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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

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