Bambusa Therapeutics raises $90 million in Series A Financing

17 February 2025

Boston, USA-based biotech Bambusa Therapeutics, which is developing bispecific antibodies for immunological and inflammatory (I&I) disorders, as announced the successful completion of its oversubscribed Series A financing of approximately $90 million.

The round was led by new investor RA Capital Management, with participation from new investors including Janus Henderson Investors, Redmile Group, Invus, and ADAR1 Capital Management. All existing investors also participated.

The funding will support the advancement of Bambusa's lead programs through Phase I trials and drive further pipeline development. In conjunction with the financing, Dr Derek DiRocco, a partner at RA Capital Management, will join Bambusa's Board of Directors.

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