💰The Funding Letter #1416: May 14

Haventus, ByHeart, Aplazo, and more...

May 14, 2024

In partnership with


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Agentio below!

Hit the Gong 🎉

Source: @overheard_sales

Investor-ready Startup Financials

Last year, we helped companies raise $300M in venture capital. Next week, we are running a 1-week LIVE workshop that covers:

  • Financial modeling basics

  • How to forecast startup growth

  • Budgeting rounds of funding

Daily Deals 💸

🌎 Americas

🧬 Lycia Therapeutics has developed a novel therapeutic that degrades extracellular and membrane-bound proteins driving a range of difficult-to-treat diseases, such as cancers and autoimmune conditions. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $106.6M, Series C

Round Investors: Venrock Healthcare Capital Partners (lead), Redmile Group, Alexandria Venture Investments, Invus

🚀Growth Focus: Advance its lead programs into the clinic for autoimmune and inflammatory diseases.

HQ: San Francisco, CA

Industry: Biotechnology Research

Employee Count: 41

🧬 Ajax Therapeutics is a biotechnology company focused on developing targeted therapies for hematologic cancers, allowing patients with hematologic malignancies to address significant unmet needs. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $95M, Series C

Round Investors: Goldman Sachs Asset Management (lead), EcoR1 Capital, Vivo Capital, RA Capital Management

🚀Growth Focus: Support the clinical development of its first-in-class Type II JAK2 inhibitor, AJ1‑11095, for the treatment of myelofibrosis, advancing its pipeline of treatments for MPNs.

HQ: Cambridge, MA

Industry: Biotechnology Research

Employee Count: 6

Subscribe to TFL All-Access Tier to read the rest.

Become a paying subscriber of TFL All-Access Tier to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Exclusive Access to The Funding Letter, delivering hundreds of leads to your inbox each month
  • • Searchable weekly, monthly, and annual datasets of funding announcement leads, so you can quickly find the most relevant data
  • • The hottest Sales Gigs in the industry, sourced from the fastest growing startups
  • • ..and much more to come!