Press Release March 01, 2018

Quentis Therapeutics Closes $48 Million Series A Financing

The Life Sciences team advised Quentis Therapeutics as it closed a $48 million Series A financing round to support the advancement of its lead program, a small molecule IRE1α inhibitor, into the clinic in 2019 and through clinical proof-of-concept. The financing was co-led by founding investor Versant Ventures and by Polaris Partners and the affiliated LS Polaris Innovation Fund. The syndicate also included AbbVie Ventures, Taiho Pharmaceutical Co., Ltd., Yonghua Capital, Alexandria Venture Investments and New York Ventures, the investment arm of Empire State Development.

Quentis Therapeutics is a preclinical stage biotechnology company that is translating novel biology into new therapeutic approaches to help more cancer patients benefit from immunotherapy.

The Goodwin team was led by partner Kingsley Taft and colleagues Mulon Luo and Ryan LaForce, and included associates Brett Burka and Jake Hays.

For additional details on the financing, please read the press release.