Pharma

Irish biopharma firm Carrick raises $19.5m from backers

The company was founded by Elaine Sullivan, who recently made Forbes’ prestigious ‘50 Over 50’ list of women entrepreneurs in EMEA

Elaine Sullivan, Carrick Therapeutics founder: $19.5 million funding boost

Carrick Therapeutics, a biopharma company founded by Elaine Sullivan, has raised $19.5 million (€18 million) in a Series C funding round.

The financing was led by long-term investors, including Arch Venture Fund, Rosetta Capital, GV, Evotec and Lightspeed Ventures.

Carrick raised $7 million from the issue of convertible term notes late last year, and said at that point it expected to close the Series C round before the end of 2021. The company was founded ...