Tech Company Financing Transactions
Cybrexa Therapeutics Funding Round
Cybrexa Therapeutics, based in New Haven, secured $25 million from Elm Street Ventures and HighCape Partners.
Transaction Overview
Company Name
Announced On
3/11/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds from the financing will be used to support the planned advancement of Cybrexa's lead candidate CBX-12 (alphalex-exatecan) into the clinic.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
395 Winchester Ave. 5 Science Park
New Haven, CT 06511
USA
New Haven, CT 06511
USA
Phone
Website
Email Address
Not Recorded
Overview
Cybrexa is a privately funded biotechnology company dedicated to developing an entirely new class of small molecule DNA repair inhibitors (TSDs) that directly target the tumor microenvironment. This approach leverages a novel tumor-localizing peptide technology developed by an internationally recognized research laboratory at Yale.
Management Team
Title
Name
Email & Social
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We report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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