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Vectory Raises €129 Million ($138 Million) Series A Financing To Advance Vectorized Antibody Programs In Neurodegenerative Diseases

PRIVATENov 13, 2023

Amount Raised

€129 Million

Round Type

Series A

BiotechnologyHealth CareTherapeutics

Investors

Bio Generation VenturesForbion VenturesALS Investment FundInsight PartnersNj UsaRahwayMRL Ventures FundForbion Growth Opportunities FundEQT Life Sciences

Description

VectorY Therapeutics, a biotech company developing innovative vectorized antibody therapies for the treatment of neurodegenerative diseases, today announced the close of a €129 million ($138 million) Series A financing to advance its vectorized antibody programs in neurodegenerative diseases. The round was co-led by EQT Life Sciences and the Forbion Growth Opportunities Fund.

Quick answer

VectorY raised €129 Million in a Series A round, dated November 13, 2023. Investors: Bio Generation Ventures, Forbion Ventures, ALS Investment Fund, Insight Partners, Nj Usa, Rahway, MRL Ventures Fund and Forbion Growth Opportunities Fund.

How much did VectorY raise?
VectorY raised €129 Million in a Series A round on November 13, 2023.
Who invested in VectorY?
Bio Generation Ventures, Forbion Ventures, ALS Investment Fund, Insight Partners, Nj Usa, Rahway, MRL Ventures Fund and Forbion Growth Opportunities Fund are named as investors in this round.
What does VectorY do?
VectorY is a fully integrated gene therapy company focused on the development of innovative therapeutics such as vectorized antibodies for both CNS and somatic disorders, with a special focus on muscle diseases.
Where is VectorY based and how big is it?
Fundz records about 82 employees.
Who are the decision-makers at VectorY?
Fundz holds 1 contact at VectorY. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

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

  • Alpha Cognition raised $1.8M (Seed) on December 22, 2023.
  • Cadenza Bio raised an undisclosed amount (Funding Round) on December 20, 2023.
  • Sudo Biosciences raised $116M (Series B) on December 20, 2023.
  • Sudo Biosciences raised $53M on December 15, 2023.
  • Cadenza Bio raised $2.4M (Seed) on December 14, 2023.
  • Bicara Therapeutics raised $165M (Series C) on December 12, 2023.

Who to call at VectorY, and when

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Company Information

Company

VectorY

About

VectorY is a fully integrated gene therapy company focused on the development of innovative therapeutics such as vectorized antibodies for both CNS and somatic disorders, with a special focus on muscle diseases. With R&D and manufacturing facilities in Amsterdam, VectorY develops proprietary & partnered programs based on its novel AAV-based vectorized antibody & gene therapy platform. Product candidates are based on new vector technologies, which will enable the next generation of highly scalable manufacturing processes within VectorY’s own manufacturing facilities. Our manufacturing capabilities will include a state-of-the-art multi-product GMP facility in the Netherlands, with the capability to deliver suspension based AAV viral vector manufacturing of up to 2000L for both clinical and commercial supply.

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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

VectorY 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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