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Strand Therapeutics has raised $153 million in a Series B funding round led by Kinnevik to advance its programmable mRNA therapeutic pipeline.

PRIVATEAug 07, 2025

Amount Raised

$153 Million

Round Type

Series B

CambridgeBiotechnology

Investors

Gradiant CorporationLG Technology VenturesJic VgiPotentumAnriEli Lilly And CompanyPlayground GlobalFPV VenturesRegeneron VenturesIconiqAmgen VenturesAlderline GroupKinnevik

Description

Strand Therapeutics announced $153M Series B funding led by Kinnevik, with participation from new investors and existing backers. The funding will propel the expansion of their mRNA pipeline, including the STX-001 therapy. Recent Phase 1 data for STX-001 showed promising initial results. Strand has now raised over $250M total.

Quick answer

STRAND THERAPEUTICS INC raised $153 Million in a Series B round, dated August 7, 2025. Investors: Gradiant Corporation, LG Technology Ventures, Jic Vgi, Potentum, Anri, Eli Lilly And Company, Playground Global and FPV Ventures. STRAND THERAPEUTICS INC is based in Cambridge, Maryland, United States.

How much did STRAND THERAPEUTICS INC raise?
STRAND THERAPEUTICS INC raised $153 Million in a Series B round on August 7, 2025.
Who invested in STRAND THERAPEUTICS INC?
Gradiant Corporation, LG Technology Ventures, Jic Vgi, Potentum, Anri, Eli Lilly And Company, Playground Global and FPV Ventures are named as investors in this round.
What does STRAND THERAPEUTICS INC do?
Strand Therapeutics is a biotechnology company.
Where is STRAND THERAPEUTICS INC based and how big is it?
STRAND THERAPEUTICS INC is based in Cambridge, Maryland, United States. Fundz records about 89 employees.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as STRAND THERAPEUTICS INC that raised within 45 days of this round, from Fundz verified event records.

  • FOXO Technologies raised $600K on September 19, 2025.
  • Space Cargo Unlimited raised $33M (Series A) on September 19, 2025.
  • Insignum AgTech raised $2.4M (Seed) on September 19, 2025.
  • Revive Therapeutics raised $91K (Post-IPO Equity) on September 19, 2025.
  • MoldCo raised $8M (Seed) on September 18, 2025.
  • Immuto Scientific raised $8M (Seed) on September 18, 2025.

Who to call at STRAND THERAPEUTICS INC, and when

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Company Information

Company

STRAND THERAPEUTICS INC

Location

ONE KENDALL SQUARE

Cambridge, Maryland, United States

About

Strand Therapeutics is a biotechnology company.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

STRAND THERAPEUTICS INC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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