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Novasenta Completes $40 Million Series A To Advance Novel Cancer Therapeutics

PRIVATEJul 29, 2022

Amount Raised

$40 Million

Round Type

Series A

PittsburghBiotechnology

Description

Novasenta Inc., a startup biotechnology company focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises, the innovation, venture capital and commercialization arm of leading health system UPMC. The funding will allow Novasenta to advance its pipeline of antibody-based therapeutics and expand its proprietary computational platforms for target discovery, while continuing to recruit top talent.

Quick answer

Novasenta Inc. raised $40 Million in a Series A round, dated July 29, 2022. Novasenta Inc. is based in Pittsburgh, Pennsylvania, United States.

How much did Novasenta Inc. raise?
Novasenta Inc. raised $40 Million in a Series A round on July 29, 2022.
What does Novasenta Inc. do?
Novasenta discovers novel therapeutic targets to develop innovative and effective treatments with the goal of transforming the lives of patients with cancer.
Where is Novasenta Inc. based and how big is it?
Novasenta Inc. is based in Pittsburgh, Pennsylvania, United States.
Who are the decision-makers at Novasenta Inc?
Fundz holds 1 contact at Novasenta Inc., including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Adaptive Biotechnologies Corporation raised an undisclosed amount (Grant) on September 12, 2022.
  • Phantom Neuro raised $6M (Seed) on September 12, 2022.
  • Pretzel Therapeutics raised $73M (Series A) on September 12, 2022.
  • HealthMatch raised $10M (Funding Round) on September 12, 2022.
  • EpiVax raised an undisclosed amount (Funding Round) on September 12, 2022.
  • PurpleLab raised $40M (Funding Round) on September 12, 2022.

Who to call at Novasenta Inc., and when

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Company Information

Company

Novasenta Inc.

Location

350 TECHNOLOGY DRIVE

Pittsburgh, Pennsylvania, United States

About

Novasenta discovers novel therapeutic targets to develop innovative and effective treatments with the goal of transforming the lives of patients with cancer. We use systematic, rigorous, and unbiased human tumor microenvironment analysis to uncover new druggable targets, exploiting the critical interplay of disease, immune response, and metabolism. Single-cell level analysis of high-quality, human tumor samples combined with the advanced data mining abilities of our research and computational biology teams accelerate the path from discovery to patient. Our goal is to identify novel targets to generate effective therapies for a range of cancers.

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Fundz sees it the moment Novasenta Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsPallavi T., Director hiddenSee plans and pricing
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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

Novasenta Inc. 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.