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Investment Rounds

Degron Therapeutics Series B 2023

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Home/Funding rounds/Degron Therapeutics Series B

Series B

Jun 28, 2023· USA

Degron Therapeutics Series B

Degron Therapeutics — Clinical-stage biotechnology company advancing molecular glue degrader (MGD) medicines.

degrontx.com LinkedIn2 foundersBiotechnology, Pharmaceuticals, Drug Discovery

Investors (5)

Arch Venture Partners

Alexandria Venture Investments

Lilly Asia Ventures

Bessemer Venture Partners

Degron Therapeutics's other rounds

Degron Therapeutics

Series A Extension · May 14, 2026

$40M

Degron Therapeutics

Seed · Jun 29, 2021

$45M

Key details

Amount: $100M
Announced: Jun 28, 2023
Series: Series B

vs. all Series B rounds (911)

Trimmed 85 outliers (Tukey 1.5× IQR) for a cleaner read.

Amount raised96th pct

$600Kthis round: $100M$126M

Sources

Round announcement

degrontx.com

Coverage

fiercebiotech.com