Artiva Biotherapeutics, Inc. announced that it will issue 10,909,091 series B Preferred shares at an issue price of $11 per share for gross proceeds of $120,000,001 in funding on February 19, 2021. The shares are convertible and non-redeemable. The shares are convertible into equity shares at an fixed conversion price of $11 per share.

The company will issue securities pursuant to exemption provided under Regulation D.