Molecular Templates Obtains $1,410,000 New Financing Round

  • Feed Type
  • Date
    6/30/2011
  • Company Name
    Molecular Templates
  • Mailing Address
    111 W. Cooperative Way Georgetown, TX 78626
  • Company Description
    Molecular Templates Inc. is creating an entirely new generation of potent anti-cancer agents based on proprietary applied proteomics technologies.The novel therapeutic agents in development by MTI are aimed particularly at melanoma, prostate and other metastatic cancers. Such agents are derived from the sophisticated mutation and selection of Shiga-like toxin (SLT) variants using recombinant DNA and proprietary ‘applied proteomics’ technologies.
  • Website
    http://www.moleculartemplates.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,410,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Sante Ventures