AVEO Oncology

company

About

AVEO is a biopharmaceutical company that offers drug development strategies for targeted cancer therapeutics.

  • 101 - 250

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$35M
Industries
Biotechnology,Health Care,Medical,Pharmaceutical,Therapeutics
Founded date
Jan 1, 2001
Number Of Employee
101 - 250
Operating Status
Active

AVEO is a late-stage biopharmaceutical company focused on the discovery and development of targeted cancer therapeutics. AVEO's proprietary, integrated cancer biology platform enables the company to pursue highly efficient drug development strategies in oncology that increase the probability of clinical success and provides a discovery engine for high-value targets and therapies. This approach has resulted in a balanced pipeline of novel cancer therapies focused on well-validated targets (VEGFR, EGFR) and promising novel targets (HGF, FGFR, ErbB3 and NOTCH), as well as collaborations with Eli Lilly, Merck, OSI Pharmaceuticals, Schering-Plough, and Biogen Idec.

The company was established in 2001 and is based in Cambridge, Massachusetts.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$65M
AVEO Oncology has raised a total of $65M in funding over 2 rounds. Their latest funding was raised on Aug 10, 2020 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 10, 2020 Post-IPO Debt $35M 1 Hercules Capital Detail
May 28, 2010 Post-IPO Equity $25M 1 Hercules Capital Detail
May 5, 2005 Series C $5M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
2
AVEO Oncology is funded by 2 investors. Hercules Capital and MPM Bio IV NVS Strategic Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Hercules Capital Yes Post-IPO Debt
MPM Bio IV NVS Strategic Fund Series C