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Venture Capital News: Totus Medicines Bags $66M Series B Funding

2023-12-15
EMERYVILLE, CA, Totus Medicines, a company revolutionizing small molecule drug discovery and development, announced it has closed a $66M Series B financing led by DCVC Bio.
Totus Medicines, a company revolutionizing small molecule drug discovery and development using covalent libraries and AI tools, announced that Nassim Usman, Ph.D., has been named President & Chief Executive Officer and closed a $66M Series B financing led by DCVC Bio.

The company closed the final tranche of a Series B financing totaling $66 million, led by DCVC Bio and including the participation of North Pond Ventures, Camford Capital, and the Regents of the University of Minnesota.
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