How Much Did Kiromic Raise?
Funding & Key Investors

Kiromic has secured $15M in total capital, with a recent strategic investment of $15M announced on October 16, 2020. This significant backing positions the company for continued advancement in its innovative biotherapeutics pipeline.

What is Kiromic?

Kiromic
Business ServicesResearch & Development

Kiromic BioPharma, Inc. is a clinical-stage biotherapeutics firm leveraging its proprietary DIAMOND AI platform for the discovery, validation, and development of cell and gene therapies. The company's primary therapeutic focus is on immuno-oncology, with a key development initiative centered on ALEXIS, an allogeneic CAR-T cell therapy platform designed to target solid cancers by utilizing gamma delta T-cells. The DIAMOND AI platform integrates data science with target identification, aiming to drastically reduce the time and cost associated with cellular therapeutic development. Kiromic operates from its offices in Houston, Texas.

How much funding has Kiromic raised?

Kiromic has raised a total of $15M across 1 funding round:

2020

Stock Offering

$15M

Stock Issuance/Offering (2020): $15M, investors not publicly disclosed

What's next for Kiromic?

The substantial enterprise-level funding and recent strategic investment indicate a strong market validation for Kiromic's AI-driven approach to cell and gene therapy development. This capital infusion is expected to accelerate the clinical progression of its ALEXIS platform and further enhance the capabilities of its DIAMOND AI technology. The company's focus on immuno-oncology and solid tumor targets suggests a strategic move into a high-demand area of biopharmaceutical research, positioning Kiromic for significant growth and potential market disruption.

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Frequently Asked Questions Regarding Kiromic Financial Insights

What are the most recent funding rounds that Kiromic has completed, and what were the funding rounds?
Kiromic has recently completed 1 funding rounds: Stock Offering on Oct 16, 2020.
What is the total amount of funding Kiromic has raised to date?
Kiromic has raised a total of $15M in funding to date.
How many funding rounds has Kiromic completed?
Kiromic has completed 1 funding rounds.
How much funding did Kiromic raise in its most recent funding round?
Kiromic raised $15M in its most recent funding round.
Which was the largest funding round in Kiromic's history?
The largest funding round in Kiromic's history was $15M.
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