NexImmune, Inc. is a publicly traded, clinical stage biotechnology company founded in 2011 and is making strides in the development of T cell immunotherapies through its propriety Artificial Immune Modulation (AIM™) technology. The company is focused on addressing unmet medical needs in oncology, specifically targeting relapsed acute myeloid leukemia (AML) after allogenic stem cell transplantation and multiple myeloma refractory to >3 prior lines of therapy with its lead programs. NexImmune's AIM technology allows for the construction of nanoparticles that mimic the function of synthetic dendritic cells, directing a specific T cell-mediated immune response while reducing potential toxicities. This innovative approach offers attributes of cellular precision, potency, and persistence, positioning the company as a disruptive force in the oncology, autoimmune disorders, and infectious disease spaces. In February 2024, NexImmune secured a notable $3.67MPost-IPO Equity investment, signaling investor confidence in the company's technology and pipeline. The investment underscores the potential for therapeutic impact in various therapy targets and reflects the significant adaptability and flexibility of the AIM platform. As the company continues to advance its product candidates through phases of development, it presents an appealing opportunity for venture capital seeking to engage with a forward-thinking player in the biopharma and biotechnology industries. With its innovative platform and promising pipeline, NexImmune's efforts in directing T cell function to restore natural immunity position it as a compelling investment prospect in the evolving landscape of biotechnology and immunotherapy.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $3.67M | - | 02 Feb 2024 | |
Convertible Note | $50.00M | 1 | 08 Jan 2021 | |
Venture Round | $7.77M | - | 22 Feb 2019 | |
Series A | $23.00M | 3 | Barer & Son Capital | 02 Jan 2018 |
Venture Round | $3.00M | 3 | Pfizer Venture Investments | 18 Jul 2014 |
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