Tech Company Financing Transactions
Mysthera Therapeutics Funding Round
Mysthera Therapeutics closed a $3.5 million Seed funding round on 8/21/2023. Backers included Forty51 Ventures.
Transaction Overview
Company Name
Announced On
8/21/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Forty51 Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance its portfolio of pre-clinical stage, pan-PIM kinase inhibitors to modulate multi-lineage immune cell functions.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
St. Jakobsstrasse 17
Basel, 4052
CH
Basel, 4052
CH
Phone
Undisclosed
Website
Email Address
Overview
Mysthera was founded by Forty51 Ventures in Europe's pharma/biotech hub, Basel, in Switzerland in early 2023. The company is a preclinical stage biotech start-up focused on developing first-in-class, oral therapeutics to treat major unmet needs in autoimmune diseases. Our unique approach has potential to transform patient lives in a number of disease settings including glomerulonephritis, rheumatoid arthritis and inflammatory bowel disease.
Management Team
Title
Name
Email & Social
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