Tech Company Financing Transactions
Mediar Therapeutics Funding Round
Mediar Therapeutics, operating out of North Cambridge, received $76 million from Amplitude Ventures, ICG Ventures and Alexandria Venture Investments.
Transaction Overview
Company Name
Announced On
1/7/2026
Transaction Type
Venture Equity
Amount
$76,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to further advance its wholly owned assets, including MTX-474, an antagonist of EphrinB2, being studied in a Phase 2a study in patients with systemic sclerosis (SSc), and MTX-439, a SMOC2 antagonist, proceeding to Phase 1 studies for the treatment of chronic kidney disease (CKD) associated fibrosis.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
700 Main St.
North Cambridge, MA 02139
USA
North Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Mediar is a discovery stage biotechnology company developing treatments to halt, or even reverse, fibrosis. Our platform and pipeline are based on an emerging class of novel targets -- fibrotic mediators -- that play key roles in modulating myofibroblasts.
Management Team
Title
Name
Email & Social
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