Cygnal. Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
56
- Latest Deal Type
-
M&A
Cygnal. General Information
Description
Operator of a drug discovery platform intended to offer drugs to manipulate and exonerate biology for the treatment of cancer. The company's platform offers novel therapeutics for the treatment of immunological diseases and regenerative processes, enabling clients to receive exonerate treatment for various sorts of cancer-related diseases.
Contact Information
Website
www.cygnaltx.comCorporate Office
- 325 Vassar Street
- Suite 2B
- Cambridge, MA 02139
- United States
Corporate Office
- 325 Vassar Street
- Suite 2B
- Cambridge, MA 02139
- United States
Cygnal. Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 18-May-2022 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 30-Sep-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 08-Oct-2019 | Completed | Generating Revenue | |||
| 2. Debt Refinancing | 12-Jan-2018 | $6M | $20.4M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 15-May-2017 | $14.4M | $14.4M | Completed | Startup |
Cygnal. Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 12,973,466 | $0.001000 | $1.5 | $1.5 | 1x | $1.5 | 34.53% |
Cygnal. Signals
Cygnal. Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACS BrightEdge | Corporate Venture Capital | Minority | ||
| BEST Funds | Venture Capital | Minority | ||
| Costella Kirsch | Venture Capital | Minority | ||
| Flagship Pioneering | Venture Capital | Minority |
Cygnal. Acquisitions (1)
Cygnal.’s most recent deal was a Merger of Equals with Sonata Therapeutics. The deal was made on 18-May-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sonata Therapeutics | 18-May-2022 | Merger of Equals | Drug Discovery |
Cygnal. FAQs
-
When was Cygnal. founded?
Cygnal. was founded in 2017.
-
Where is Cygnal. headquartered?
Cygnal. is headquartered in Cambridge, MA.
-
What is the size of Cygnal.?
Cygnal. has 56 total employees.
-
What industry is Cygnal. in?
Cygnal.’s primary industry is Drug Discovery.
-
Is Cygnal. a private or public company?
Cygnal. is a Private company.
-
What is Cygnal.’s current revenue?
The current revenue for Cygnal. is .
-
How much funding has Cygnal. raised over time?
Cygnal. has raised $160M.
-
Who are Cygnal.’s investors?
ACS BrightEdge, BEST Funds, Costella Kirsch, and Flagship Pioneering have invested in Cygnal..
-
When was Cygnal. acquired?
Cygnal. was acquired on 18-May-2022.
-
Who acquired Cygnal.?
Cygnal. was acquired by Sonata Therapeutics.
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