January 18, 2012
Cambridge Biolabs congratulates our client RaNA Therapeutics on their recent financing. RaNA announced the closing of a Series A round of $20.7 by Atlas Venture, SR One, and Monsanto Co., with participation from Partners Innovation Fund. RaNA came out of stealth mode with the exciting news that it has met its early milestones and enabled its platform. This technology was invented by MGH researcher Dr. Jeannie Lee and allows for selective activation of target genes and expression of therapeutic factors by targeting a type of regulatory RNA called long non-coding RNA (lncRNA).
View the MassHighTech press release here.
RaNA Therapeutics is an Atlas Ventures portfolio company under management of Art Krieg, who was the Entrepreneur in Residence there before starting RaNA.