Avelas Biosciences

San Diego, United States · Founded 2008 · $34.3M raised

Employees
11–50
Founded
2008
Total Funding
$34.3M
Last Round
$20.0M Series CMar 2017
Rounds
3

About

Avelas Biosciences is a San Diego biotechnology company developing fluorescence-guided imaging technology to improve cancer surgery. Founded in 2008 by Avalon Ventures around science from Nobel laureate Roger Tsien, Avelas created a real-time tumor-visualization agent designed to help surgeons distinguish cancerous from healthy tissue during operations, aiming to reduce repeat surgeries and improve outcomes. The company has advanced its lead candidate through clinical development backed by Series B and Series C financings.

Summary

Avelas Biosciences is a Medtech company based in San Diego, United States, founded in 2008. It has raised $34.3M in total across 3 rounds, most recently a $20.0M Series C round in Mar 2017. Investors include Avalon Ventures, Pharmstandard and Torrey Pines Investment.

Funding History

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Series CSeries CMar 2017
$20.0M

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