Tech Company Financing Transactions

NextPoint Therapeutics Funding Round

NextPoint Therapeutics, operating out of Cambridge, secured $80 million from Leaps by Bayer, Sanofi Ventures and Binney Street Capital.

Transaction Overview

Announced On
1/10/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series B
Investors

Leaps by Bayer (Lead Investor) (Rakhshita Dhar)

Sanofi Ventures (Lead Investor) (Paulina Hill)

Binney Street Capital

private investors (Gordon Freeman)

MPM Capital

Proceeds Purpose
The financing will be used to advance NextPoint's two lead precision immuno-oncology programs into the clinic, both targeting the newly discovered HHLA2 pathway to activate anti-tumor immune responses.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
LabCentral, 238 Main Street, 5th Floor
Cambridge, MA 02142
USA
Phone
Undisclosed
Email Address
Overview
NextPoint is advancing the field of immuno-oncology through its leading scientific work on the novel HHLA2 pathway. Our innovative approach integrates foundational science with a defined clinical biomarker to deliver a new class of monotherapies for patients who will not benefit from PD-1/L1 inhibitors. Our team of proven drug developers is working closely with our renowned scientific founders to launch a new world of precision immuno-oncology.
Profile
NextPoint Therapeutics LinkedIn Company Profile
Social Media
NextPoint Therapeutics Company Twitter Account
Company News
NextPoint Therapeutics News
Facebook
NextPoint Therapeutics on Facebook
YouTube
NextPoint Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Detlev Biniszkiewicz
  Detlev Biniszkiewicz LinkedIn Profile  Detlev Biniszkiewicz Twitter Account  Detlev Biniszkiewicz News  Detlev Biniszkiewicz on Facebook
Chief Medical Officer
Briggs Morrison
  Briggs  Morrison LinkedIn Profile  Briggs  Morrison Twitter Account  Briggs  Morrison News  Briggs  Morrison on Facebook
Chief Scientific Officer
Scott Chappel
  Scott Chappel LinkedIn Profile  Scott Chappel Twitter Account  Scott Chappel News  Scott Chappel on Facebook


 

 

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