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KalVista raises £8mm through its Series A round; spins off from Vantia Therapeutics

Executive Summary

Vantia Therapeutics Ltd. has spun off KalVista Pharmaceuticals Ltd., a newly formed company co-founded with experts from Harvard Medical School that is focused on diabetic macular edema (DME). KalVista simultaneously raised £8mm ($13.2mm) through its Series A venture round to Novo AS and SV Life Sciences. (These were the two backers that supported the spin-off of Vantia from Ferring Pharmaceuticals AS about three years ago.)
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Spin-Off
    • Private Placement

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