Deal Announcements

Achaogen Adds $19 Million Venture Capital Investment

Tuesday, March 26, 2013 5:33:00 AM PDT | VentureDeal

   South San Francisco, California  --  Biotechnology company Achaogen has garnered $18.9 million in venture capital equity financing, according to an SEC filing.

Achaogen is focused on developing small molecules to treat infections caused by bacterial infection that are especially resistant to antibiotics.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Achaogen is still seeking $11.8 million in additional financing, according to the filing.

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