Tech Company Financing Transactions
NextCure Funding Round
NextCure, operating out of New Haven, secured $21.5 million in funding from Affinity Asset Advisors, Ikarian Capital and Squadron Capital.
Transaction Overview
Company Name
Announced On
11/17/2025
Transaction Type
Venture Equity
Amount
$21,500,000
Round
Undisclosed
Investors
Affinity Asset Advisors (Lead Investor)
Ikarian Capital (Lead Investor)
Squadron Capital (Lead Investor)
Proceeds Purpose
NextCure intends to use the net proceeds from the offering for general working capital needs, extending the company's cash runway into the first half of 2027, which is beyond the planned first half of 2026, proof of concept data readouts of its two antibody drug conjugate (ADC) programs, SIM0505 (CDH6 ADC) and LNCB74 (B7-H4 ADC).
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
9000 Virginia Manor Rd. 200
New Haven, CT 20705
USA
New Haven, CT 20705
USA
Phone
Website
Email Address
Overview
NextCure (Nasdaq: NXTC), launched in 2015, is a biopharmaceutical company focused on discovering and developing next generation immuno-oncology-based drugs. The Company is applying its proprietary platforms and know-how to identify novel and biologically relevant targets and develop first-in-class immunotherapy products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Richman
Chief Financial Officer
Steven Cobourn
Vice President
Linda Liu
VP - Bus. Development
James Bingham
VP - Bus. Development
Sebastien Maloveste
VP - Bus. Development
Timothy Mayer
VP - Regulatory Affairs
Sol Langermann
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Where The Data Comes From
We do our best to record tech company VC transactions. VC transactions reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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