Press Release

Kriya Announces $270 Million Series C Financing

May 19, 2022

Palo Alto – May 19, 2022 – Cooley advised Kriya Therapeutics, a fully integrated gene therapy company pioneering novel technologies and therapeutics, on its $270 Million Series C financing round. Lawyers Lauren Creel and Lindsy Solanki led the Cooley team advising Kriya.

The financing round was led by Patient Square Capital, with participation from other investors, and will support the advancement of Kriya’s pipeline, as well as continued scaling of its engineering, manufacturing and computational platforms.

“This financing will support our continued growth as we advance our diverse pipeline into the clinic and further scale our core platforms, to achieve our ultimate vision of expanding the reach and unlocking the full potential of gene therapy as a modality,” Dr. Shankar Ramaswamy, co-founder and CEO of Kriya, said in a press release.

Headquartered in Redwood City, California, and Research Triangle Park, North Carolina, Kriya is on a mission to revolutionize how gene therapies are designed, developed and manufactured by improving speed to market and reducing cost. The company leverages its proprietary computational engine, in-house manufacturing infrastructure and integrated design platform to engineer products with the potential to transform the treatment of a broad range of diseases.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. 

Cooley has 1,500 lawyers across 17 offices in the United States, Asia and Europe.

 

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.