AdvanCell Raises $315M in Series D Funding

Scaling a radiopharmaceutical requires dependable isotope supply as well as clinical results. The company combines those capabilities and will advance its prostate cancer candidate toward Phase 3 while expanding U.S. production.

Round size
$315M
Stage
Series D
Headquarters
United States
Announced
Jul 15, 2026

Advancing the lead therapy

ADVC001 targets PSMA in metastatic prostate cancer and is in Phase 2 development. The investigational treatment uses Lead-212 to deliver radiation to tumor cells; the new financing supports its next clinical stage.

Building supply alongside the pipeline

The company is strengthening isotope supply and U.S. manufacturing to support later-stage studies and future commercial demand. Operations span North America and Australia, with global headquarters established near Boston.

Where the funding goes

  • ADVC001 development toward Phase 3
  • Isotope supply and U.S. manufacturing
  • Additional targeted alpha therapies

Sources

  1. AdvanCell: funding announcement
  2. AdvanCell: global headquarters announcement
  3. Brandon Capital: investor confirmation
  4. FinSMEs: funding report
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