Deal Announcements

Allakos Nets $32 Million First Venture Capital Funding

Wednesday, December 19, 2012 5:33:00 AM PDT | VentureDeal

   San Francisco, California  --  Biotechnology company Allakos has announced its Series A round of institutional and strategic venture capital investment.

Allakos is developing antibody-based therapeutics to treat immune responses in pathology, including allergic disease, inflammation and excess production of inflammatory cells.

Novo A/S led the round, which also included Alta Partners, RiverVest Venture Partners and Roche Venture Fund.

The company did not say how the funding proceeds would be used.

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