{"id":2430,"date":"2023-03-24T21:36:49","date_gmt":"2023-03-24T21:36:49","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=2430"},"modified":"2023-03-24T21:36:49","modified_gmt":"2023-03-24T21:36:49","slug":"with-an-oversubscribed-series-b-financing-round-that-raised-123-million-flare-has-the-backing-of-several-prominent-investors","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/with-an-oversubscribed-series-b-financing-round-that-raised-123-million-flare-has-the-backing-of-several-prominent-investors\/","title":{"rendered":"With an oversubscribed Series B financing round that raised $123 million, Flare has the backing of several prominent investors,"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"279\" height=\"136\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/logo-102.jpg\" alt=\"logo of Flare Therapeutics\" class=\"wp-image-2431\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.flaretx.com\/\">Flare Therapeutics<\/a> is a biotechnology research startup that is revolutionizing the approach to transcription factor biology for developing small molecule medicines. With a focus on precision oncology, Flare&#8217;s drug discovery to target &#8216;switch sites&#8217; that hold the control for predictable and profound changes in DNA transcription has resulted in a rapidly advancing pipeline of drug programs. Their small molecules are designed to regain transcriptional control that is hijacked by cancer.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"601\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/team-54-1024x601.jpg\" alt=\"team at Flare Therapeutics\" class=\"wp-image-2432\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/team-54-1024x601.jpg 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/team-54-300x176.jpg 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/team-54-768x451.jpg 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/team-54.jpg 1220w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>With an oversubscribed Series B financing round that raised $123 million, Flare has the backing of several prominent investors, including <a href=\"https:\/\/www.pfizer.com\/\">Pfizer<\/a>, <a href=\"https:\/\/casdincapital.com\/\">Casdin Capital<\/a>, <a href=\"https:\/\/www.shangbaycapital.com\/\">ShangBay Capital<\/a>, <a href=\"https:\/\/www.nextechinvest.com\/\">Nextech Invest<\/a>, <a href=\"https:\/\/www.novartis.com\/\">Novartis<\/a>, <a href=\"https:\/\/www.thirdrockventures.com\/\">Third Rock Ventures<\/a>, <a href=\"https:\/\/www.agentcapital.com\/\">Agent Capital<\/a>, <a href=\"https:\/\/www.eventideinvestments.com\/\">Eventide Asset Management<\/a>, <a href=\"https:\/\/www.boxercap.com\/\">Boxer Capital<\/a>, and <a href=\"https:\/\/www.gordonmdglobalinvestment.com\/\">GordonMD\u00ae Global Investments LP<\/a>. Led by founder <a href=\"https:\/\/www.linkedin.com\/in\/amit-rakhit\/\">Amit Rakhit<\/a>, the Flare team is a passionate and brilliant group of individuals who are determined to make a significant impact in the field of biotech research. Their first-in-class PPARG inhibitor, FX-909, is set to enter clinical trials in 2023, furthering their mission to light up the therapeutic space and develop novel transcription factor targets for oncology. Join Flare&#8217;s team of talented minds and be part of the future of biotech research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flare Therapeutics is a biotechnology research startup that is revolutionizing the approach to transcription factor biology for developing small molecule medicines. With a focus on precision oncology, Flare&#8217;s drug discovery to target &#8216;switch sites&#8217; that hold the control for predictable and profound changes in DNA transcription has resulted in a rapidly advancing pipeline of drug [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>With an oversubscribed Series B financing round that raised $123 million, Flare has the backing of several prominent investors, - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"Flare Therapeutics is a biotechnology research startup that is revolutionizing the approach to transcription factor biology for developing small molecule\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/with-an-oversubscribed-series-b-financing-round-that-raised-123-million-flare-has-the-backing-of-several-prominent-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With an oversubscribed Series B financing round that raised $123 million, Flare has the backing of several prominent investors, - 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