Arcturus Therapeutics Garners $5,000,000 Series A Round

  • Feed Type
  • Date
    10/21/2013
  • Company Name
    Arcturus Therapeutics
  • Mailing Address
    3210 Merryfield Row San Diego, CA 92121
  • Company Description
    Arcturus Therapeutics is poised to become an industry leader in the application of RNAi technologies for the treatment of disease and improved quality of life. The company’s aim is to develop breakthrough technology and novel therapeutics for rare diseases for which there is no adequate treatment.
  • Website
    http://www.arcturusrx.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The Series A funding, which comprised more than 90% of the Series Seed investors, will enable Arcturus to maintain its momentum, nominate its first clinical candidate in 2014, and recruit high caliber talent to expand its operations at the respected Janssen Labs in La Jolla, Calif.
  • M&A Terms
  • Venture Investor
    Undisclosed