On August 17, 2023, Abcuro, Inc. closed the transaction. The company has received $155,000,000 in the transaction. The oversubscribed round of funding co-led by new investors, Bain Capital Life Sciences Investors, LLC, and Redmile Group, LLC.

The transaction included participation from returning investors, Sanofi Ventures, Samsara BioCapital LLC, Mass General Brigham Ventures, LLC, RA Capital Management, L.P., Pontifax Venture Capital, and new investors, Soleus Capital Management, L.P., New Leaf Venture Partners, LLC, Eurofarma Laboratórios S.A., Tekla Capital Management LLC, and BlackRock, Inc. The company has received $120,141,750 from 21 investors pursuant to exemption provided under Regulation D. The round is raised at a post-money valuation of $271,448,274.