Biotech startup Bicara Therapeutics secured $108M

 

Biotech startup Bicara Therapeutics secured $108M in Series B funding co-led by Red Tree Venture Capital and RA Capital Management. 

 The Cambridge, Massachusetts-based startup is combining target therapies and immunotherapies into single precision antibodies to treat cancer. The fresh capital infusion will help the firm to advance the clinical pipeline of its lead drug candidate BCA101, commence human trials, and grow team size. 

  • Bicara spun out from Indian biotech Biocon Ltd. in 2021. 
  • Per Crunchbase, Biocon led a $40M seed stage investment into the firm. 
  • F-Prime Capital, Eight Road Ventures, Premji Invest, Omega Funds, Invus, and others participated in the current fundraising. 
  • CEO Claire Majumdar estimates that the current financing will expand the firm's cash runway until mid-2025.

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