Myricx Bio raised $114 million in a series A funding led by Novo Holdings and Abingworth to develop ADCs with a novel payload.
Amount Raised
$114 Million
Round Type
Series A
LondonBiotechnologyHealth CareInvestors
Description
Myricx Bio, a UK start-up initially focused on small-molecule inhibitors, has secured a substantial cash runway with a record-breaking series A funding of £90 million ($114 million). The funding was led by life sciences investors Novo Holdings and Abingworth, showcasing confidence in Myricx Bio's approach and potential amidst the funding landscape for biotechs in the UK and Europe.
Quick answer
Myricx Bio raised $114 Million in a Series A round, dated July 7, 2024. Investors: Abingworth and Novo Holdings. Myricx Bio is based in London, England, United Kingdom.
- How much did Myricx Bio raise?
- Myricx Bio raised $114 Million in a Series A round on July 7, 2024.
- Who invested in Myricx Bio?
- Abingworth and Novo Holdings are named as investors in this round.
- What does Myricx Bio do?
- www.myricxbio.com Myricx Bio (“Myricx”) is a UK biotech company focused on the discovery and development of a completely novel class of payloads for antibody-drug conjugates (ADCs), based on inhibitors of..
- Where is Myricx Bio based and how big is it?
- Myricx Bio is based in London, England, United Kingdom. Fundz records about 36 employees.
- Who are the decision-makers at Myricx Bio?
- Fundz holds 1 contact at Myricx Bio. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Myricx Bio that raised within 45 days of this round, from Fundz verified event records.
- Pathalys Pharma raised $105M (Series B) on August 21, 2024.
- Superluminal Medicines raised $20M on August 21, 2024.
- Piramidal raised $6M (Seed) on August 21, 2024.
- Retension Pharmaceuticals raised $10M (Series A) on August 21, 2024.
- David Protein raised $10M (Seed) on August 20, 2024.
- Viome raised $25M on August 19, 2024.
Who to call at Myricx Bio, and when
A new round usually means Myricx Bio is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Myricx Bio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Myricx Bio, from your own LinkedIn network
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Funding Insights
What this usually meansMyricx Bio 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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