VetDC Obtains $1,500,000 New Financing Round

  • Feed Type
  • Date
    12/1/2012
  • Company Name
    VetDC
  • Mailing Address
    300 West Drake Road Fort Collins, CO 80523
  • Company Description
    VetDC operates as a capital-efficient, virtual company with minimal operational and staffing requirements. VetDC’s access to resources and expertise atColorado State University’s world-renowned Animal Cancer Center and Veterinary Teaching Hospital avoids the expense and effort typically required by early-stage companies to build infrastructure, yet allows the company to pursue multiple programs across diverse therapeutic areas.
  • Website
    http://www.vet-dc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    VetDC Inc., a veterinary biotechnology company spun out from Colorado State University, said it has completed a round of $1.5 million in private financing, which it plans to use to advance a canine lymphoma therapy towards veterinary approval.
  • M&A Terms
  • Venture Investor
    Undisclosed