Fundz

Navigator Medicines, Inc. raised $100M in a Series A funding round co-led by RA Capital Management and Forbion to advance their bispecific antibody NAV-240 for autoimmune diseases.

PRIVATEAug 27, 2024

Amount Raised

$100 Million

Round Type

Series A

Scotch PlainsBiotechnologyHealth CareTherapeutics

Investors

ForbionRa Capital Management

Description

Navigator Medicines, Inc. has successfully closed a $100 million Series A financing to further develop NAV-240, a bispecific antibody targeting OX40L and TNFα. The funding will accelerate the clinical development of this innovative therapeutic and enhance their broader pipeline of immune regulation biologics.

Company Information

Company

Navigator Medicines

Location

Scotch Plains, New Jersey, United States

About

Navigator Medicines is a biotech company leading the advancement of biologics for targeted immune regulation & restoration. Founded in 2024 as a subsidiary of Sera Medicines, the Company is committed to developing new therapies for patients living with complex, heterogeneous autoimmune diseases. NAV-240, their clinical-stage bispecific antibody, targets OX40L and TNFα to address critical inflammatory diseases. The company is focused on innovation that enhances patient care.

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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

Navigator Medicines 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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