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Juno closes $134mm Series B round

Executive Summary

Juno Therapeutics Inc. (cancer immunotherapies) closed its second huge financing in less than 12 months. The company raised $134mm through its Series B round from all existing major investors (Arch Venture Partners and Crestline Investors were key Series A participants) as well as ten public mutual funds and health care-focused funds. Juno's Series A round closed in April bringing in a whopping $176mm; proceeds from both financings are funding Juno's pipeline of chimeric antigen receptor and T-cell receptor therapies.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Vaccines
  • Biotechnology
    • Gene Therapy, Cell Therapy
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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