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Navidea Biopharmaceuticals Announces $4.2 Million Sale of Ohio Court Judgment and $3.4 Million Equity Raise Representing $7.6 Million in Additional Funding

PRIVATEFeb 14, 2020

Amount Raised

$4 Million

Round Type

Seed

DublinBiotechnologyHealth Care

Description

Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) (“Navidea” or the “Company”), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced that they have executed agreements with two existing investors, including John K. Scott, Jr. (collectively, the “Investors”), to purchase approximately 4.0 million shares of the Company’s common stock, par value $0.001 per share, for aggregate gross proceeds to Navidea of approximately $3.4 million

Quick answer

Navidea Biopharmaceuticals raised $4 Million in a Seed round, dated February 14, 2020. Navidea Biopharmaceuticals is based in Dublin, California, United States.

How much did Navidea Biopharmaceuticals raise?
Navidea Biopharmaceuticals raised $4 Million in a Seed round on February 14, 2020.
What does Navidea Biopharmaceuticals do?
Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) is a biopharmaceutical company focused on the development of precision immunodiagnostic agents and immunotherapeutics.
Where is Navidea Biopharmaceuticals based and how big is it?
Navidea Biopharmaceuticals is based in Dublin, California, United States.
Who are the decision-makers at Navidea Biopharmaceuticals?
Fundz holds 1 contact at Navidea Biopharmaceuticals, including the Senior Vice President. 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 Navidea Biopharmaceuticals that raised within 45 days of this round, from Fundz verified event records.

  • CytoDyn raised $882K (Seed) on March 30, 2020.
  • Medicenna raised $6.7M on March 30, 2020.
  • Monteris Medical raised $2.5M (Seed) on March 30, 2020.
  • AseptiScope, Inc. raised $230K (Seed) on March 27, 2020.
  • Olema Pharmaceuticals, Inc. raised $30M on March 27, 2020.
  • Affinia Therapeutics raised $39M on March 27, 2020.

Who to call at Navidea Biopharmaceuticals, and when

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Company Information

Company

Navidea Biopharmaceuticals

Location

Dublin, California, United States

About

Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) is a biopharmaceutical company focused on the development of precision immunodiagnostic agents and immunotherapeutics. Navidea is developing multiple precision-targeted products based on its Manocept platform to enhance patient care by identifying the sites and pathways of disease and enable better diagnostic accuracy, clinical decision-making, and targeted treatment. Navidea’s Manocept platform is predicated on the ability to specifically target the CD206 mannose receptor expressed on activated macrophages. The Manocept platform serves as the molecular backbone of Tc99m tilmanocept, the first product developed and commercialized by Navidea based on the platform. Navidea’s strategy is to deliver superior growth and shareholder return by bringing to market novel products and advancing the Company’s pipeline through global partnering and commercialization efforts. For more information, visit www.navidea.com.

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Related People

1 contact
Verified contactsBrent L., Senior Vice PresidentSee plans and pricing
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Navidea Biopharmaceuticals 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.