Ropes & Gray Represents Sanofi in Investment in MapLight Therapeutics’ $372.5 Million Series D Financing

In The News
July 31, 2025

Ropes & Gray represented Sanofi in connection with MapLight Therapeutics’ oversubscribed $372.5 million Series D financing. MapLight is a biotechnology company that leverages its multi-pronged Optogenetics, Transcriptomics, and STARmap drug discovery platforms to develop therapeutics for multiple CNS indications. Other investors participating in the financing included Forbion, Life Sciences at Goldman Sachs Alternatives, accounts advised by T. Rowe Price Investment Management, Inc., Avego BioScience Capital, and funds managed by Novo Holdings, 5AM Ventures, Blue Owl Healthcare Opportunities, and others.

The Ropes & Gray team included venture capital and emerging companies associates Daniel Freshman and Derek Mubiru, partner Rajarshi Banerjee, and litigation & enforcement partner Brendan Hanifin.