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Naurex grosses $38mm in Series B round led by Baxter Ventures; adds $25mm

Executive Summary

First-time investor Baxter Ventures has led a $38mm Series B financing for Naurex Inc. (developing CNS compounds that safely modulate the NMDA receptor). Another new backer Savitr Capital participated along with returning shareholders Adams Street Partners, Latterell Venture Partners, Genesys Capital, PathoCapital, Druid BioVentures, Northwestern University, H. Lundbeck AS, Takeda Ventures, Shire PLC, and private investors.

Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
    • Large Molecule
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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