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Kyverna Therapeutics Extends Series B Financing Round To $145 Million And Brings In New Investors

PUBLIC · KYTXAug 03, 2023

Round Type

Series B

EmeryvilleBiotechnologyHealth CareScience And Engineering

Investors

J Ven CapitalLYFE CapitalCAM CapitalInsight PartnersRTW InvestmentsNorthpond VenturesVida VenturesWestlake Village Bio PartnersGilead SciencesGordon Md® Global Investments LpBain Capital Life Sciences

Description

Kyverna Therapeutics ("Kyverna"), a clinical-stage cell therapy company with the mission of engineering a new class of therapies for autoimmune diseases, today announced the close of an oversubscribed $60 million Series B financing round extension, bringing the total Series B financing round to $145 million. New investors, Bain Capital Life Sciences and GordonMD® Global Investments LP, join existing investors Gilead Sciences, Westlake Village BioPartners, Vida Ventures, Northpond Ventures, RTW Investments, Insight Partners, CAM Capital, LYFE Capital, jVen Capital, and others.

Quick answer

Kyverna Therapeutics raised an undisclosed amount in a Series B round, dated August 3, 2023. Investors: J Ven Capital, LYFE Capital, CAM Capital, Insight Partners, RTW Investments, Northpond Ventures, Vida Ventures and Westlake Village Bio Partners. Kyverna Therapeutics is based in Emeryville, California, United States.

How much did Kyverna Therapeutics raise?
Kyverna Therapeutics raised an undisclosed amount in a Series B round on August 3, 2023.
Who invested in Kyverna Therapeutics?
J Ven Capital, LYFE Capital, CAM Capital, Insight Partners, RTW Investments, Northpond Ventures, Vida Ventures and Westlake Village Bio Partners are named as investors in this round.
What does Kyverna Therapeutics do?
Kyverna is a patient-centered, clinical-stage biopharmaceutical company focused on developing cell therapies for patients suffering from autoimmune diseases.
Where is Kyverna Therapeutics based and how big is it?
Kyverna Therapeutics is based in Emeryville, California, United States. Fundz records about 120 employees.
Who are the decision-makers at Kyverna Therapeutics?
Fundz holds 1 contact at Kyverna Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Biotechnology around the same time

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

  • Trait Biosciences Inc. raised $3.7M (Series A) on September 12, 2023.
  • Advanced NanoTherapies raised $4M (Seed) on August 22, 2023.
  • Viome raised $87M (Funding Round) on August 18, 2023.
  • RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
  • Septerna raised $73M on June 28, 2023.
  • Nephron Pharmaceuticals raised $350M (Funding Round) on September 15, 2023.

Who to call at Kyverna Therapeutics, and when

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

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  • The decision-makers there, with verified emails
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Company Information

Company

Kyverna Therapeutics

Location

Emeryville, California, United States

About

Kyverna is a patient-centered, clinical-stage biopharmaceutical company focused on developing cell therapies for patients suffering from autoimmune diseases. Our lead product candidate, KYV-101 is advancing through clinical development across two broad areas of autoimmune disease: rheumatology and neurology, including Phase 2 trials for stiff-person syndrome, multiple sclerosis and myasthenia gravis, a Phase 1/2 trial for systemic sclerosis, and two ongoing multi-center, open-label Phase 1/2 trials in the United States and Germany for patients with lupus nephritis.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, 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.