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Funding round

RefleXion Series B

RefleXion, which works in biotargeted radiotherapy technology development in Hayward, raised $37M in a Series B round announced on 19 Jul 2016. 5 firms took part. It is RefleXion's second venture round on record; the one before was a Series A in Apr 2014.

$37M

Amount raised

Not disclosed

Post-money valuation

5

Investors

no lead named

Valuation

What this round says about the price

RefleXion did not disclose a valuation in this round. It came 27 months after RefleXion's Series A. It is 11% of the $334M RefleXion has raised in the venture rounds on record. RefleXion raised again 21 months later: a Series C round of $100M in Apr 2018.

RefleXion's funding rounds

RefleXion has 5 venture rounds on record and 1 other deal. This one is highlighted.

  1. Series A 3 Apr 2014, led by Sofinnova Partners $12M
  2. Series B this round 19 Jul 2016 $37M
  3. Series C 4 Apr 2018, led by TPG $100M
  4. Series D 10 Mar 2022, led by Ally Bridge Group $80M
  5. Debt not a venture round 6 Jul 2022, led by Oxford Finance $125M
  6. Growth 15 Nov 2023, led by TPG $105M

Investors

Who put money in

5 firms took part; no lead investor was named.

Investors

  • backs 6 venture-backed companies
  • backs 9 venture-backed companies
  • Pfizer
  • backs 102 venture-backed companies
  • Venrock backs 93 venture-backed companies

Comparable rounds

How it compares

26 Series B rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $10M, and this round was 3.5 times the median. The closest in time, other companies' Series B rounds in Medical Supply Manufacturers:

Series B rounds in Medical Supply Manufacturers, Jul 2015 to Jul 2017: 26 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Medical Supply Manufacturers13 Jun 2016$25Mnot disclosednot named
Medical Supply Manufacturers30 Jun 2016$10Mnot disclosedWildcat Capital Management
Medical Supply Manufacturers23 May 2016$8.0Mnot disclosedBenslie International Ltd.
Medical Supply Manufacturers1 May 2016$3.0Mnot disclosednot named
Medical Supply Manufacturers12 Apr 2016$11Mnot disclosednot named
Medical Supply Manufacturers12 Apr 2016$7.5Mnot disclosedLightstone Ventures and New Enterprise Associates
Medical Supply Manufacturers4 Nov 2016$17Mnot disclosedNovo Holdings and Ysios Capital
Medical Supply Manufacturers28 Nov 2016$5.0Mnot disclosedB. Braun Melsungen

Sources

Where this comes from

Reported by 1 source.

Questions

Frequently asked

How much did RefleXion raise in its Series B round?

RefleXion raised $37M in its Series B round, announced in Jul 2016.

Which investors took part in RefleXion's Series B round?

J&J Impact Ventures, KCK Financial Services, Pfizer, Sofinnova Partners and Venrock.

What was RefleXion's valuation at the Series B round?

It was not disclosed.

How does it compare with other Series B rounds in Medical Supply Manufacturers?

26 Series B rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $10M, and this round was 3.5 times the median.

Did RefleXion raise again after this round?

Yes: a Series C round in Apr 2018 of $100M.