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FoRx Therapeutics Raises USD 50M in Series A Funding to Advance Phase 1 Clinical Development of PARG Inhibitor FORX-428.

PRIVATEDec 18, 2025

Amount Raised

$50 Million

Round Type

Series A

BaselBiotechnologyHealth CareTherapeutics

Investors

Novartis Venture FundM VenturesEQT Life SciencesPfizer Ventures

Description

FoRx Therapeutics has successfully closed a USD 50 million Series A financing round, led by existing investors including EQT Life Sciences and Pfizer Ventures. The funds will advance the Phase 1 clinical development of its lead drug candidate, FORX-428, targeting advanced solid tumors. Initial clinical data is expected to be ready by mid-2026. This financing builds on previous investments aimed at supporting the drug's progression through clinical trials.

Quick answer

FoRx Therapeutics raised $50 Million in a Series A round, dated December 18, 2025. Investors: Novartis Venture Fund, M Ventures, EQT Life Sciences and Pfizer Ventures. FoRx Therapeutics is based in Basel, Basel City, Switzerland.

How much did FoRx Therapeutics raise?
FoRx Therapeutics raised $50 Million in a Series A round on December 18, 2025.
Who invested in FoRx Therapeutics?
Novartis Venture Fund, M Ventures, EQT Life Sciences and Pfizer Ventures are named as investors in this round.
What does FoRx Therapeutics do?
FoRx Therapeutics is a recently incorporated privately-held company based in Basel, Switzerland.
Where is FoRx Therapeutics based and how big is it?
FoRx Therapeutics is based in Basel, Basel City, Switzerland. Fundz records about 36 employees.
Who are the decision-makers at FoRx Therapeutics?
Fundz holds 2 contacts at FoRx Therapeutics, including the Vice President, Head of Chemistry. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as FoRx Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • CytoDyn raised $19M on January 30, 2026.
  • PranaX raised $17M (Series A) on January 29, 2026.
  • Tenpoint Therapeutics raised $235M (Series B) on January 29, 2026.
  • Stellular Bio raised an undisclosed amount (Funding Round) on January 28, 2026.
  • Altido Bio raised $13M (Seed) on January 28, 2026.
  • CraniUS raised $20M (Series B) on January 28, 2026.

Who to call at FoRx Therapeutics, and when

A new round usually means FoRx Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day FoRx Therapeutics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at FoRx Therapeutics, from your own LinkedIn network

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Company Information

Company

FoRx Therapeutics

Location

Basel, Basel City, Switzerland

About

FoRx Therapeutics is a recently incorporated privately-held company based in Basel, Switzerland. It is backed by a syndicate of investors that include the Novartis Venture Fund, Pfizer Ventures, M Ventures, Omega Funds and LSP Venture Capital. FoRx Therapeutics focuses on drugging key molecular targets involved in the DNA Replication Stress, as a new approach in the development of targeted anticancer drugs.

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Related People

2 contacts
Verified contactsUlrich L., Vice President, Head of Chemistry hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

FoRx Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.