Art Krieg comes down from the mountain with a $27M round for Checkmate Pharmaceuticals
Art Krieg’s ski trip to Deer Valley in Utah last February was good for a lot more than mastering the moguls.
Ben Auspitz from F-Prime joined the trip organized by Krieg’s original backers at Sofinnova Ventures, and their conversations on and around the slopes led Auspitz and F-Prime to take the lead on a $27 million B round for Checkmate Pharmaceuticals, announced Thursday evening.
“We weren’t in any kind of a hurry to raise more money,” Krieg tells me. So it was a relaxed time to start going over Checkmate’s Phase Ib study, now underway and looking at its drug’s ability to help melanoma patients who had failed Keytruda.
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