Concerto Biosciences Raises $23 Million in Series A to Advance Product Development, Expand Pipeline

Concerto Biosciences, a biotechnology company designing microbial communities that restore deficient microbiomes to treat disease, announced today that it raised $23 million in a Series A funding round led by Safar Partners and joined by Horizons Ventures and M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), among others. Representatives from Safar Partners and M Ventures will join the company’s board of directors.