Jasper Therapeutics, Inc., a Palo Alto, Calif.-based biotechnology company focused on hematopoietic cell transplant therapies, expanded its Series A financing with an additional investment of $14.1m.
The round was led by Roche Venture Fund with participation from other investors. This brought the total company financing to more than $50m to date.
The initial Series A round was led by Abingworth LLP and Qiming Venture Partners USA, with further investment from Surveyor Capital (a Citadel company) and participation from Alexandria Venture Investments, LLC.
The company plans to use the proceeds to advance and expand the study of its lead clinical asset, JSP191.
Jasper Therapeutics is a biotechnology company focused on hematopoietic cell transplant therapies. The company’s lead compound, JSP191, is in clinical development as a conditioning antibody that clears hematopoietic stem cells from bone marrow in patients undergoing a hematopoietic cell transplant. This conditioning antibody is designed to enable safer and more effective curative hematopoietic cell transplants and gene therapies.