Loyal Announces $45 Million Series B Financing to Continue Development of First FDA-Approved Dog Lifespan Extension Drug for Veterinary Use [Yahoo! Finance]
Western Alliance Bancorporation (DE) (WAL)
Last western alliance bancorporation (de) earnings: 4/16 04:26 pm
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Source: Yahoo! Finance
SAN FRANCISCO, March 21, 2024 BUSINESS WIRE Loyal , a biotech company pioneering longevity drugs for dogs, today announced that it has successfully completed its Series B funding round, securing $45 million in investment. The round was led by Bain Capital Ventures. This brings total funding raised by Loyal to more than $125 million since its founding in 2019 and includes a $12 million credit facility from Bridge Bank, part of Western Alliance Bank. Most major existing investors from Loyal's previous financings – including Khosla Ventures, First Round Capital, Box Group, Collaborative Fund, Quiet Capital, and Todd & Rahul's Angel Fund – participated in this round. Bain Capital Ventures and Valor Equity Partners are new investors. "This fundraise fuels our efforts to bring to market what we hope will be the first FDA-approved drug to extend healthy lifespan," said Celine Halioua, Founder and CEO of Loyal. "All of our work is centered on giving dogs longer, healthier lives. I'm prou
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News
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- Heather Kelly Appointed as Head of Western Alliance Bank’s Business Escrow Services GroupBusiness Wire
- Western Alliance Bancorporation (NYSE: WAL) had its price target lowered by analysts at Barclays PLC from $91.00 to $86.00. They now have an "overweight" rating on the stock.MarketBeat
WAL
Earnings
- 4/18/24 - Beat
WAL
Sec Filings
- 4/26/24 - Form 3
- 4/26/24 - Form 3
- 4/26/24 - Form 3
- WAL's page on the SEC website