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Northwest Biotherapeutics raised $5M through a convertible note financing led by Yorkville Advisors for general corporate purposes.

PUBLIC · NWBODec 31, 2024

Amount Raised

$5 Million

Round Type

Convertible Note

BethesdaBiotechnologyHealthcareresearch

Investors

Ya II Pn, Ltd.Yorkville Advisors Global, LP

Description

Northwest Biotherapeutics announced a $5 million convertible Promissory Note financing with Yorkville Advisors. The company plans to use the proceeds for general corporate purposes, including its lead product and in-licensed portfolios.

Quick answer

Northwest Biotherapeutics raised $5 Million in a Convertible Note round, dated December 31, 2024. Investors: Ya II Pn, Ltd. and Yorkville Advisors Global, LP. Northwest Biotherapeutics is based in Bethesda, Maryland, United States.

How much did Northwest Biotherapeutics raise?
Northwest Biotherapeutics raised $5 Million in a Convertible Note round on December 31, 2024.
Who invested in Northwest Biotherapeutics?
Ya II Pn, Ltd. and Yorkville Advisors Global, LP are named as investors in this round.
What does Northwest Biotherapeutics do?
Northwest Biotherapeutics is a biotechnology company focused on developing personalized immunotherapy products designed to treat cancers more effectively than current treatments, without toxicities of the kind..
Where is Northwest Biotherapeutics based and how big is it?
Northwest Biotherapeutics is based in Bethesda, Maryland, United States. Fundz records about 25 employees.
Who are the decision-makers at Northwest Biotherapeutics?
Fundz holds 5 contacts at Northwest Biotherapeutics, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and research around the same time

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

  • Hummingbird Healthcare raised $19M on February 14, 2025.
  • IBI Ag raised $6.1M (Series A) on February 13, 2025.
  • Microbot Medical raised $13M on February 11, 2025.
  • Pneuma Respiratory raised $3.3M (Seed) on February 10, 2025.
  • ChromaCode raised $3.8M (Seed) on January 30, 2025.
  • Axial Therapeutics raised $19M on January 28, 2025.

Who to call at Northwest Biotherapeutics, and when

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

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Company Information

Company

Northwest Biotherapeutics

Location

4800 MONTGOMERY LANE,

Bethesda, Maryland, United States

About

Northwest Biotherapeutics is a biotechnology company focused on developing personalized immunotherapy products designed to treat cancers more effectively than current treatments, without toxicities of the kind associated with chemotherapies, and on a cost-effective basis, in both North America and Europe. The Company has a broad platform technology for DCVax® dendritic cell-based vaccines. The Company's lead program is a 331-patient Phase III trial of DCVax®-L for newly diagnosed Glioblastoma multiforme (GBM). GBM is the most aggressive and lethal form of brain cancer, and is an "orphan disease." This Phase III trial reached data lock and the Company is actively continuing to move toward announcement of top line data. The Company has also developed DCVax®-Direct for inoperable solid tumor cancers. It has completed a 40-patient Phase I trial and, as resources permit, plans to pursue Phase II trials. The Company previously conducted a Phase I/II trial with DCVax-L for advanced ovarian cancer together with the University of Pennsylvania.

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Related People

5 contacts
Verified contactsLinda P., Chief Executive Officer hidden hidden hiddenSee plans and pricing
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Northwest Biotherapeutics 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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