California Biotech Insights
October 28, 2025
Recent Funding: Polaris Partners Targets $500M New Fund to Fuel Biotech Investing Longstanding life sciences investor Polaris is raising a new fund bigger than its last, signaling renewed confidence in biotech markets. Polaris has backed 400+ companies and helped bring over 50 therapies to market. Electra Therapeutics (SF) Raises $183M to Advance Rare Immune Disorder […]
October 23, 2025
October 21, 2025
Recent Funding: Alto Neuroscience (SF) Raises $50 Million to Advance Precision Psychiatry Program Alto secured $50M in private financing led by Perceptive Advisors, with participation from Vivo Capital, Commodore Capital, and others. Funds will accelerate ALTO-207, a combo therapy for treatment-resistant depression, with a Phase 2b trial planned for mid-2026 and a Phase 3 expected […]
October 16, 2025
October 14, 2025
Recent Funding: TORL BioTherapeutics (LA) Raises $96M Series C to Advance ADC for Ovarian Cancer TORL secured $96M to fund registrational trials for TORL-1-23, a Claudin 6-targeting antibody-drug conjugate in Phase 2 for platinum-resistant ovarian cancer. Led by ex-Celgene CEO Mark Alles, the biotech has now raised over $450M to advance its ADC pipeline derived […]
October 9, 2025