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Innovative Technology Fund I, a Qualified Opportunity Zone Fund Launches and is Seeking Accredited Investors for Technology and Real Estate Investment
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The North Lincolnshire man who has an asteroid named in his honour
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Appia Bio Launches With $52 Million Series A Financing and Establishes Scientific Advisory Board
Proceeds will be used to progress stem cell derived CAR-engineered invariant natural killer T cells (CAR-iNKT) to the clinic in hematological and solid tumor indications
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LOS ANGELES, May 11, 2021 /PRNewswire/ Appia Bio, Inc., an early stage biotechnology company developing engineered allogeneic cell therapies from hematopoietic stem cells (HSCs) for cancer patients, today announced its launch from stealth backed by $52 million Series A financing led by 8VC. Other investors included Two Sigma Ventures, among others, and participation from seed investors Sherpa Healthcare Partners and Freeflow Ventures.
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Appia Bio, a biotech startup focused on developing engineered allogeneic cell therapies from hematopoietic stem cells (HSCs) for cancer patients, has launched from stealth mode, saying it has raised $52M in a Series A funding round. The funding was led by 8VC, and also included Two Sigma Ventures, Sherpa Healthcare Partners and Freeflow Ventures. The company said its technology was originally developed in the laboratory of Lili Yang, PhD, associate professor at University of California, Los Angeles (UCLA). Appia said that Francisco Gimenez, PhD, and David Moskowitz, PhD, of 8VC, both join the company s board, with David Baltimore, PhD, of the California Institute of Technology (Caltech) serving as Chairman. The company said the proceeds from the funding will go to support advancement of its therapy candidates.
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Walter Munk, in wheelchair, on his 100th birthday in 2017, was presented plaques of appreciation by then State Assemblyman Todd Gloria (now San Diego’s mayor), then-San Diego County Supervisor Ron Roberts, and then-San Diego City Councilwoman Barbara Bry. Also in the photo are UC San Diego Chancellor Pradeep K. Khosla (seated) and Munk’s wife, Mary, leaning over him.
By Donald H. Harrison
Donald H. Harrison
SAN DIEGO – It is unsurprising that even two years after his death, Walter Munk, who is known as the “Einstein of the Oceans” is continuing to make waves.
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