Pharma services firm closes $23.6M funding round
August Bioservices lands Series A amid HQ, manufacturing expansion
Source: nashvillepost.com
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August Bioservices Raises $23.6M in Series A Extension
August Bioservices, a Nashville, Tenn.-based contract development and manufacturing organization (CDMO) providing drug discovery, development, and pharmaceutical manufacturing services, closed a $23.6m Series A extension. The round was led by Polaris Partners, who joined existing investor Oak HC/FT. As part of the financing, Brian Chee, Managing Partner of Polaris Partners, joined the August Bioservices’ board as a Director. Darren Carroll of Polaris Partners joined the board as an observer. The company intends to use the funds to expand its manufacturing capacity and capabilities to advan...
Source: finsmes.com