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Adverum Biotechnologies Funding & Investors

Adverum Biotechnologies, formerly known as Avalanche Biotechnologies, is a publicly traded (NASDAQ:ADVM) clinical stage gene therapy company located in Redwood City, California. The company is targeting unmet medical needs for serious ocular and rare diseases, including wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME).

adverum.com

Total Amount Raised: $687,372,608

Adverum Biotechnologies Funding Rounds

  • Post Ipo Equity

    $130,500,000

  • Post Ipo Equity

    $9,999,995

  • Series B

    $55,000,000

    Series B Investors

    Redmile Group
    Venrock
    Deerfield Management
    Adage Capital Management
    Sabby Capital
    Rock Springs Capital
  • Post Ipo Equity

    $69,000,000

  • Post Ipo Equity

    $50,000,000

  • Series Unknown

    $5,653,890

  • Post Ipo Equity

    $217,000,000

  • Post Ipo Equity

    $150,218,750

Funding info provided by Diffbot.