Ventures.

 

 

Founded in 2018, Selecxine has excelled in developing the antibody based immunotherapeutic, SCL-3010. 

Selecxine has announced that this investment will further accelerate its development process towards the clinical level.

 

This series B round was led by the Stonebridge Ventures with the original participants including the STIC Ventures, 

Medytox Venture, Hanwha Investment & Securities, and SJ Investment Partners. Several firms also newly joined including 

the Medici Investment, UTC Investment, KCLAVIS Investment, Hyundai Venture Investment, and Hi Investment Partners.

 

Selecxine has raised a total of $55M in funding over 2 rounds including angel investment round. 

It is interpretable that Selecxine has gained large attraction from the market with its in-house technology of developing therapeutic antibodies.


Article source link: https://www.yakup.com/news/index.html?mode=view&cat=12&nid=267697

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