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October 2020

Financing co-led by seasoned healthcare investors, CAM Capital and Polaris Partners   SAN DIEGO--(BUSINESS WIRE)-- Primmune Therapeutics today announced the initial closing of a $27.4 million Series A financing to advance the development of novel orally-administered, small molecule toll-like receptor 7 (TLR7) agonists as therapeutic-adjuvants for acute viral diseases and cancer. The financing was co-led by CAM Capital and Polaris Partners and included new investors Samsara BioCapital and Oberland Capital as well as existing investors McDermott, BioRock Ventures and BioBrit. The Series A financing included the conversion of $7.4 million in convertible seed capital securities. Concurrent with the closing, Amir Nashat, Managing Partner at Polaris Partners and Andrew Rubinstein, Managing Partner at Oberland Capital will join the board of directors. “This financing will enable