How Much Did RenBio Raise?
Funding & Key Investors

RenBio, a New York-based biotechnology firm, has successfully secured a significant capital injection to accelerate its preclinical pipeline. With a total funding accumulation of $24.4M, the company continues to solidify its market position through this recent funding of $24M. This strategic investment underscores the growing institutional confidence in the firm's proprietary antibody delivery platform and its potential to redefine antiviral therapeutic standards.

What is RenBio?

RenBio
Business ServicesResearch & Development

Established in 2016, RenBio operates at the intersection of advanced immunology and pharmaceutical engineering. The company is primarily focused on the development of best-in-class antiviral antibody therapeutics. By leveraging a next-generation delivery platform, RenBio aims to overcome traditional limitations in antibody administration, providing more efficient and durable treatment options. As a preclinical entity, the firm maintains a lean, high-impact operational model, positioning itself as a critical player in the evolving landscape of infectious disease management and biopharmaceutical innovation.

How much funding has RenBio raised?

RenBio has raised a total of $24.4M across 3 funding rounds:

2020

Debt

$150K

2021

Debt

$264K

Series A

$24M

Debt (2020): $150K with participation from PPP

Debt (2021): $264K led by PPP

Series A (2021): $24M supported by Ruentex Group

Key Investors in RenBio

Ruentex Group

A diversified conglomerate with a strong focus on strategic investments in high-growth sectors including biotechnology and life sciences.

PPP

Public-Private Partnership

What's next for RenBio?

The recent infusion of capital is expected to catalyze the transition of RenBio's lead candidates from preclinical research into more advanced development phases. By prioritizing the optimization of its antibody delivery technology, the company is well-positioned to pursue strategic partnerships or further clinical validation. The focus remains on scaling internal research capabilities and strengthening the intellectual property portfolio, ensuring that RenBio remains at the forefront of the antiviral therapeutic sector as it navigates the complexities of the drug development lifecycle.

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Frequently Asked Questions Regarding RenBio Financial Insights

What are the most recent funding rounds that RenBio has completed, and what were the funding rounds?
RenBio has recently completed 3 funding rounds: Series A on May 20, 2021, Debt on Mar 24, 2021, Debt on May 1, 2020.
What is the total amount of funding RenBio has raised to date?
RenBio has raised a total of $24.4M in funding to date.
How many funding rounds has RenBio completed?
RenBio has completed 3 funding rounds.
How much funding did RenBio raise in its most recent funding round?
RenBio raised $24M in its most recent funding round.
Who are the lead investors in RenBio's latest funding round?
The lead investor in RenBio's latest funding round was Ruentex Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in RenBio's history?
The largest funding round in RenBio's history was $24M.
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